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Wood Mackenzie forecasts 160GW of new solar PV in South America by 2034

March 7, 2025
Solar PV growth is expected to slow down in Brazil and Chile due to ongoing issues of curtailment and transmission infrastructure.
Aerial view of a rendered version of Verano Energy's 5.85GW green ammonia project in Peru powered by solar photovoltaic.

Inkia Energy targets over 1GW of solar PV in Peru by the end of 2025 with new expansion

October 11, 2024
Inkia Energy has revealed a solar PV expansion in Peru, targeting more than 1GW of new solar PV capacity operational by the end of 2025.
A solar project from Canadian Solar in Brazil. Image: Canadian Solar via Twitter.

Recurrent Energy raises US$100 million in funding for bifacial panels at Brazil’s Ciranda project

November 23, 2023
Recurrent Energy has announced the funding for its 300MW Ciranda solar project, which consists of a US$100 million (BRL490 million) package.
Sungrow has now sold 15GW of inverters to projects in Latin America. Image: Sungrow

Sungrow reaches milestone of 15GW of inverters sold to Latin America

September 4, 2023
Sungrow has sold 15GW of inverters to companies in Latin America, following the signing of deals at Intersolar South America last month.
Liciany Ribeiro, Ribeiro Solar CEO (left); Frank Jessel, BayWa r.e. global director of the solar trade division (centre); and Daniel Marino, BayWa r.e. director of solar trade in the Americas shake hands to celebrate the companies' deal. Image: BayWa r.e. and Ribeiro Solar

BayWa r.e. acquires Brazilian solar distributor Ribeiro Solar

August 29, 2023
BayWa r.e. has acquired Brazilian solar distributor Ribeiro Solar, marking the company’s first involvement in the Brazilian solar sector.
Image: Blue Elephant Energy.

German developer Blue Elephant buys 120MW of Chilean PV

June 5, 2023
German renewables developer Blue Elephant Energy has acquired a 120MWp Chilean solar PV portfolio, expanding its presence in the country to 281MW.
brazil-transmission

Brazil to unlock solar and wind with US$9.5 billion transmission investment

March 24, 2023
Brazil will invest BRL50 billion (US$9.5 billion) in new transmission lines and infrastructure to boost solar and wind deployments.
Solarpack owns a majority stake in the 25MW Tacna project in Peru. Image: Solarpack.

Solarpack to build ‘largest’ PV project in Ecuador

March 7, 2023
Spanish solar developer Solarpack has firmed up a contract with the government of Ecuador to build a 258MWdc PV project in the coastal region of Manabí.
A Soltec project in Zaragoza, Spain.

Soltec posts record US$600 million 2022 revenues as it feels industry recovery

March 2, 2023
Solar tracker manufacturer Soltec posted net profits of €13.1 million (US$13.9 million) for the year 2022, a €14 million increase on 2021 which saw a €1.2 million loss for the company.  
Sungrow’s SG3125HV invertors at the 187MW Weesow-Willmersdorf plant. Image: Sungrow.

Sungrow to supply Voltalia with 580MW of inverters for Brazilian PV projects

December 6, 2022
Chinese PV inverter manufacturer Sungrow has supplied 580MW of integrated inverters to the Serra do Mel solar complex in Brazil.

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