Chile: desalination project powered by 100 MW of solar gets initial financing
A solar powered water desalination project in Chile has received an initial investment of $500 million. Trends Industrial and Almar Water Solutions will carry out the ENAPAC (Energías y Aguas del Pacífico) project, which will be the largest desalination plant by reverse osmosis (SWRO) in Latin America, and the first large-scale desalinator powered with PV.
Greenbriar Capital secures financing for 100 MW of solar in Puerto Rico
The project is part of a 280 MW pipeline the Caribbean island is hoping to build in its effort to restore a safe and stable power supply to the population.
Soltec to launch world’s first bifacial tracking evaluation center
Spanish manufacturer of horizontal single-axis solar trackers Soltec, together with Black & Veatch and the Renewable Energy Test Center, have created a new evaluation center in Livermore, California. The inauguration will take place on July 9
Blockchain project Solar DAO will action its first PV plants, in Kazakhstan
The world’s first digital, autonomous, closed-end, utility-scale PV project investment fund – enabling people with any budget to become co-owners of projects – has announced the implementation of its first arrays, in Kazakhstan, with 4 MW in the north-west of the country and 4 MW in the south. Solar DAO says it will save about $50,000 per MW since total development costs will be less than $5,000 per MW.
$758 million financing for the first PV-CSP plant in Latin America
Chilean company Cerro Dominador have announced the signing of a $758 million deal to finance the first combined concentrated solar power-PV project in Latin America – a 210 MW scheme in the Atacama desert
The unstoppable tide of solar illustrated by the rise of floating projects
Price deflation and technological innovation are helping solar transform the global electricity sector. A new report by IEEFA highlights the latest solar milestones around the world and charts important trends including the rise of floating solar and the corporate PPAs helping the tech giants ‘green’ their energy-hungry data centres.
Brazil now has 250 MW of solar under net metering
According to data from Brazilian association ABSOLAR, Brazil currently has 27,803 solar PV systems connected to the grid, which benefit 32,924 consumer units and total more than BRL 1.9 billion (around $515 million) in accumulated investments since 2012.
Enel to expand its Mexican mega-projects by 96 MW
Enel Green Power Mexico has reached an agreement with the Federal Electricity Commission for a 10% expansion of its Villanueva and Don José solar plants, along with another wind power facility. Overall, around $97 million will be invested in the expansion.
Bolivia hires ACI Systems for its first lithium factory
The German company was chosen among eight bidders through an expression of interest process. It will be responsible for the construction, assembly and commissioning of a lithium manufacturing facility. The Bolivian government expects an annual income of US$1 billion.
Jinko secures financing for 100 MW project in Mexico
Milbank, Tweed, Hadley & McCloy LLP has advised lenders in relation to two independent renewable energy projects in Mexico and the Dominican Republic, respectively. These projects are in addition to the recent renewable energy loans that were closed in Argentina, Chile and El Salvador.
