YPF Luz has launched the 305MW El Quemado solar plant in Argentina’s Mendoza province. It revealed a $220 million initiative that the provincial government claimed is currently the nation’s largest solar plant by installation capacity. The solar facility covers 620 hectares and incorporates over 511,000 bifacial photovoltaic panels from Jinko Solar, 5,800 Arctech solar trackers, […]
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Genneia, Argentina’s biggest clean energy generator, is deciding the future of its 118 MW Bragado thermoelectric complex. Bragado and the 245 MW Cruz Alta asset in Tucuman province constitute the company’s 363 MW portfolio of fossil fuel-fired power stations. As renewable penetration increases in the country, thermoelectric peaker plants face new operational realities. These include
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The Chilean Nuclear Energy Commission (CChEN) authorized a joint venture between state-owned miner Enami and Rio Tinto to extract 1.2 million metric tons of lithium metal from its project by 2060. This represents the largest lithium mining extraction permit ever granted outside of the Atacama region, according to Enami. The project is estimated at $3.2
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Recently, Argentina added the 180 MW Anchoris solar park, located in the province of Mendoza, to its national grid. The solar park is now operational after a 16-month construction period. The Anchoris solar park uses 320,000 photovoltaic (PV) modules to generate 180 MW of power. It is expected to generate 500 GWh of electricity annually.
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After years of depending on hydropower and fossil fuels, non-hydro renewables such as solar and wind could pave the way for Peru’s energy transition. The country is witnessing a significant shift towards renewable energy driven by global climate commitments, declining technology costs, and the need for energy security. Investment trends are moving beyond large-scale hydropower
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The forthcoming industrial expo in Peru presents the manufacturing and technology sectors with a chance to expand their operations. Zelestra recently inaugurated the biggest solar facility, the 300 MW San Martín project located in Arequipa. The facility contains approximately 450,000 solar panels, producing 830 GWh annually. The initiative is supported by a long-term PPA with
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Venezuela faces struggles with its aging infrastructure, underinvestment, and poor maintenance. Energy investments in Venezuela’s energy sector depend on a mix of resources, economic mismanagement, political instability, and sanctions. Recent shifts in global energy dynamics and untapped potential are drawing renewed attention to the energy investment industry. The country has one of the largest proven
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Venezuela relies on oil revenues to import fuel and diluents needed to process heavy crude. In June, the country exported some 844,000 barrels per day of crude fuel, an 8% increase from the previous month. However, the termination of U.S. licenses allows partners like Chevron and Repsol to trade Venezuelan crude. This results in significant
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Most renewable energy projects in Colombia have been stalled due to regulatory delays, grid limitations, and community disapproval. Colombia has been implementing various measures and efforts to help increase renewable energy development. Recently, a developer-friendly clause has been added to Colombia’s first-ever offshore wind lease as it opens to bidders. The National Hydrocarbons Agency and
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Colombia has made significant steps in renewable energy adoption by speeding up its transition to a cleaner, more resilient power grid. This depends on the country overcoming key challenges while leveraging its natural benefits. Colombia is rich in renewable resources such as hydropower, wind, solar, biomass, and geothermal. The country can move fast through speeding
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