Latin America

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Mainstream strikes deal for 1GW hybrid renewable platform in Chile

ReNews.biz: Mainstream Renewable Power has unveiled a 1GW hybrid renewable energy platform in Chile. The Nazca Renovables platform consists of six projects, comprising three wind and three solar photovoltaic and is divided into three portfolios. Humboldt, the first of these, will provide 255MW of clean energy via the Tata Inti solar farm and the Entre […]

July 20, 2021 Read More →

Mexico announces plans to develop Latin America’s largest solar plant

PV Magazine: The Mexican government plans to develop what it claims will be Latin America’s largest PV plant. The array will be built in Puerto Penasco, in the state of Sonora – one of the world’s best regions for solar power generation. The project was initially announced by the CEO of the country’s power utility, […]

July 19, 2021 Read More →

El Salvador gives green light to 45MW project, nation’s first wind farm

ReNews.Biz: Tracia Network Corporation has successfully commissioned El Salvador’s first wind farm, the Ventus Wind Project. Located in Metapán, the 54MW Ventus wind farm comprises 15 Vestas V136-3.6MW turbines. It will significantly add to El Salvador’s capacity for renewable energy generation and prevent the emission of approximately 200,000 tons of CO2 per year into the […]

July 15, 2021 Read More →

Solatio announces 810-megawatt solar complex in Brazil

Renewables Now: The Brazilian government officials and representatives from Spanish PV sector player Solatio Energia on Friday inaugurated a solar power complex that will add 810 MWp once fully up and running. Solatio, a company with more than a decade-long presence in Brazil, is installing the BRL-3-billion (USD 570.3m/EUR 480.6m) three solar-farm project in the […]

July 12, 2021 Read More →

Coal hits highest level in decade amid global carbon reduction pledges

Wall Street Journal ($):  Coal prices have climbed to their highest level in a decade, making the fuel a hot commodity in a year when governments are pledging reductions in carbon emissions. A shortfall of natural gas, rebounding electricity usage and scanty rainfall in China have lifted demand for thermal coal. Supplies have been crimped […]

June 25, 2021 Read More →

Latin America possesses potential to become key hydrogen player

OilPrice.com: As oil majors around the world solidify their positions in the hydrogen industry, the IEA has highlighted Latin America as a clear area of opportunity for the production of what many expect to be the energy source of the future.  “Latin America could become a key contributor to the global push towards low carbon […]

April 28, 2021 Read More →

Chile takes Latin America lead for early works renewables pipeline

Bnamericas ($): A flurry of large and small-scale renewable projects totaling US$2.6bn in new investments have been filed for environmental approval in Chile over the past month. According to environmental agency SEA, eight large-scale projects were presented in April for a combined investment of US$1.68bn, together with 93 smaller projects totaling US$954mn. The news highlight […]

April 27, 2021 Read More →

Small energy companies betting against quick energy transition

Wall Street Journal ($): For all the talk of a transition away from fossil fuels, players in the energy sector are still willing to bet there is more money to be made in oil and coal. Major oil companies such as BP PLC and Royal Dutch Shell PLC are selling billions of dollars of assets […]

April 26, 2021 Read More →

Frost & Sullivan projects massive expansion in global battery storage market by 2030

Saur Energy: Frost & Sullivan’s (F&S) recent analysis on the global grid battery energy storage market finds that the continual expansion of intermittent renewables (RE) and declining technology costs are key factors fueling the market. As more nations across regions commit to generate over 50 percent of power from renewable energy by 2030 and modernise […]

April 16, 2021 Read More →

France’s Neoen targets 10GW of renewable energy capacity by 2025, double current level

Reuters: French renewable energy producer Neoen on Thursday announced plans to more than double its capacity by the end of 2025, by rapidly expanding its presence in the countries where it already operates. The group, which owns Australia’s “Victorian Big Battery” project, is targeting capacity of at least 10 gigawatts in operation or under construction […]

March 11, 2021 Read More →