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 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 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 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.
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.
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 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.
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.
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.
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.
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.
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 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.
Vortex Metals has confirmed copper, silver and gold grades at the Illapel project in Chile, while identifying six new conductive targets with high IOCG mineralisation potential.
Grenergy plans to invest €3.5bn ($3.79bn) to expand hybrid platforms and standalone batteries in Europe and Chile, targeting 18.8 GWh of storage capacity by the end of 2027.
Codelco partners with Rio Tinto to develop the Maricunga salar, the world’s second-highest lithium concentration deposit, reinforcing state control over Chile’s strategic sector.
The Aurora project, under construction in Tarapacá, will include 1 GWh of batteries and a 220 MW solar plant, making it one of the largest hybrid systems in Latin America.
Turbo Energy and Chilean utility Saesa have launched their first joint smart battery installation, marking the Spanish provider’s entry into the South American market.
