South america

Latin American empire Enel Americas SA (BCS: ENELAM) claimed on Monday that it will certainly invest USD 5 billion (EUR 4.84 bn) in its electricity company in the area under the 2023-2025 strategic plan, and also straight most its investments to Colombia as well as Brazil.

Spanish solar power developer Solarpack has been provided an elderly loan amounting to close to COP 656 billion (USD 133.6 m/EUR 128.5 m) to construct two solar farms in Colombia.

Phase 1 of the Santa Luzia plant is anticipated to be totally operational in early 2024

Brazilian mining business Vale SA (BVMF: VALE3) announced on Thursday it has started power generation at a 766-MWp solar photovoltaic (PV) plant in the town of Jaiba, Minas Gerais state.

Spanish integrated solar PV platform Enerside Energy SA (BME: ENRS) stated that it has actually authorized a power purchase agreement (PPA) to provide power from its 3.33 MWp distributed generation (DG) solar farm in Brazil to Brazilian renewables and sugar-energy company Raizen SA (BVMF: RAIZ4).

Brazilian glass maker Vivix Vidros Planos perseverance its production facility in the eastern city of Goiana with a 27.5-MW solar plant that will be constructed by domestic renewables firm Atiaia Renovaveis.

The Latin American country has far exceeded its goal to get to 20% of energy production from renewable resources by 2025

The Brazilian Ministry of Mines as well as Energy has provided top priority status to a 22-MW solar power project possessed by Paris-based independent power manufacturer (IPP) Total Eren SA.

Chilean utility Colbun SA has renegotiated the terms of a decade-plus old power purchase agreement (PPA) with state-owned copper miner Codelco to gradually replace the contracted supply of coal-based electricity with 100% renewables.

The University of Marilia in southerly Brazil, referred to as Unimar, announced on Monday it has actually inaugurated a 3.25-MWp solar energy plant at its campus.

Spanish renewables developer Grenergy Renovables SL (BME: GRE) claimed on Thursday it had authorized 2 power purchase contracts (PPAs) to provide around 240 GWh of solar power annually to a utility in Chile.

Global independent power manufacturer (IPP) Sonnedix Power Holdings Ltd said on Wednesday that it has actually settled the acquisition of Chile-based peer Arco, a platform with 290 MW wind and solar projects in the country.

Japanese renewable power developer Eurus Energy Holdings Corp introduced on Thursday that 18 MW of its Chilean solar projects were chosen to receive financial backing by the Japanese Ministry of the Environment.

Chile produced 31.8% of its power in August from renewable resources, Chilean energy commission CNE stated in the latest report on the industry.

When functional, Amazon's projects will certainly generate 50,000 GWh of renewable resource