Market News - New Energy Events

Mexico to invest US$51.5 million in drilling new geothermal wells in Baja California
June 26, 2025
Mexico’s Ministry of Energy (Sener) will drill four geothermal wells in Baja California and Baja California Sur, investing US$51.5 million through the Geothermal Financing and Risk Transfer Program to reduce exploration risk. The program is managed through a collaborative initiative led by the Inter-American Development Bank (IDB) in partnership with Sener, NAFIN, the Clean Technology […]
Dominican Republic joins Spain and Hispasat in regional satellite initiative to bridge digital divide
June 26, 2025
The Dominican Republic, through INDOTEL, has signed a collaboration agreement with the Government of Spain and satellite operator Hispasat to explore participation in a regional telecommunications satellite project. The initiative aims to improve digital connectivity in underserved areas by developing sovereign digital infrastructure. Source: BNAmericas
Land cleared for green hydrogen project in Piauí as Solatio plans 3GW electrolyser installation
June 26, 2025
Land is being cleared in Piauí, Brazil, for a major green hydrogen project led by Solatio, which plans to install 3 GW of electrolyser capacity along with a solar power plant for hydrogen and ammonia production. The site is located in the Parnaíba export processing zone. However, a final investment decision has not yet been […]
Peru grants concessions for rural solar projects benefiting over 114,000 households
June 26, 2025
Peru’s Ministry of Energy and Mines has granted two concessions to Oriental Renova and Renova Solaris to install autonomous solar systems in over 4,300 rural locations, benefiting more than 114,000 households without access to the electricity grid. The projects will span nearly all of Peru’s departments and do not require environmental certification. Source: PV Magazine […]
Jamaican refinery Petrojam seeks contractor for photovoltaic system installation
June 26, 2025
Petrojam, Jamaica’s state-owned oil refinery, is seeking a contractor to design, supply, install, operate, and maintain photovoltaic systems at its production facilities. The systems must have a capacity between 320 kW and 500 kW. The tender is open to local and international bidders, with applications due by September 2. Source: PV Magazine LATAM
Orygen begins construction of Wayra Solar, expanding Peru’s largest hybrid wind-solar complex
June 26, 2025
Orygen, backed by British fund Actis, has begun construction of the 94.22 MW Wayra Solar plant in Nazca, Peru, as part of the country’s first large-scale hybrid wind-solar complex. The US$71.8 million project will integrate with the existing Wayra I and Wayra Extension wind farms, bringing the total capacity of the Wayra Renewable Energy Complex […]
Neuquén to launch bidding in September for first municipal solar park
June 26, 2025
The city of Neuquén, Argentina, plans to launch the bidding process in September for its first solar park, with a total capacity of 50 MW. The first 10 MW will be funded entirely by municipal resources,. The project is part of a broader strategy to promote non-conventional energy sources. Source: PV Magazine LATAM
Chile approves environmental assessment for US$500 million Radal Solar and battery storage project
June 26, 2025
Chile has approved the environmental assessment for the Radal Solar project, a 280 MWp photovoltaic plant paired with a 200 MW/1,101 MWh battery energy storage system (BESS), to be developed by Eurus Energy. Source: PV Magazine LATAM
Ecuador secures US$77 million IDB guarantee to boost private investment in solar and wind projects
June 26, 2025
The Inter-American Development Bank (IDB) has granted a US$77 million sovereign guarantee to Ecuador to encourage private investment in renewable energy projects. The support will help develop over 820 MW of new solar and wind capacity across up to 12 projects selected through a public bidding process led by the Ministry of Energy and Mines. […]