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Solar Energy

  • Itaipu Binacional launches 2.5 MW solar plant on rehabilitated land in Cascavel, Paraná

    December 6, 2024

    Itaipu Binacional has inaugurated a 2.5 MW photovoltaic plant in Cascavel, Paraná, built on a former garbage dump, as part of a project to rehabilitate degraded areas. With a total investment of over US$1.9 million, the plant will power part of the local electric bus fleet and provide energy to municipal public buildings, contributing to […]

  • Dominican Republic targets 25% renewable energy by 2025

    December 6, 2024

    The Dominican Republic is aiming to generate 25% of its electricity from renewable sources by 2025, as part of its commitment to energy diversification. Solar energy will spearhead this transition, with penetration expected to grow from 8% to 17% within a year. Source: Net Zero Circle

  • Yinson Renewables secures financing for Peru’s first subsidy-free solar project

    December 6, 2024

    Yinson Renewables has secured US$59 million in financing for its 97 MWp Matarani Solar project in Arequipa, Peru, which began operations earlier this year. The project, backed by a loan from IDB Invest and Natixis, is Peru’s first subsidy-free solar plant and will produce 260 GWh annually, helping diversify the country’s energy mix, which is […]

  • Argentina’s El Quemado solar park project secures incentives under new large investment regime

    November 7, 2024

    The El Quemado photovoltaic solar park project, being developed by YPF Luz and Emesa in Mendoza, Argentina, will have a total capacity of 305 MW and is the first renewable energy project to be built under Argentina’s Large Investment Incentive Regime (RIGI). The first stage of the project, with a capacity of 200 MW, has […]

  • MOU signed to develop solar projects in Colombia’s Amazon

    November 7, 2024

    A memorandum of understanding has been signed by IDB Invest, DUE Capital and Services, BBVA, Bonus Gestión de Activos, and FDN to support the development of two solar projects in Colombia’s Amazon region. The Centenario and Matakavi solar plants, which will include battery storage, aim to provide 24/7 clean energy to local communities, reduce reliance […]

  • Mexico’s solar program expands access to electricity for off-grid rural families

    November 7, 2024

    The Autonomous Photovoltaic Systems Program in Rural Communities, led by the Ministry of Environment and Sustainable Development (SMAyDS) and the State Institute of Energy and Climate Change (IEECC), is providing solar kits to off-grid families in Mexico. Already implemented in over 600 homes, the program will expand to 521 more homes in marginalized areas, benefiting […]

  • Enel Chile launches 67 MW BESS system in Santiago

    November 7, 2024

    Enel Chile will soon begin commercial operations of the 67 MW El Manzano battery energy storage system (BESS) in the Santiago Metropolitan Region. This finalizes Enel Chile’s first energy cluster in the capital region, combining the BESS with a nearby solar farm. Source: PV Magazine LATAM

  • Celsia SA to launch Colombia’s first solar energy storage system

    October 24, 2024

    Celsia SA announced that Colombia’s first solar energy storage system will begin operations soon at a 9.9 MW solar farm in Valle del Cauca. The 1 MW battery energy storage system (BESS) will store excess solar power generated by the Celsia Solar Palmira 2 plant. Source: Renewables Now

  • Inkia Energy aims to become Peru’s largest renewable power producer with gigawatt-scale wind and solar projects

    October 24, 2024

    Inkia Energy has announced plans to expand its installed capacity and become Peru’s largest renewable power producer by developing a pipeline of gigawatt-scale wind and solar projects. The company plans to contribute approximately 1 GW of solar power to the National Interconnected Grid starting in late 2025. Additionally, Inkia is expanding a photovoltaic farm in […]

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