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Renewables

  • JR Ortiz completes the third-largest renewable energy project in Peru

    August 15, 2024

    Chile-based JR Ortiz has completed its first solar photovoltaic project in Peru, installing a 100 MWp solar farm in Mollendo, Arequipa. This facility is now the third-largest renewable energy project in Peru and is expected to power approximately 62,000 homes. Source: Renewables Now

  • Brazil enacts law to establish legal framework for low-carbon hydrogen

    August 15, 2024

    Brazil’s President Luiz Inacio Lula da Silva has signed a law creating a regulatory framework for low-carbon hydrogen, according to the Ministry of Mines and Energy. The law aims to enhance Brazil’s credibility in the global hydrogen market and includes initiatives like the Special Incentive Scheme for Low Carbon Hydrogen Production (Rehidro) and the Brazilian […]

  • First phase of US$11 billion green hydrogen project in Chile files for environmental approval

    August 15, 2024

    The first phase of a US$11 billion green hydrogen and green ammonia project in Chile, led by Copenhagen Infrastructure Partners (CIP) and two Austrian firms, has been submitted for environmental approval. Source: Renewables Now

  • Aluar Aluminio Argentino to invest US$400 million in expanding Chubut wind farm to 582 MW

    August 15, 2024

    Aluar Aluminio Argentino SAIC is set to invest US$400 million in expanding its wind farm in the Chubut province. The current 246 MW wind farm will be increased by 336 MW. The expansion, expected to be completed by the end of 2026, will boost the farm’s total capacity to 582 MW across 200 square km, […]

  • SUSI Partners to fund 860 MW battery energy storage portfolio in Chile

    August 15, 2024

    SUSI Partners will fund the development of a battery energy storage portfolio in Chile, in partnership with local developer BIWO Renovables. The portfolio comprises 22 battery projects with a total capacity of 860 MW. Most projects are in advanced stages, with the first expected to be ready for construction in the first half of 2025. […]

  • Enel Green Power launches 194 MW Pedra Pintada wind complex in Brazil

    August 15, 2024

    Enel Green Power SpA’s Brazilian unit has commenced commercial operations at the 194 MW Pedra Pintada Wind Complex in Bahia. The project cost a total of US$324.92 million. Source: Renewables Now 

  • Corio Generation and EBR collaborate to explore 2,400 MW offshore wind deployment in Brazil

    August 15, 2024

    Corio Generation and Estaleiros do Brasil (EBR) have signed an agreement to explore using EBR’s infrastructure to deploy 2,400 MW of offshore wind in Rio Grande do Sul. Corio plans to develop two offshore wind parks, Casino and Rio Grande, each with over 1,200 MW capacity. Source: Renewables Now

  • Fuella AS plans major green hydrogen project in Brazil, backed by Allianz Capital Partners

    August 15, 2024

    Norwegian renewable energy company, Fuella AS, supported by Allianz Capital Partners, is planning a green hydrogen project in Brazil. The company has secured land at the Port of Acu in Rio de Janeiro and plans to make a final investment decision within four years on a 400,000-ton-per-year green ammonia plant. Source: Bloomberg

  • IDB Invest and GCF launch Caribbean Net-Zero and Resilient Private Sector Program with US$118.9 million funding

    August 1, 2024

    IDB Invest, in partnership with the Green Climate Fund (GCF), is launching the Caribbean Net-Zero and Resilient Private Sector Program to promote greenhouse gas emission reductions and climate-resilient investments in the Caribbean. The GCF has approved up to US$118.9 million in funding for this initiative. The program aims to boost private sector investment in climate […]

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