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Market News

  • Argentina conducts social and environmental studies for proposed 5 MW pilot geothermal project

    February 15, 2023

    Social and environmental studies are currently underway in Argentina for the proposed 5 MW pilot geothermal plant in the area of the Domuyo volcano. Source: ThinkGeoEnergy

  • Grenada currently in exploratory phase of geothermal drilling

    February 15, 2023

    Grenada is actively exploring its prospects for wind, solar, and geothermal energy. They are currently in the exploratory phase of geothermal drilling. Source: Caribbean Loop News

  • Suriname plans to phase out subsidies for gas, electricity, and fuel

    February 15, 2023

    The Suriname governments plans to phase out subsidies for gas, electricity, and fuel to reduce expenditures and follow IMF’s guidelines. Source: Caribbean National News

  • Panama currently has 16 PV projects in the works – in various stages

    February 15, 2023

    The office of the National Public Services Authority in Panama reported there are currently 16 PV projects in the works, some in initial operation, others in planning and execution stage. The total capacity of the projects will be 127.38 MW. Source: PV Magazine LATAM

  • Genneia SA issued US$73 million in green bonds to finance wind and solar projects

    February 15, 2023

    Argentinian power producer, Genneia SA, issued US$73 million in green bonds to raise money for the construction of the 103.5 MW La Elbita wind farm project in Buenos Aires and the 60 MW Tocota III solar PV project in San Juan. Source: Renewables Now 

  • EDP Renovaveis SA unveiled its largest renewable energy park, a 580 MW wind complex in Brazil

    February 15, 2023

    EDP Renovaveis SA opened its 580 MW wind complex in Brazil’s Rio Grande do Norte state. The complex is made up of 14 wind farms equipped with 138 turbines, making it the firms largest renewable energy park in the world. Source: Renewables Now

  • Enel Chile receives approval to start commercial operations at its 204 MW solar farm

    February 15, 2023

    Enel Chile received approval to commence operation at its 204 MW Atacama Desert solar farm. The project cost a total of US$164 million. Source: Renewables Now 

  • 22 geothermal exploration permits currently active in Mexico

    February 15, 2023

    According to the Secretariat of Energy of Mexico, 22 active geothermal exploration permits are currently active in the country, the majority in Baja California. Source: ThinkGeoEnergy

  • Enel Colombia begins construction of 29.87 MW solar farm in Panama

    February 15, 2023

    Enel Colombia has started construction on a 29.87 solar farm in Panama, one of the three markets in which it is active in Central America. Source: Renewables Now 

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