Market News - New Energy Events

Barbados to launch 60 MW battery storage and onshore wind project tenders as part of US$9.5 billion energy transition plan
October 24, 2025
Barbados is moving forward with its national energy policy and resiliency plan, with an RFP for up to 60 MW of battery energy storage systems (BESS) set to be issued by the end of the month, according to Energy Minister Lisa Cummins. The projects will be built, owned, and operated by private developers, alongside plans […]
Jamaica begins search for new power grid operator ahead of JPS license expiration in 2027
October 24, 2025
Jamaica’s government has launched the process to find a new national power grid operator ahead of the 2027 expiration of Jamaica Public Service’s (JPS) license. The energy ministry is seeking consultants to design the transition framework, assess ownership transfer options, and make the sector attractive to investors. The IDB-financed consultancy will support the government’s plan […]
OpenAI signs letter of intent for data center in Patagonia, led by Sur Energy
October 24, 2025
OpenAI has signed a letter of intent to participate in the Stargate Argentina AI data centre project in Patagonia, a joint venture with Sur Energy announced by President Javier Milei’s government with a projected investment of US$25 billion. OpenAI will not contribute funds upfront and will act as the main buyer of computing capacity only […]
Mexico invites private developers to apply for 34 renewable energy projects worth US7.1 billion
October 24, 2025
Mexico’s energy ministry has invited private developers to apply for generation permits for 34 renewable energy projects—23 solar and 11 wind—totaling nearly 6 GW and US$7.1 billion in investment. The projects are prioritized for accelerated permitting, with applications due October 24 and approvals expected in December. Source: BNAmericas
Copiapó becomes first South American city with 100% electric public bus fleet
October 24, 2025
The Chilean city of Copiapó has become the first in South America to run a 100% electric public bus fleet, with 121 electric buses operating on 12 urban routes powered entirely by renewable energy. The project, led by Copec Voltex, features an electric terminal, fast chargers, intelligent operational software, and modern bus amenities like air […]
Cuba continues push for renewable energy, 19 wind farms under construction
October 24, 2025
Cuba now operates 32 photovoltaic parks out of the 55 planned for 2025, providing a total of 715 MW and contributing 9% of the country’s electricity generation in September, up from 2% in January. Additionally, 19 wind farms totaling 415 MW are under construction pushing Cuba toward exceeding its 1,000 MW renewable target this year. […]
Atlas Renewable Energy secures US$475 million for 357 MW Copiapó solar project in Chile
October 24, 2025
Atlas Renewable Energy secured US$475 million to build the 357 MW Copiapó Solar project in northern Chile, including a 320 MW, four-hour storage system. The project will supply electricity to Grupo CAP under 15-year contracts, supporting mining operations with reliable power. It is expected to generate 750 GWh annually and begin operations in 2026. Source: […]
Project InnerSpace launches GeoMap South America to uncover geothermal potential
October 24, 2025
Project InnerSpace has unveiled GeoMap™ South America, a free exploration platform revealing the continent’s vast untapped geothermal resources — among the highest heat flow zones globally. The tool integrates millions of surface and subsurface data points, identifying major geothermal opportunities across the Andes for power generation, mining, and urban heating. Highlights include an estimated 1,200 […]
Chile’s Enap nears completion of first green hydrogen plant in Magallanes
October 24, 2025
State-owned Empresa Nacional del Petróleo (Enap) is close to completion of Chile’s first green hydrogen plant in Cabo Negro, Magallanes. The 1 MW facility — featuring German-made PEM electrolyzer technology — is expected to be fully operational by early 2026. Source: Fuel Cells Works