Petrobras of Brazil has officially pulled out of wind power generation after signing a $5.9 million deal with investment fund Fundo de Investimento em Participações Multiestratégia Pirineus (FIP Pirineus) to sell its 51 per cent stake in the Mangue Seco 2 plant.
Francisco Sagasti, interim President of Peru, has introduced a bill to the Peruvian Congress to provide investment incentives for renewable energy resources.
Enel Green Power Chile (EGP Chile), a subsidiary of Enel Spa, is planning to participate with Chilean power company AME and ENAP, Chile’s National Oil Company, Siemens Energy, and Porsche to install a pilot plant to produce green hydrogen.
Brazil’s Ibitu Energia, owned by US-based asset manager Castlelake LP, plans to invest roughly $840 million in renewable energy assets in the coming five years, according to a statement from Gustavo Ribeiro, Chief Executive of Ibitu Energia.
Enel Green Power Chile, a subsidiary of Eel Chile, has begun construction work in its new Renaico II wind power plant, located in Renaico in the Araucanía region of Chile.
Nordex has received an order from a new customer, Companhia Paraneanse de Energia (COPEL) for the supply and construction of 26 AW132/3465 wind turbines in Brazil.
Power company Enel Chile and its electricity generation subsidiary Enel Generacion Chile have decided to close their last coal-fired plant in 2022 to exit coal-fired electricity generation earlier than had been agreed with the Chilean Government.
The Nuclear Alternative Project (NAP) has published a report, a Preliminary Feasibility Study for Small Modular Reactors and Microreactors for Puerto Rico.
Wärtsilä has signed an EPC contract with electric utility Guyana Power and Light (GPL).
Jose Ortiz, Executive Director of the power utility PREPA, said that Puerto Rico’s largest power plant could remain out of action for up to a year because of earthquake damage.