south america

IDB Invest and South American financial group Bancolombia will provide developer Solarpack with a COP656 billion (US$133 million) loan to support the development of two solar PV projects in Colombia.

Tech major Amazon has expanded its renewables portfolio globally with 71 new projects with a total capacity of 2.7GW.

With the inauguration of a new R&D facility in Brazil, Nextracker aims to harness the country's knowledge in the utility-scale solar market.

Uruguay has launched its green hydrogen roadmap that will see the country aim to install 20GW of renewables as well as 10GW of electrolysers by 2040.

After years of not living up to its solar potential, Brazil is on the cusp of a solar boom. A confluence of factors has led to rapid investment and deployment in the country, but a few hurdles still need to be overcome, writes Sean Rai-Roche.

Solar tracker manufacturer Soltec has signed contracts to supply 610MW of its SF7 bifacial trackers to Enel Green Power for use in two PV plants in Peru and Colombia.

Canadian Solar has completed the sale of a 635MWp solar PV plant in Brazil to renewable energy company VTRM Energia Participações.

Colombia has awarded contracts to 11 solar PV projects with a combined capacity of 796.3MW in its third renewable energy auction.

Swiss fund manager SUSI Partners is acquiring a portfolio of more than 200MW of distributed solar PV and wind assets in Chile, marking its first investment in Latin America.

Sonnedix, Opdenergy and Canadian Solar were among the five successful bidders in Chile’s latest power auction, which took place yesterday (7 September) and will see the country support 2GW of renewables and storage installations.