Market News - New Energy Events

Barbados secures US$700,000 grant from CAF to address water losses and strengthen infrastructure
May 15, 2025
The Government of Barbados has secured a US$700,000 grant from CAF to help reduce chronic water losses caused by outdated infrastructure. The funding will focus on addressing leaks and non-revenue water, which includes water produced but not billed due to issues like theft or inaccurate meters. Source: Caribbean National Weekly
BESS del Desierto is Latin America’s first large-scale stand-alone energy storage plant inaugurated in Chile
May 15, 2025
The BESS del Desierto plant, inaugurated in Chile by Atlas Renewable Energy, is the first large-scale stand-alone energy storage facility in Latin America. Located in the Atacama Desert, the 200 MW plant has a storage capacity of 800 MWh and is designed to store solar energy during peak generation times and release it during peak […]
Conolophus Project in Galapagos submitted to IDB Invest for financial evaluation
May 15, 2025
The Conolophus project in the Galapagos Islands, Ecuador, has been submitted to IDB Invest for financial evaluation. The project, developed by E-QUATOR Energy (a partnership between Gransolar and TotalEnergies), involves the creation of a 14.8 MWp photovoltaic plant on Baltra Island, alongside a 40.9 MWh battery energy storage system. Source: PV Magazine LATAM
IDB approves US$250 million loan for rural electrification and renewable energy mini-grids in Guatemala
May 15, 2025
The Inter-American Development Bank (IDB) has approved a US$250 million loan to finance the Rural Electrification Access Program in Guatemala, aimed at increasing electricity coverage in rural areas. The program includes developing mini-grids with renewable energy and energy storage systems, benefiting around 70,000 households Source: PV Magazine LATAM
RFP issued for five solar-plus-storage resiliency hubs in Puerto Rico
May 15, 2025
The Interstate Renewable Energy Council (IREC), with support from the University of Puerto Rico-Mayagüez, has issued a request for proposals (RFP) for the installation of five solar-plus-storage resiliency hubs in underserved communities in Puerto Rico. This project, aimed at providing reliable electricity during and after natural disasters, is part of a multi-year commitment by the […]
Arequipa allocates 160 hectares for green and blue hydrogen plant
May 15, 2025
The regional government of Arequipa, Peru, has allocated a 160-hectare plot of land in Matarani, Islay province, for the construction of a green and blue hydrogen production plant. Source: PV Magazine LATAM
Brazil’s Bahia to develop solar PV park with green methanol and ammonia production
May 15, 2025
Brazil’s Bahia state is advancing the development of a solar photovoltaic (PV) park combined with green methanol and ammonia production facilities. This project is being led by GoVerde, a Brazilian clean energy company, in collaboration with the state government. Source: Renewables Now
TotalEnergies H2 submits US$16 billion H2 Magallanes project for environmental assessment in Chile
May 15, 2025
TotalEnergies H2 (TEH2) has submitted its US$16 billion H2 Magallanes project for environmental assessment in Chile, aiming to produce and export green ammonia from the Magallanes region. The project will involve a 5 GW wind farm, renewable hydrogen and ammonia facilities, and desalinated seawater, producing up to 1.9 million tonnes of green ammonia annually. Source: […]
Genneia to invest US$110 million in 130 MW San Juan Sur solar farm to meet industrial demand
May 15, 2025
Argentine power producer Genneia will invest US$110 million to build the 130 MW San Juan Sur solar farm in San Juan province, aimed at meeting the growing electricity demand from mining and industrial sectors. The farm is set to be operational by the second half of 2026. Source: Renewables Now