South america

Brazilian energy company Omega Energia SA (BVMF: MEGA3) has actually entered into clear-cut agreements with neighborhood firm Apolo Administracao de Recursos Ltda to create a new solar power-focused holding firm.

Santiago, Chile-based power business AES Andes has actually obtained environmental approval to build an 862.5-MW wind as well as solar hybrid generation plant in the Chilean region of Antofagasta complying with a nearly three-year review process.

BlackRock's Global Renewable Power Fund III (GRP III) has actually shut the purchase of a 97-MWp dispersed solar project portfolio in Chile that was established by RRG Capital Management (RRGCM) as well as local partners.

Spanish solar trackers manufacturer and project developer Soltec Power Holdings SA (BME: SOL) posted a net loss of EUR 9.6 million (USD 10.5 m) for the first quarter of 2023, compared to a loss of EUR 15.5 million in the same period a year back, the team said in the quarterly earnings record on Thursday.

Industrial and medical gases strong White Martins has actually signed a joint venture collaboration with Brazilian natural gas and power company Eneva SA (B3: ENEV3) related to the 671-MW Futura 1 Solar complex in Bahia state.

Brazil took into operation 507.8 MW of wind, solar as well as hydropower generation capacity in April, power market regulatory authority Aneel revealed on Monday.

Brookfield Infrastructure Debt I LP, a fund affiliated with Canadian financial investment manager Brookfield Corp (NYSE: BN) as well as its family of firms, is interested in wielding crucial influence over the management of the Cerro Dominador focused solar power (CSP) as well as photovoltaic complex in Chile, according to a notice to Chilean antitrust authority FNE.

Renewables company Enel Green Power Chile, part of energy group Enel Chile, has acquired approval to launch commercial operation of its 162.8-MW net Valle del Sol solar photovoltaic plant in the Chilean region of Antofagasta.

Vivo, a brand of Telefonica SA (BME: TEF), on Thursday revealed that three more distributed generation (DG) solar plants with a combined capacity of 18.4 MWp were appointed in Brazil's Parana state in April to power the firm's neighborhood procedures.

Partners have actually currently started construction of 80MW portfolio making up 9 sites southern of Santiago

Norwegian state-owned power business Statkraft AS has obtained approval for 227.5 MW of solar projects from Brazilian power sector watchdog Aneel.

Chile created 36.8% of its power in March from non-conventional eco-friendly sources, Chilean national power commission CNE said in its newest renewables report.

Brazilian power industry regulator Aneel has actually just recently okayed to 6 renewable power plants with a combined capacity of 111.9 MW to start test or commercial operations.

Chinese batteries and also electric vehicles maker BYD Company Ltd (HKG:1211) announced on Wednesday it intends to open 3 new logistic centres in Brazil to raise its storage capacity for complete solar kits to 1.5 GW from 1 GW annually.

YPF Luz, power manufacturer and part of Argentine oil-and-gas major YPF SA (BCBA: YPFD), has actually inaugurated its 100-MW Zonda solar farm in Argentina's San Juan province, the business claimed on Tuesday.