Chile

EMBER: Chile could save $15mn annually by reducing renewable energy losses

A report reveals the economic impact of renewable energy losses in Chile, indicating that a 1% drop in curtailments could generate $15mn in annual savings.

Grenergy doubles its investments and strengthens its position in energy storage

Grenergy reported €86mn in EBITDA in the first half of 2025 and raised its investments to €421mn, supported by increased energy sales and major storage operations.

Horizonte wind farm begins operations and becomes Chile’s largest

With 816 MW of capacity and 140 turbines, Colbún’s Horizonte wind farm launched its commercial phase in early September after a gradual deployment over several months.
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Colbún buys back 53% of its 2027 notes for $266mn

Chilean power producer Colbún has completed its cash tender offer for 3.950% notes due 2027, repurchasing more than half of the outstanding amount for a total of $266mn.

Latin America’s energy storage to reach 23 GW by 2034

Led by Chile and dominated by utility-scale projects, Latin America's energy storage market is projected to grow at an average annual rate of 8 % through 2034.

Anglo American and Teck merge to form copper giant in zero-premium deal

The announced merger between Anglo American and Teck forms Anglo Teck, a new copper-focused leader structured for growth, with a no-premium share structure and a $4.5bn special dividend.
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Grenergy secures $270mn in financing for Phase 6 of Oasis de Atacama

Grenergy has secured $270mn in non-recourse financing to install 3.5 GWh of batteries in Phase 6 of the Oasis de Atacama project, marking a major step in expanding its energy storage capacity in Chile.

Grenergy sells 10% of Chilean megaproject to CVC DIF for $475mn

Grenergy has finalised the sale of the fourth phase of its hybrid solar-storage project in Chile to CVC DIF, valued at up to $475mn, while retaining operation and maintenance for five years.

CATL deploys TENER Stack system in Brazil to accelerate regional expansion

CATL unveiled in São Paulo its new 9MWh TENER Stack system, designed for the South American market, responding to rising demand for energy storage driven by the growth of renewable energy.
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CATL Suspends Lithium Mine in China : Prices Surge 8%

The suspension of Jianxiawo mine after its mining permit expired removes 65,000 tonnes of annual production from the saturated global market.

Aramco maintains resilience with $24.5 billion profits in second quarter 2025

The Saudi oil giant posts solid results despite falling oil prices. The company pays $21.3 billion in dividends and advances its strategic projects.

Chile accelerates battery storage with 5 GW planned by 2030

The addition of 5 GW of battery capacity and commissioning of the Kimal-Lo Aguirre line are expected to significantly reduce congestion and stabilise Chile’s power grid by 2032.
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Trade tensions: Brazil’s strategic minerals at the centre of negotiations with the United States

The Brazilian mining sector is drawing US attention as diplomatic discussions and tariff measures threaten to disrupt the balance of strategic minerals trade.

Arctech Brazil obtains FINAME certification and accelerates its regional expansion

Arctech Brazil has received FINAME certification from the National Bank for Economic and Social Development, making financing more accessible for its solar trackers and consolidating its role in the Latin American solar market.

Latin America’s six largest economies accelerate transition to renewables

Brazil, Mexico, Argentina, Colombia, Chile, and Peru significantly increase renewable electricity production, reaching nearly 70% of the regional electricity mix, according to a recent Wood Mackenzie study on Latin America's energy sector.
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Argentina forecasts 180 Mmcd to become regional supplier and major LNG exporter

According to a Wood Mackenzie report, Argentina could achieve daily gas production of 180 million cubic metres per day by 2040, aiming to become a key regional supplier and a significant exporter of liquefied natural gas.

Argentina restricts industrial gas amid historic cold snap

Facing the lowest temperatures recorded in 30 years, the Argentine government announces reductions in natural gas supply to industries to meet the exceptional rise in residential energy demand across the country.

Cox secures $64mn contract to interconnect Paraguay’s electricity grid

Spanish company Cox has signed a $64mn contract for the design and construction of 500 kilometres of high-voltage transmission lines in Paraguay's Chaco region, in collaboration with local firm L.T. S.A.
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Geothermal investment jumps 85% driven by new technologies

North America registers record funding of $1.7 billion in the first quarter of 2025, driven by emerging innovative techniques exploiting previously inaccessible geothermal resources, according to recent analysis by Wood Mackenzie.

Zelestra secures $282mn financing for hybrid solar and storage project in Chile

Zelestra has secured $282mn financing from Natixis CIB, BNP Paribas and BCI for its Aurora project, combining a 220 MWdc solar plant and 1 GWh storage capacity in the Tarapacá region, Chile.

Bolivia: Former President Sanchez de Lozada Sentenced to Six Years in Prison

Former Bolivian President Gonzalo Sanchez de Lozada, found guilty of economic misconduct, has been sentenced to six years in prison for signing oil contracts without parliamentary approval. This ruling marks a historic legal milestone in Bolivia.

Ecopetrol: A Record Budget of 28 Trillion Pesos for 2025

The Colombian group Ecopetrol announces a historic investment for 2025, aiming to strengthen oil production, accelerate the energy transition, and improve infrastructure while pursuing its sustainability goals.

Statkraft inaugurates its first wind farms in Chile to address sustainable energy challenges

Statkraft marks a milestone by inaugurating three wind farms in the O'Higgins Region of Chile. This project, with a capacity exceeding 100 MW, symbolizes the renewable energy giant's growing commitment to South America.
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France and Chile: An Ambitious Call to Protect the Oceans

Emmanuel Macron and Gabriel Boric launch the “Call of Valparaíso,” a joint initiative to protect marine ecosystems, combat plastic pollution, and promote an international agreement on marine biodiversity.

The Export Ambitions of Vaca Muerta: Challenges and Realities in Argentina’s Energy Diplomacy

Vaca Muerta, one of the world’s largest shale gas reserves, places Argentina at a major strategic crossroads. Yet, with limited infrastructure, economic challenges, and energy diplomacy complexities, its export ambitions face significant hurdles.

Germany Paves the Way for European and Sustainable Lithium

In Germany, Vulcan Energy inaugurates a unique refining plant using geothermal energy to produce low-carbon lithium, a key step towards European independence in critical metals and energy storage.
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The Northern Natural Gas Pipeline: A Strategic Lever for Argentina’s Energy Independence

The new Northern Natural Gas Pipeline connects shale gas resources from Neuquén to northern Argentina, aiming to reduce imports and open up export opportunities.

Argentina: YPF Completes Pipeline to Boost Oil Exports to Chile

YPF Completes Pipeline to Boost Oil Exports to Chile

Ecopetrol optimizes its debt management with an early repayment of USD 500 million

Ecopetrol S.A. makes an early repayment of USD 500 million on an international loan, strengthening its financial position and reducing long-term interest expenses.
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Copenhagen Infrastructure Partners launches 1,100 MWh energy storage project in Chile

Copenhagen Infrastructure Partners has made a final investment decision for a 1,100 MWh energy storage system in Chile, marking a major advancement in the country’s renewable energy sector.

Zelestra inaugurates a $200 million solar park to support Colombia’s energy transition.

The Spanish company Zelestra opens a 144 MW solar park in Colombia, marking a significant milestone in its Latin American strategy and contributing to the country's decarbonation objectives.

Stellantis launches Chinese electric city car in Europe

Stellantis introduces the Leapmotor T03, a Chinese electric model assembled in Poland, targeting the entry-level market in Europe with a competitive price and 265 kilometers of range.
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Grenergy doubles Oasis de Atacama’s capacity with 1 GW of solar energy

Grenergy strengthens its Oasis de Atacama project by acquiring 1 GW of solar energy from Repsol and Ibereólica, thereby increasing its energy storage and production capacities.

Chile: Statkraft discusses Los Lagos project with indigenous communities

The Los Lagos hydroelectric project in Chile is the subject of discussions between Statkraft and local indigenous groups, amid concerns about the project's social and environmental impact.

Argentina increases gas exports to Brazil and Chile

Argentina is expanding its natural gas exports from Vaca Muerta to Brazil and Chile, bolstered by new transport infrastructure and increased production.
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Limited increase in US LNG exports to Latin America in August

Exports of liquefied natural gas (LNG) from the United States to Latin America and the Caribbean rose slightly by 7% in August, with flows varying from country to country.

Chile’s electricity subsidy project worries ENR players

Chile's plan to triple its electricity subsidy could curb investment in renewable energies and disrupt the market for renewable energy certificates (I-RECs).

Cepsa sells its liquefied gas division to Empresas Copec for 275 million euros

Cepsa announces the sale of its liquefied gas division in Spain and Portugal to Empresas Copec for 275 million euros, continuing its strategy of refocusing on low-carbon energies.
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SUSI strengthens its strategy in Chile with 22 new BESSs

SUSI Partners, through its SUSI Energy Transition Fund, is making a major investment in battery energy storage in Chile, with a portfolio of 22 projects targeting a total capacity of 860 MW.

Argentine lithium: mining growth under environmental strain

Lithium mining in Argentina, a key driver of the global energy transition, generates economic opportunities while posing serious environmental and social challenges for local communities.