Ecuador’s government has announced that it will grant concessions for private companies to build and operate power generation plants and a new transmission system for the oil sector.
Chile has inaugurated Latin America’s first thermal solar plant, Cerro Dominador in the Atacama desert in the north of the country.
The French energy group Engie has announced that it will stop using coal to generate electricity in Chile by 2025, while doubling its target for power from renewable sources.
Statkraft has announced it will build its first wind farms in Chile.
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.