Technologies

OilGas4 Danny Burke
Economy, Ecuador, Oil & Gas

WTI Oil Surges Above $92 Amid Middle East Conflict and Strait of Hormuz Tensions

WTI crude oil prices exceeded $92 per barrel on March 6, 2026, marking the highest level since late 2022, driven by escalating hostilities in the Middle East and ongoing disruptions in the Strait of Hormuz. Although prices fluctuated early in the week, market watchers anticipate continued volatility contingent on geopolitical developments and regional maritime security. […]

WTI Oil Surges Above $92 Amid Middle East Conflict and Strait of Hormuz Tensions Read Post »

oilgas5 michael pointner
Brazil, Economy, Oil & Gas

Bradesco assesses impact of $80 oil price on Brazil’s economy amid geopolitical tensions

Rising Brent crude prices surpassing $80 per barrel amid US-Israel-Iran conflict escalation pose downside risks for Brazil’s economic growth, with Bradesco forecasting a 0.2 percentage point drag on domestic GDP. Despite this, the bank expects government revenues to benefit from higher commodity prices and anticipates improvements in Brazil’s external accounts, potentially strengthening the real against

Bradesco assesses impact of $80 oil price on Brazil’s economy amid geopolitical tensions Read Post »

oilgas8 chrisleboutillier
Argentina, Economy, Oil & Gas

Middle East Conflict Escalation Drives Global Energy Market Volatility with Direct Impact on Argentina’s Financial Stability

The ongoing military conflict between the United States, Israel, and Iran is deepening geopolitical instability in the Middle East, causing significant fluctuations in global energy prices and financial markets. The duration and scale of the conflict remain uncertain, with major implications for inflation, supply chains, and emerging market economies, including Argentina, where currency reserves and

Middle East Conflict Escalation Drives Global Energy Market Volatility with Direct Impact on Argentina’s Financial Stability Read Post »

PV1 Green Voltaics Energy
Argentina, Markets, Solar

Neuquén inaugurates Los Chihuidos solar park enabling 24/7 renewable energy access

The inauguration of Los Chihuidos solar park marks a decisive step in closing historical energy access gaps in Neuquén’s rural interior. The combined public-private effort with Pan American Energy and YPF signals an emerging model for integrating renewable microgrids supported by battery storage and hybrid systems, enabling continuous power supply to isolated communities. This energy

Neuquén inaugurates Los Chihuidos solar park enabling 24/7 renewable energy access Read Post »

uypol3 montevideo
Hydrogen, Markets, Uruguay

Uruguay Advances Synthetic Fuel Plant Project Amid Local Opposition and Regional Legislative Coordination

Uruguay is progressing with plans to install an e-fuels plant in Paysandú based on a Chilean pilot project, aiming for operation by late 2029. However, opposition from neighboring Argentine communities and ongoing regional legislative coordination efforts highlight environmental and cross-border tensions. The project’s future depends on final investment decisions, regulatory approvals, and energy cost negotiations.

Uruguay Advances Synthetic Fuel Plant Project Amid Local Opposition and Regional Legislative Coordination Read Post »

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BESS, Chile, Markets

Solarig becomes Certified Service Provider for Tesla Megapack 2 XL battery systems in Chile

Solarig has solidified its leadership in renewable asset operations in Latin America by signing a strategic agreement with Tesla to operate and maintain Megapack 2 XL battery energy storage systems (BESS) in Chile. This partnership positions Solarig to enhance its regional service expansion, targeting further certified agreements across key markets such as Peru and Mexico,

Solarig becomes Certified Service Provider for Tesla Megapack 2 XL battery systems in Chile Read Post »

PV1 Green Voltaics Energy
Argentina, Markets, Solar

Genneia secures financing up to $320 million with BID Invest for solar parks and battery storage in Argentina

Genneia’s agreement with BID Invest to finance up to $320 million signals continued expansion in Argentina’s renewable energy capacity, focusing on large-scale solar parks and grid stability projects. With targeted investments in Cuyo and Buenos Aires, and support for transmission infrastructure in northern regions to serve critical minerals mining, this deal underlines Argentina’s push toward

Genneia secures financing up to $320 million with BID Invest for solar parks and battery storage in Argentina Read Post »

PV4 Green Voltaics Energy
Markets, Peru, Solar

Zelestra secures $176 million green financing for 242 MW Babilonia solar project in Peru

Zelestra has finalized a $176 million green financing package with Natixis Corporate and Investment Banking and BBVA Perú for its 242 MWdc Babilonia solar plant, solidifying its investment in Peru’s renewable energy sector. The project, part of the larger La Joya solar complex in Arequipa with a planned capacity of nearly 700 MW, underscores growing

Zelestra secures $176 million green financing for 242 MW Babilonia solar project in Peru Read Post »

PV2 James Smith
Colombia, Markets, Solar

Enel Colombia Commences Operations at 180 MW Atlántico Solar Park, Further Expanding Renewable Capacity

Enel Colombia has initiated power generation at its 180 MW Atlántico solar park, advancing its leadership in the country’s solar energy sector. Alongside the Guayepo III plant, these projects are consolidating the Atlántico region as Colombia’s largest solar generation cluster, with expected combined output to serve millions annually. Market focus will remain on Enel’s continued

Enel Colombia Commences Operations at 180 MW Atlántico Solar Park, Further Expanding Renewable Capacity Read Post »

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