Iran’s Sunir, an electrical products company, and Spain’s Bester Generation have signed a memorandum of understanding to develop renewable power generation projects worth $250 million in Chile and Mexico.
The government of Ethiopia and Icelandic-US firm Reykjavik have signed a construction agreement for the first phase of the Corbetti 1000 MW geothermal plant in Ethiopia.
Italian renewable energy developer Enel Green Power has announced a $9.9 billion, 7 GW capacity addition and capital investment programme in Latin America.