(Energy Analytics Institute, 17.Aug.2020) — The technical commission delegated by Ecuador’s Ministry of Energy and Non-Renewable Natural Resources (MENRNR) to carry out the public selection process (PPS) of the Conolophus project, authorized participation of five international companies and/or associations including Canadian Solar Conolophus, Gransolar-Total EREN, Voltalia SA, Woojin Industrial Systems […]
Tag: renewables
Chevron And Algonquin Ink Renewable Projects Deal
(Algonquin, 30.Jul.2020) — Chevron U.S.A Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation, and Algonquin Power & Utilities Corp. announced an agreement seeking to co-develop renewable power projects that will provide electricity to strategic assets across Chevron’s global portfolio. Under the four-year agreement, Chevron plans to generate more than […]
bpWE To Buy Full Ownership Of Fowler Ridge 1 Wind Asset
(bpWE, 16.Jul.2020) — bp Wind Energy (bpWE) agreed to acquire the remaining 50% interest in the bp operated, Fowler Ridge 1 wind asset from its current partner, Dominion Fowler Ridge Wind, LLC, a Dominion Energy subsidiary. Located in central Indiana, the asset includes 162 wind turbines with a generating capacity […]
Ibitu Energia Plans $830mn In Renewable Investments
(Reuters, 15.Jul.2020) — Brazil’s Ibitu Energia, owned by U.S.-based asset manager Castlelake LP, plans to invest roughly 4.5 billion reais ($839.43 million) in renewable energy assets in the coming five years, the firm’s chief executive said in a statement on Wednesday. The commitment comes after Castlelake reached an agreement with […]
Petrobras Concludes Renewable Diesel Tests
(Petrobras, 14.Jul.2020) — Petrobras informs that, on July 11th, it successfully concluded tests on an industrial scale for the production of renewable diesel. The tests were conducted at the Presidente GetĂşlio Vargas Refinery (Repar), in Araucária, Paraná, where 2 million liters of soybean oil were processed, which resulted in the […]
Duke Reaffirms CAPEX In Renewables, Grid Projects
(Duke Energy, 5.Jul.2020) — Duke Energy will continue advancing its ambitious clean energy goals without the Atlantic Coast Pipeline (ACP) by investing in renewables, battery storage, energy efficiency programs and grid projects. Duke Energy’s $56 billion capital investment plan will deliver significant customer benefits and create jobs at a time […]
Petrobras Starts Binding Phase Of Wind Farms
(Petrobras, 12.Jun.2020) — Petrobras, following up on the press release disclosed on 13 March 2020 and 4 May 2020, announces the beginning of the binding phase regarding the joint sale, with Wobben Windpower IndĂşstria e ComĂ©rcio Ltda (Wobben), of all of its shares (51% Wobben and 49% Petrobras) in the […]
Power Rate Hike To Hurt Renewable Energy Firms
(Reuters, 11.Jun.2020) — An influential Mexican business lobby on Thursday warned a hike in the price that private power producers pay to access the country’s main electricity transmission grid will deal a blow to the green industry and be passed on to the consumer. Mexico’s Energy Regulation Commission, the power […]
First Semi-submersible Floating Wind Farm Sets Sail
(Repsol, 28.May.2020) — The WindFloat Atlantic project is taking one of the final steps towards becoming fully operational. The last of the three pre-assembled wind turbine platforms making up the project has left the Port of Ferrol today, heading for its final destination 20 km off the coast of Portugal […]
Atlas And DNB Issue Solar PV Bond In Latin America
(Atlas, 3.Mar.2020) — Atlas Renewable Energy, and DNB Markets announced the issuance of a $253 million US private placement (“USPP”) in Green Bond format. The notes were rated investment grade (BBB-) by Fitch Rating (including the construction period of one of the projects) and were issued by subsidiaries of Atlas […]
Colombia’s Ecopetrol To Build 50-MWp Solar Farm
(Renewables Now, 20.Feb.2020) — Colombian oil company Ecopetrol SA will develop a 50-MWp solar photovoltaic (PV) park in the department of Meta. Located on a 46-hectare (113.6 acres) area in the municipality of Castilla La Nueva, the PV park will be owned by Ecopetrol’s hydrocarbon transport subsidiary Cenit, the latter announced […]
Banks Willing To Invest In Renewables
(Trinidad Newsday, 6.Feb.2020) — Caribbean banks are well aware of the potential for investing in renewable energy across the region. What is required, however, is a more streamlined approach to policy. The Caribbean is blessed not just with hydrocarbons but also major resources for renewable energy like solar, wind and […]
Petrobras Releases Wind Power Plant Teaser
(Petrobras, 31.Jan.2020) — Petrobras has started the opportunity disclosure stage (teaser), regarding the sales of all of its equity stakes in the companies EĂłlica Mangue Seco 1 and EĂłlica Mangue Seco 2, owners of wind power generation plants. The teasers, which contain key information about the assets, as well as […]
Atlas Says Fourth Brazilian Plant In Operation
(Atlas, 17.Dec.2019) — Atlas Renewable Energy, a leader in clean energy across Latin America, announces that its fourth project in Brazil, SertĂŁo Solar Barreiras Complex, is fully operational. The plant has an installed capacity of 117MWp (megawatts peak) and will generate an estimated 275 GWh yearly. Located in Barreiras, state […]
Cuba Working To Boost Renewable Energy
(Xinhua, 29.Nov.2019) — Cuba hopes to generate a quarter of its energy needs from renewable sources over the next decade, an industry official said on Thursday. The government’s Renewable Energy Development Program aims to raise clean energy output from today’s 4 percent to 24 percent by 2030, said Tatiana Amaran, […]
Clorox And Enel Green Power Ink Deal
(Clorox, 13.Nov.2019) — The Clorox Company and a wholly owned subsidiary of Enel Green Power North America signed a 12-year, 70 megawatt (MW) virtual power purchase agreement (VPPA) for the purchase of renewable energy beginning in 2021. Representing about half of Clorox’s 100% renewable electricity goal in its operations in […]
LAC On Brink Of Massive Solar Power Growth
(IRENA, 12.Nov.2019) — Latin America and the Caribbean could grow their installed solar capacity by a factor of 40 by 2050, a new report by the International Renewable Energy Agency (IRENA) shows. Annual investments exceeding seven billion would see the region’s solar PV capacity rise from 7 gigawatts (GW) today, […]
Uruguay’s UTE Sets Energy Export Record
(Energy Analytics Institute, Aaron Simonsky, 2.Nov.2019) — Uruguay generated a total of 60.7 gigawatt hours (GWh) of energy on 30 Oct., of which more than half (32.7 GWh, 54% of total) was exported to neighboring countries through interconnections, setting a record for the small South American country. Most importantly, all […]
BHP To Replace Coal With Renewables In Chile
(The Guardian, 22.Oct.2019) — Mining giant says contracts will cut energy prices by 20% and save 3m tonnes of carbon The mining giant BHP has signed four renewable energy contracts that will replace coal-fired power at two of its copper mines in Chile, a move it says will mean both […]
Repsol’s Brufau Says Gas The Only Transitional Energy
(Energy Analytics Institute, Ian Silverman, 10.Oct.2019) — Repsol’s President Antonio Brufau said during a visit to Bolivia that natural gas is the only transitional energy. “All the countries that are lucky enough to have natural gas resources such as those available in Bolivia have a guaranteed part of the future,” […]
LatAm Pledges 70% Renewable Energy
(Reuters, Valerie Volcovici, 25.Sep.2019) — Latin American countries have set a collective target of 70% renewable energy use by 2030, more than double what the European Union is planning, Colombia’s energy minister said, ahead of her country’s October renewables tender. Colombia presented the target at the United Nations Climate Action […]
Sungrow Supplies Argentina’s Solar Plant
(Sungrow, 16.Aug.2019) — Sungrow, the global leading inverter solution supplier for renewables, announced that a 100.1 MWp solar plant utilizing the Company’s 1500Vdc central inverter solutions came online in Cafayate, Salta Province, Argentina, demonstrating the Company’s dedicated contribution to the largest solar plant in one of LATAM’s most booming solar […]
Enel Signs With Angloamerican In Chile
(Enel, 30.Jul.2019) — Enel, through its Chilean subsidiary Enel GeneraciĂłn Chile, and global mining company AngloAmerican signed an agreement whereby Enel’s Chilean subsidiary will supply up to 3 TWh of renewable energy per year to AngloAmerican over a 10-year period, meeting the needs of the mining company’s operations in the […]
Europe’s Norway To Fund 30 MW Solar-Plus-Storage In Guyana
(Renewables Now, 10.Jun.2019) — Norway, through its ministry of climate, has approved the transfer of funds for the construction of 30 MW of solar photovoltaic (PV) farms with energy storage in Guyana. According to the Guyanese department of public information, Norway will release GYD 16 billion (USD 77m/EUR 68m) to […]
Millions To Collaborate Worldwide For World Oceans Day This June 8
(World Oceans Day, 7.Jun.2019) — The World Oceans Day Youth Advisory Council will help steer the way this week leading up to World Oceans Day on June 8. With increasing awareness of plastic pollution entering waterways around the globe, millions of people will take action for a better future by […]
Santiago: Home To The 1st Club Worldwide To Operate 100% On Renewable Energy
(Lonely Planet, Kelly Magyarics, 4.Jun.2019) — This week, La Feria in Santiago, Chile’s Barrio Bellavista became the first nightclub in the world to sustainably cover 100% of the energy it uses. In a collaboration with Budweiser dubbed BUDXLAFERIA RENOVABLE, the project included carefully retrofitting the historical structure with 35 photovoltaic […]
Trinidad Energy Chamber To Host Energy Efficiency And Renewables Conference
(Energy Chamber, 4.Jun.2019) — The Energy Chamber of Trinidad and Tobago is hosting its Energy Efficiency and Renewables Conference on 10-11 June 2019 at the Ballroom, Hilton Trinidad and Conference Center. The conference was first hosted in 2017 and was called the Clean Energy Conference. This year we took a […]
Sempra Completes $2.5Bn Divestiture Of Renewables, Non-Utility NatGas Assets
(Sempra, 22.Apr.2019) — Sempra Energy has completed the divestiture of its U.S. renewables business and non-utility natural gas storage assets, generating approximately $2.5 billion in total cash proceeds. The announcement comes with today’s completion of the sale of its remaining ownership interests in operating and development-stage wind assets to American […]
Altus Power Acquires 19 MW Operating Solar Portfolio
(Altus, 17.Apr.2019) — Altus Power America, Inc. completed the acquisition of a multistate operating portfolio of ground-mounted solar assets. The 19 megawatt (MW) DC portfolio of solar energy systems sell clean, renewable energy to offtakers ranging from regional and national utilities to various municipalities in Massachusetts, North Carolina and New […]
JPS Invests $25m In Storage Facility To Address Power Fluctuations
(Jamaica Gleaner, Steven Jackson, 14.Apr.2019) — Power utility Jamaica Public Service Company, JPS, will commission a US$25 million storage facility in phases this year as a safeguard against power outages. The 24.5 megawatt plant, the first of its kind for Jamaica, will be installed at the company’s Hunt’s Bay power […]
LatAmNRG Colombia Briefs: OTA Pipeline Attack, Orca-1 Well
(Energy Analytics Institute, Piero Stewart, 12.Apr.2019) — Heard on the street and LatAmNRG briefs related to a new attack on the OTA pipeline, the Orca-1 well expected online in 2026, and Ecopetrol’s plans to expand its renewables portfolio to 181 megawatts. Ecopetrol Reports New Attack On OTA Pipeline (Energy Analytics […]
Enel Ups Stake In Chile Unit, Supports $3.5bn Capital Hike Plan
(Renewables Now, 11.Apr.2019) — Italian renewables-focused utility Enel SpA (BIT:ENEL) on Wednesday said it has concluded the purchase of an additional 4.62% stake in its Chile-based unit and announced plans to support an upcoming capital hike at the same subsidiary. Enel has settled two previously announced share-swap transactions, buying nearly […]
Time For Texas To Share Renewable Energy Expertise With Mexico
(Caller Times, Carlos Torres-Verdin, 28.Nov.2018) — Ignore the incendiary rhetoric coming out of Washington D.C., the new political climate south of the border has never been more favorable, especially toward green energy providers. And the U.S., Mexico and ultimately Texas, have a lot to gain through greater and mutually beneficial […]
ANCAP Interested In Hydrogen For Transport, Marta Jara Says
(Energy Analytics Institute, Aaron Simonsky, 11.Nov.2018) — Uruguay is studying possibilities with hydrogen. “ANCAP is interested in the hydrogen option, because it is an ideal energy for transport, and which can be managed with an infrastructure similar to that of other liquid fuels,” reported online media LaRed21, citing ANCAP President […]
Uruguay’s Energy Matrix And Renewable Energies
“Uruguay’s energy matrix is one of the most outstanding in the world due to the variety of renewable energies” — ANCAP President Marta Jara.
Argentina Aims To Cover 20% Of Energy Demand in 2025 With Renewables
(Energy Analytics Institute, Aaron Simonsky, 8.Nov.2018) — Argentina’s shale boom taking place in the Vaca Muerta formation in Neuquen will not stop the country from pursuing goals related to renewable energies. “We set out to promote renewable energies and assume a very specific commitment,” Argentina’s Treasury reported in an official […]
YPF Seeks To Generate 20% Of Energy from Renewable Sources By 2023
(Energy Analytics Institute, Aaron Simonsky, 31.Oct.2018) — YPF announced it will continue with electric power generation projects through its affiliate YPF LUZ as part of its transformation as an energy company. “By 2023, 20% of the electric power generated by YPF will come from renewable sources,” YPF announced in an […]
Uruguay Sets Deadline To Seek Renewable Energy Fiscal Incentives
(Energy Analytics Institute, Ian Silverman, 13.Oct.2018) — Companies seeking to benefit from renewable energy tax benefits will have until October 24, 2018 to submit details related to their projects. Companies that register before the date could potentially obtain equivalent discounts of up to 70% of their investments, reported the daily […]