ContourGlobal has committed 60% of its $1.1 billion Green Bond proceeds to accelerate its transition to low-carbon generation, allocating $657 million across a diversified portfolio of renewable energy and battery storage projects in ten countries by the end of 2025. The company reinforces its strategic focus on expanding clean generation capacity alongside energy storage to […]
Grenergy has advanced its hybrid solar and storage development by closing a $355 million senior non-recourse financing deal for its Central Oasis platform in Chile, underpinning expansion across key regions and enabling construction of its new Planchón hybrid project. The transaction enhances the company’s near $1.6 billion financing portfolio for its Latin American platforms and
YPF, Eni, and XRG have formalized a binding Joint Development Agreement (JDA) to accelerate the Argentina LNG project, aiming to achieve a Final Investment Decision (FID) by the second half of 2026. The initiative targets an initial liquefaction capacity of 12 million tons per annum (MTPA), leveraging Vaca Muerta’s gas potential and positioning Argentina as
YPF, Eni and XRG Sign Joint Development Agreement to Advance Argentina LNG Project Read Post »
The arrival of the first 70 lithium-ion battery containers marks a critical construction milestone for Colbún’s $200 million BESS Diego de Almagro Sur project in Chile’s Atacama region. Set to enhance grid stability and supply clean energy to over 55,000 homes, the project is on track for operational launch by December 2026, reinforcing the country’s
Shell has agreed to divest a 20% interest in its Orca oil and gas project located in the Santos Basin offshore Brazil to the Kuwait Foreign Petroleum Exploration Company (KUFPEC), a subsidiary of Kuwait Petroleum Corporation. The transaction, expected to close by the end of 2026 pending regulatory approvals, will leave Shell as the operator
ACCIONA Energía is reinforcing its foothold in Chile’s renewable energy sector through new battery storage contracts and ongoing solar PV capacity expansion. The integration of advanced energy storage at its Atacama solar project and sizable photovoltaic capacity additions reflect Chile’s accelerating transition to a low-carbon electricity matrix. Continued investments in large-scale renewables and emerging hydrogen
Ecuador’s government has enforced a comprehensive suspension of mining operations in the provinces of Napo, Loja, and El Oro, targeting illegal and environmentally damaging activities. Continued interinstitutional efforts signal a robust crackdown on illicit mining with ongoing inspections, sanctions, and environmental compliance requirements set to reshape the sector in these vulnerable regions. Following a presidential
Itaipú Binacional reached an unprecedented energy supply milestone in January 2026 by delivering 2,619 GWh to Paraguay’s national grid, reflecting continued growth in domestic electricity demand and reinforcing Itaipú’s strategic role in national energy security. Rising instantaneous power consumption and increased generation capacity signal expanding infrastructure demands and opportunities for further optimization in Paraguay’s power
Itaipú Hydroelectric Plant Sets New Record for Energy Supply to Paraguay in January 2026 Read Post »
Norwegian energy group Equinor plans to expand its international oil and gas production portfolio substantially by 2030, aiming for over 900,000 barrels of oil equivalent per day (boed) outside Norway, a 23% increase from 2025 levels. Key growth drivers include the Bacalhau and Raia projects in Brazil, the Sparta field in the U.S. Gulf of
