Banco do Nordeste approved a loan for US$80 million to support the development of the 213 MW Caldeirao solar complex in northeast Brazil. Ibitu Energias will provide an additional US$61 million for the project. Source: Renewables Now
Colbun SA, the Chilean Utility, has renegotiated a PPA with Codelco, the state owned copper miner, to gradually replace the contracted supply of coal-based electricity with 100% renewables. The contract will last until 2044. Source: Renewables Now
Chile sets Non Conventional Renewable Energy (NCRE) record by exceeding the production of electricity from coal over a 12-month period with solar and wind power generation. Source: BN Americas
Engie Chile plans to expand an existing solar farm in Chile by building an additional 300MW to the farm and linking around 180 MW of batteries. The expansion will be conducted in two 150 MW phases. Source: Renewables Now
French company Neoen began commercial operation of two batteries within the Capella and Providencia solar plants in El Salvador, with a total storage capacity of 11 MW/8 MWh. Source: PV Magazine LATAM
