latin america

Even though the solar PV market in Ecuador is currently non-existent, with only a few projects operational and mostly in the distributed generation market, it is about to take off, says José Luis García Pérez, Latin America’s CEO at Spanish developer Zelestra, formerly known as Solarpack.

Enel Colombia, the Colombian subsidiary of Italian renewable energy group Enel Green Power, has reached commercial operations of 240MW of solar PV capacity.

Renewable energy infrastructure investor Actis has launched a new independent power producer (IPP) company in Peru, seeking to develop 12GW of energy projects.

Colombian public utility Empresas Públicas de Medellín (EPM) has reached commercial operation at its 83MW solar PV plant.

Argentinian renewables developer Genneia has invested US$250 million to build two solar plants in Argentina with a combined capacity of 273MW.

Investment in solar PV is expected to surpass all other generation technologies combined with over US$500 billion, according to a report from the International Energy Agency (IEA).

Automotive manufacturer Stellantis has acquired a minority stake in Argentinian renewable energy company 360Energy Solar.

Solar developers Atlas Renewable Energy and Hydro Rein have started commercial operation of a 438MW solar PV project in Brazil.

Spanish solar developer Solarpack has closed a US$176 million senior financing package for a 300MW solar PV plant in Peru.

Spanish renewables developer Enerfín has reached commercial operations at its 128MWp solar PV plant in Colombia.