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Renewables

  • Ecuador unveils US$2.43 billion energy expansion plan with 1.47 GW of renewables

    February 28, 2025

    Ecuador has unveiled its 2025-2030 electric power expansion plan, targeting 1,471 MW of new hydro, solar, wind, and geothermal capacity, along with proposed nuclear energy investments. The US$2.43 billion initiative includes 23 projects in partnership with private companies, with solar energy leading at 963 MW and US$913 million in investment. Source: BNAmericas

  • RIC Energy develops 210 MW battery storage projects in Chile

    February 28, 2025

    Spanish renewable energy company RIC Energy is developing seven battery energy storage system (BESS) projects in Chile, totaling 210 MW with four-hour storage capacity. Two projects, Santa Remedios MC and Santa Amelia TU, have already secured access and connection permits, linking to substations in the Libertador General Bernardo O’Higgins region. Source: PV Magazine LATAM

  • 360Energy issues fourth green bond to fund solar projects in Argentina

    February 28, 2025

    Argentine energy company 360Energy has launched its fourth green bond, aiming to raise US$10 million, expandable to US$15 million, to finance solar projects in Colón, Arrecifes, Realicó, Palomar, and Córdoba. Source: PV Magazine LATAM

  • Cuba inaugurates 21.87 MW solar park as part of 1,000 MW renewable energy expansion

    February 28, 2025

    Cuba has inaugurated the 21.87 MW Nursing School Solar Park in Cotorro, Havana, The project aims to add 1,000 MW to the National Electric Energy System. The broader initiative will contribute 2,000 MW to the National Electric Energy System, including 400 MW of distributed storage. Source: PV Magazine LATAM

  • Brazil’s Sudene approves US$10.8 million in funding for Borborema II wind park

    February 28, 2025

    Brazil’s Sudene has approved the release of US$10.8 million as part of a larger loan to support the development of the Borborema II wind park in Paraíba, strengthening renewable energy in the region. Source: Renewables Now

  • Aslan Energy Capital develops solar powered green hydrogen project in Mexico

    February 28, 2025

    Aslan Energy Capital is developing the Aslan Net-Zero Energy Mexico Project, a solar-powered green hydrogen and ammonia facility in Sonora, Mexico, set for completion by 2028. The project will produce carbon-free hydrogen and ammonia, which will be transported to California-based CalYan XGH for distribution and infrastructure development. Source: Energy Tech

  • Ecoener secures US$43.1 million Proparco loan for renewable energy in the Dominican Republic

    February 28, 2025

    Ecoener has secured a US$43.1 million loan from Proparco to support its renewable energy projects in the Dominican Republic, including the 60 MW Payita 1 solar PV plant. Source: Renewables Now

  • Argentina launches 500 MW battery storage auction to strengthen grid

    February 28, 2025

    Argentina has launched a 500 MW battery energy storage auction to strengthen the electricity grid in Buenos Aires’ metropolitan area (AMBA). With an estimated US$500 million investment and an execution timeline of 12 to 18 months, the project aims to enhance energy reliability, particularly during peak demand. Source: Renewables Now

  • Helexia Brasil expands solar energy with four new plants in Amazonas

    February 28, 2025

    Helexia Brasil, a subsidiary of Voltalia SA, is building four solar power plants in Amazonas, Brazil, with a combined capacity of 12.88 MWp to enhance the region’s renewable energy infrastructure. The project aims to leverage the region’s solar potential, supporting local energy needs and environmental goals. Source: Renewables Now

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