South america

Colombian power producer as well as merchant Isagen SA ESP will quickly begin constructing a 100-MW solar farm in Sabanalarga, a community in Colombia's department of Atlantico, the firm revealed in a press release last week.

Spanish integrated solar PV platform Enerside Energy SA (BME: ENRS) stated on Monday that it has actually signed contracts to develop 75 MW of solar projects for third parties in Spain and Chile.

Chile awarded a total amount of 777 GWh/year of new generation backed by 3 various new renewable projects, of which the Zaldivar Project will account for 16 per cent. The Zaldivar Project is anticipated to displace greater than 263,000 lots of CO2 emissions each year.

A subsidiary of Brazilian utility Cia Energetica de Minas Gerais SA (BVMF: CMIG4), better called Cemig, has signed design, purchase and building (EPC) contracts for 155 MW of solar projects in the state of Minas Gerais.

Latin American utility group Enel Colombia has started building a 132.2-MW (straight existing) solar farm in the Magdalena department of Colombia, launching a project that secured a long-lasting power purchase agreement (PPA) in the Colombian government's renewable energy auction in 2021.

Natixis Corporate & Investment Banking (Natixis CIB) has actually led a US$ 360 million financing round for a Chilean PV portfolio consisting of more than 360MW.

Santiago-based electrical utility Enel Green Power Chile SA has actually gotten government authorization to commence commercial operations at the 60.9-MW Azabache solar energy plant in the north of the nation.

Brazilian chemical business Unipar Carbocloro SA (BVMF: UNIP6) claimed on Tuesday it had actually settled the process of creating a joint venture (JV) with an Atlas Renewable Energy subsidiary to protect a part possession in a 239-MWp solar park project in the state of Minas Gerais.

Renewables proprietor as well as operator Brookfield Renewable has recorded a solid second quarter, investing more than US$ 3 billion on development initiatives in Q2 alone.

Renewables owner and operator Brookfield Renewable has actually recorded a strong 2nd quarter, spending more than US$ 3 billion on development initiatives in Q2 alone.

Brazilian utility Neoenergia SA (BVMF: NEOE3) has begun the commercial operation of the first part of the 149-MWp Luzia solar park, the company announced on Thursday.

Brazilian natural gas and also power company Eneva SA (B3: ENEV3) has protected a loan to fund the growth as well as construction of the 870-MWp Futura 1 solar photovoltaic (PV) project.

Renewables programmer Mytilineos has seen its profits soar to EUR166 million (US$ 168.56 million) in H1 2022, with renewables sales nearly doubling.

Enel Green Power has started construction of a solar PV park of 486.7 MWdc in the north department of Atlántico in Colombia.

Iberdrola has recorded a net earnings of EUR2.07 billion (US$ 2.1 billion) in the very first half of 2022 because of solid performances in its international service offsetting unfavorable results in Spain.