Spanish renewable energy developer Grenergy has secured its largest project finance deal to date, totaling $457 million for solar-plus-storage assets in Chile’s Atacama region and distributed generation projects. The transaction brings the company close to 40% of its 2026-2028 strategic plan debt target and pushes total non-recourse financing obtained in Chile above $2.4 billion. The […]
Chile’s environmental authority has issued favorable resolutions for 17 solar and battery storage projects totaling at least 1,358 MW of DC capacity and 15.4 GWh of storage between early August and October 9, 2026, with declared investments approaching $4 billion. The approval wave signals accelerating deployment of hybrid generation-plus-storage assets across multiple regions as developers
Off-grid solar deployment across Brazil’s Amazon has surged from 105 systems in 2020 to over 100,000 by 2026, with nearly all installations being solar-powered. The expansion addresses both climate resilience and energy access challenges as approximately 1 million Amazon residents still lack electricity, while communities brace for severe drought conditions linked to this year’s El
Peru’s Ministry of Energy and Mines has authorized a permanent land easement covering 320.34 hectares for the Babilonia solar project in La Joya district, Arequipa, advancing the development of Spanish developer Zelestra’s 242 MWp facility. The authorization clears a critical regulatory milestone for the project, which is scheduled to enter commercial operation in the first
GPS Group’s Río de Oro Energy facility commenced electricity delivery to industrial clients on 15 September 2026, marking Ecuador’s largest private solar investment at over $50 million. The project operates under a remote self-supply framework that allows commercial users to contract renewable energy transported via the public grid without state power purchase agreements, a model
Brazil’s electricity market reforms, offshore wind regulation framework and low-carbon hydrogen policy are reshaping investment flows as the country targets 62% renewable capacity by 2035. Solar photovoltaic dominates near-term capital allocation while grid expansion and energy storage emerge as critical enablers for variable generation integration. Brazil’s power sector is entering a restructuring phase driven by
Brazil’s power sector reforms drive US$93 billion renewable investment wave through 2030 Read Post »
Genneia inaugurated its largest solar facility in San Juan province, bringing 350 MW of total installed capacity in the region and positioning the company as a strategic renewable energy supplier for Argentina’s expanding mining sector. The development reinforces the Cuyo region’s role as a convergence point for solar resources and industrial energy demand, particularly from
The Ecuadorian government has removed a combined 20% tax burden on imported power generation and storage equipment for private projects, addressing a long-standing distortion that prevented investors from recovering costs. The measure, effective October 6, 2026, targets hydroelectric, solar and battery storage infrastructure as authorities seek to expand generation capacity and reduce vulnerability to drought-related
Cox has secured a major long-term power purchase agreement with Colombia’s leading public utility EPM, requiring €40 million in capital deployment across a distributed solar portfolio. The 15-year contract provides revenue visibility through 2042 and consolidates Cox’s position in a market where it now operates over 20 projects. EPM’s AAA(col) Fitch rating and the deal’s
