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Market News

  • Genneia invests US$250 million into two solar farms in Argentina

    June 19, 2024

    Argentine power company Genneia invested US$250 million into building two solar farms in Mendoza. The two farms will have a combined capacity of 273 MW. Source: Renewables Now

  • Colbun SA fires up turbines at 816 MW wind farm in northern Chile

    June 19, 2024

    Colbun SA launched operations at its 816 MW Horizonte wind farm in northern Chile. Once it is at full capacity the wind farm will be capable of generating 2,450 GWh of electricity yearly. Source: Renewables Now

  • The Government of Piaui and SPIC inaugurate 446 MWp solar complex

    June 19, 2024

    The Government of Piaui and SPIC started operation at the 446 MWp Marangatu solar complex. There are plans for an additional stage to reach a capacity of more than 700 MWp. Source: Renewables Now

  • Brazilian unit of SPIC to invest US$148.7 million into a 105.4 MW wind park

    June 19, 2024

    China’s State Power Investment Corporation (SPIC) will invest US$148.7 million into a 105.4 MW wind park in Rio Grande do Norte state. Source: Renewables Now

  • Government of Piaui signs MoU with Solatio Energy for a 4 GW solar power generation project

    June 19, 2024

    The Government of Piaui signed an MoU with Solatio Energia to develop a 4 GW solar power generation project, reportedly the largest of its kind in Brazil. The power plant is set to power the ammonia production industry in Parnaiba. Source: Renewables Now 

  • Colbun SA proposes plan for 800 MW pumped-storage hydropower plant

    June 19, 2024

    Colbun SA proposed a plan to use the Pacific Ocean to draw water into a pumped-storage hydropower plant (HPP). If the project is selected for completion in northern Chile it is expected to produce up to 800 MW and cost close to US$1.4 billion. Source: Renewables Now 

  • CIBC Caribbean and IDB Invest sign MoU for sustainable development across the Caribbean

    June 19, 2024

    CIBC Caribbean and IDB Invest signed an MoU to advance sustainable development across the Caribbean. The MoU established a framework of cooperation between the financial institutions and will focus on fostering the growth of SME’s, while also focusing on GDI efforts, promoting renewable energy and energy efficiency, and boosting digitalization across the region. Source: Business […]

  • Soleco Energy Limited closes on investment deal with Rubis Caribbean Holdings

    June 19, 2024

    Soleco Energy Limited closes on an investment by Rubis Caribbean Holdings (RCH). The investment will fund new projects developed by Soleco and aid in expansion across the region. Source: OUR Today

  • Colombian engineers win first place in DOE’s geothermal energy competition

    June 19, 2024

    Two Colombian doctoral students at the University of Oklahoma won first place in the technical session of the University Geothermal Energy Competition hosted by the United States Department of Energy.  Source: Piensa Geotermia

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