The Argentine government is expected to sign a financing agreement with China to secure $35 billion for infrastructure projects under a five-year investment plan.
The Brazil government said that the country’s power generation capacity will increase by 37 per cent from 200 GW to 275 GW over the next 10 years.
GE Renewable Energy’s Hydro Solutions has signed an O&M contract for the 210 MW Igarapava Hydroelectric Power Plant, located in Rio Grande in the Paraná River basin in Brazil.
Siemens Energy has won an order for the turnkey construction of the CCGT plant UTE GNA II, located at Port of Açu in the Brazilian state of Rio de Janeiro.
Brazil’s National Electric Energy Agency (ANEEL) passed 45.9 MW of wind turbines in wind farms for commercial operation, taking Brazil past 20 GW of installed capacity in wind power generation.
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.