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Market News

  • Brazilian energy company, Auren Energy, commenced operations at a 409 MW wind complex in Piaui and Pernambuco

    December 8, 2022

    Auren Energy started operations at the 409 MW Ventos do Piaui II and III Wind Complex in northeastern Brazil. The company invested a total of US$395.7 million into the wind complex. Source: Renewables Now

  • AES Andes launched a bidding process to offer green hydrogen from the 2.5 MW electrolysis plant currently under construction in Chile

    December 8, 2022

    AES Andes has launched a bidding process to offer green hydrogen from a 2.5 MW electrolysis plant that they are building in Chile. The company expects to produce 1000 kg/day of green hydrogen. Operation will start in 2024. Source: Renewables Now 

  • Enel Colombia secures loans totaling US$94.2 million to advance rural electrification and build new renewable and electrical substations

    December 8, 2022

    Enel Colombia received loans totaling US$94.2 million to focus on bringing electricity to rural areas and to increase its renewable energy capacity while reducing thermal generation. Source: Renewables Now

  • Ecuador releases a roadmap and national strategy for the production and use of green hydrogen

    December 8, 2022

    The Vice Minister of Electricity and Renewable Energy in Ecuador presented a roadmap and national strategy for the production and use of green hydrogen in the country. The goal is to achieve an energy transition by converting hydrogen obtained from renewable energy into a competitive and environmentally friendly energy vector. Source: PV Magazine LATAM

  • CREF 2023

    The Colombian Ministry of Mines and Energy and the European Investment Bank signed a declaration of intent to promote the energy transition in Colombia

    November 17, 2022

    The Ministry of Mines and Energy of the Republic of Colombia and the European Investment Bank signed a declaration of intent to promote the energy transition in Colombia, giving priority to green hydrogen development. Source: EIB

  • On.Energy is deploying 39 MWh of battery energy storage systems at airports across Latin America

    November 17, 2022

    On.Energy is working to deploy 39 MWh of battery energy storage systems at airports across Latin America to help improve grid reliability. Source: Energy.Storage.News

  • The World Bank announces Hydrogen for Development Partnership at COP27

    November 17, 2022

    At COP27, The World Bank announced the creation of the Hydrogen for Development Partnership, a new global initiative to help boost deployment of low-carbon hydrogen in developing countries. Source: World Bank

  • Mexico plans to deploy an additional 30 GW of wind, solar, geothermal, and hydroelectricity capacity by 2030

    November 17, 2022

    Mexico announced at COP27 that they intend to deploy more than 30 GW of additional wind, solar, geothermal, and hydroelectricity capacity by 2030. Source: Renewables Now

  • MPC Energy Solutions opens two solar farms in El Salvador

    November 17, 2022

    MPC Energy Solutions recently opened two solar farms in El Salvador with a combined capacity of 21.07 MWp. Source: Renewables Now   

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