Mexican solar said to have boomed to cumulative 5GW in 2019 despite rows with the government, while street protest-ridden Chile thought to have hit renewable target five years in advance.
Investment bank joins EIB as they co-sponsor 436MW portfolio in European country and also backs CVE’s 110MW distributed generation pipeline in South American state.
Chile and Colombia steer coordinated push by 10 countries to reach an average 70% green energy share by 2030, setting the scene for the rise of a 312GW renewable fleet over the next decade.
Injection of US$71m by group of financiers brings boost to project under construction in Atacama Desert, the largest ever to be undertaken by Madrid-headquartered developer.
EPC multinational marks operational launch of solar assets in Chile and India as January-September 2019 revenues nearly double year-on-year but net profit more than halves.
CaixaBank, DNB, KfW IPEXBank, Natixis, SMBC and Societe Generale pump US$580m of debt into Andes Renovables platform, meant to deploy 1.3GW of wind and solar by 2022.
Reden Investments Chile and Natixis have successfully closed senior facilities totaling US$96.4 million for an up-to-100MW portfolio of PV projects in Chile.