Chile

Enap reaches 72% completion on its green hydrogen plant in Cabo Negro

With a $14mn investment, Enap progresses on the construction of its first green hydrogen plant, expected to be operational in early 2026 in the Magallanes region of southern 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.
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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.

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.
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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.

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.
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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.

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.
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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.

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.
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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.

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.
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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.

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.

Repsol and Ibereólica inaugurate a new wind farm in Chile

Repsol Ibereólica Renovables Chile announces the commissioning of the Atacama wind farm, with an installed capacity of 165.3 MW, which will generate more than 450 GWh of clean energy and 340,000 additional tons of CO2 emissions reduced annually. The project is part of Repsol's ambitious decarbonization goals to achieve a net zero emissions energy system by 2050.

Enel announces an ambitious plan to sell assets

On Tuesday, Enel, Italy's largest utility, announced an ambitious asset sale plan aimed at reducing its net debt by the end of this year. The company will then focus on six main markets in Europe and the Americas.

Enel announces a 63.9% jump in revenues in 2022

Enel released outstanding preliminary results for 2022 on Thursday, with a 63.9% jump in revenue. Revenues amounted to 140.5 billion euros, well above analysts' expectations. Gross operating income also increased by 9.3% to 18.8 billion euros, demonstrating the group's resilience in an unfavorable environment.
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Chile: KBR selected for an innovative green ammonia project

KBR's green ammonia technology, K-GreeN®, has been chosen by Enaex, S.A. for its innovative HyEx green ammonia project in Chile. The project aims to demonstrate the operational stability of green ammonia production using renewable energy from photovoltaic plants.

San Pedro officially acquired by Engie Chile

San Pedro, an onshore wind farm in Chile officially joins Engie Chile's renewable energy portfolio.

Coya, Engie equips solar power plant with a BESS

Coya, a solar power plant in Chile, will host a battery energy storage system developed by Engie.
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Colbún expands its portfolio in Chile

Colbún and Codelco amend a power purchase agreement, aiming to promote the supply of renewable energy.

Lithium mining in South America, between Hopes and Disillusionment

On the borders of Chile, Argentina and Bolivia, the extraction of the precious metal crystallizes hopes and disillusions.

Sonnedix acquires ARCO in Chile

Sonnedix, completes the acquisition of ARCO, one of the largest independent renewable energy producers in Chile.
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Opdenergy Sale Agreement with Bruc Energy

Opdenergy and Bruc Energy sign an agreement for the transfer of two photovoltaic plants located in Spain.

Innergex focuses on France

Innergex completes its remaining 30.45% minority acquisition in its 16-asset wind power portfolio in France

ENGIE Chile acquires the San Pedro wind farm

ENGIE Chile announces the conclusion of an agreement for the purchase of the San Pedro wind farm, located in the province of Chiloé.
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Argentina faces lack of investment

In Argentina, activity levels are at their highest in the main oil and gas producing region.

E-fuels are growing in Europe

The German companies HIF Global, Lother Gruppe and eFuel GmbH are joining forces to make e-fuels more accessible in Europe.

Canadian Solar Participates in the Zaldivar Project

Canadian Solar will develop 253 MWp of solar power and 1,000 MWh of storage in Chile. She will participate in the Zaldivar project.
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Tanker freight rates on the rise

America's clean tanker freight exceeds 2020 floating storage boom rates on April 5.