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oilgas8 chrisleboutillier
Bolivia, Oil & Gas, Politics

Bolivian Vice President Files Formal Corruption Complaint Against YPFB President Over Fuel Overpricing

The Bolivian Vice President Edmand Lara has filed a formal criminal complaint against Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) President Yussef Akly, alleging corruption through overpriced fuel contracts. The unfolding legal scrutiny and public dispute highlight growing tensions within the government and could impact Bolivia’s state oil company’s market operations and governance stability in the near […]

Bolivian Vice President Files Formal Corruption Complaint Against YPFB President Over Fuel Overpricing Read Post »

PV5 Harisankar
Markets, Peru, Solar

Construction Begins on 242 MWp Babilonia Solar Plant in Arequipa, Bolstering Peru’s Renewable Energy Hub

The Babilonia Solar Photovoltaic Plant in Arequipa has commenced construction, marking a significant milestone in Peru’s energy transition with an investment exceeding US$140 million. Scheduled to start operations in mid-2027, Babilonia will strengthen Arequipa’s position as a strategic solar energy hub and contribute to the national renewable energy capacity alongside existing projects. Zelestra, a multinational

Construction Begins on 242 MWp Babilonia Solar Plant in Arequipa, Bolstering Peru’s Renewable Energy Hub Read Post »

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BESS, Chile, Markets

ACCIONA Energía contracts CATL for 1 GWh battery storage at Malgarida solar park in Chile

ACCIONA Energía has secured a contract with CATL to supply 1 GWh of battery storage capacity for its Malgarida photovoltaic project in the Atacama Desert, positioning the installation among Latin America’s largest utility-scale battery systems. The deployment of advanced Tener Stack batteries, expected operational by early 2027, will enhance grid stability and renewable integration in

ACCIONA Energía contracts CATL for 1 GWh battery storage at Malgarida solar park in Chile Read Post »

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Chile, Politics

Chile Advances Toward Sustainable Economy with Mandatory Green Taxonomy Proposal

Chile’s Ministry of Finance has developed the Taxonomy of Environmentally Sustainable Economic Activities (T-MAS), aligning the country with global efforts to standardize sustainable economic practices. Despite strong foundational work and international backing, ongoing challenges in implementation, certification mechanisms, and regulatory incentives will shape the pace of adoption and impact investment flows in Chile’s sustainability market.

Chile Advances Toward Sustainable Economy with Mandatory Green Taxonomy Proposal Read Post »

Wind12 Thomas Richter
Markets, Peru, Wind

Peru’s Largest Wind Farm in Arequipa Surpasses 73% Completion, Set to Deliver Over 600 GWh Annually in 2026

Celaris Energy advances its significant investment in Peru’s renewable sector with the Caravelí wind farm in Arequipa reaching over 73% construction progress. Expected to begin operations in late 2026, the project will contribute more than 600 GWh per year to Peru’s national grid under international renewable certification, enhancing the country’s energy diversification and decarbonization efforts.

Peru’s Largest Wind Farm in Arequipa Surpasses 73% Completion, Set to Deliver Over 600 GWh Annually in 2026 Read Post »

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Chile, Markets, Raw Materials

Minera Centinela Advances Major Expansion with Autonomous Pit and Renewable-Powered Infrastructure

Minera Centinela has reached significant milestones in its large-scale expansion project, marked by the initiation of autonomous operations at its new Encuentro Sulfuros pit and the energization of the DMC substation. These developments are pivotal for the upcoming second concentrator plant and underline the company’s commitment to enhancing production capacity, operational autonomy, and sustainability in

Minera Centinela Advances Major Expansion with Autonomous Pit and Renewable-Powered Infrastructure Read Post »

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BESS, Brazil, Politics

Brazil advances groundbreaking 2026 battery storage auction to reinforce grid stability and attract substantial investment

Brazil is set to hold its first large-scale battery energy storage system (BESS) capacity auction in April 2026, aiming to contract at least 30 MW with daily four-hour discharge capabilities. Regulatory frameworks are nearing completion amid strong sector interest, signaling a major evolution in Brazil’s grid flexibility and renewable integration ahead. The Ministry of Mines

Brazil advances groundbreaking 2026 battery storage auction to reinforce grid stability and attract substantial investment Read Post »

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BESS, Markets

ContourGlobal Allocates $657 Million of $1.1 Billion Green Bond to Expand Renewables and Battery Storage by 2025-End

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

ContourGlobal Allocates $657 Million of $1.1 Billion Green Bond to Expand Renewables and Battery Storage by 2025-End Read Post »

PV1 Green Voltaics Energy
Chile, Markets, Solar

Grenergy secures $355 million senior non-recourse financing for Central Oasis platform in Chile

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

Grenergy secures $355 million senior non-recourse financing for Central Oasis platform in Chile Read Post »

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