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Located in the solar hotbed region of Atacama in northern Chile, the Domeyko project will have an 83MW solar PV capacity and 660MWh battery energy storage system (BESS) capacity.

Mexico aims to add 27GW of new electricity generation between 2025 and 2030 with “a large percentage of renewable energy”.

Chile has curtailed a record 5,909GWh of solar PV and wind power in 2024, up 121% from the previous year, according to trade body, the Chilean renewable energy and energy storage association (ACERA).

Located in the northern department of Atlantic, Enel started construction of two solar PV projects, the Guayepo III and Atlántico, with 200MW and 199.5MW of capacity, respectively.

Located in the northern department of Atlantic, Enel says the Guayepo I and II project is the country’s largest operational solar site.

Located in the southern region of Arequipa, the Matarani Solar Project started operations for power exports and sales in July 2024.

The company made no mention of solar PV in the role the technology would play in its renewables portfolio for the coming years.

Solar PV in Chile is facing a twofold issue: the curtailment of generation and the reduction of income due to low prices of electricity.

The loan will support the development of the Guayepo I and II solar PV projects, as well as Enel's distribution business.

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.