CNE releases electricity supply tender roadmap: The National Energy Commission (CNE) of Chile has published the Final Report on Electricity Supply Tenders through Exempt Resolution No. 581. The resolution dated October 30, 2024, details the upcoming electricity supply tender schedule for the country. It talks about the projected electricity demand for the country till 2044 expecting an annual average growth of 2.8%. At present, distribution companies have their supply needs covered until 2026. CNE plans to seek 22,500 GWh of electricity supply through tenders to be launched between 2025 and 2028.
According to this schedule, it plans to tender 2,000 GWh/year capacity in 2025, to be followed by 3 energy blocks to be tendered in 2026 with 1,300 GWh, 1,000 GWh, and 3,400 GWh capacity. In 2027, 2 more energy blocks will be tendered for 1,800 GWh and 7,000 GWh capacity. The last auction in the list to be launched in 2028 will seek to contract 6,000 GWh of electricity supply. All of this capacity is scheduled to begin electricity supply, starting from 2027 to 2034.
Grenergy contracts CATL for Chile project: Spanish independent producer of renewable energy Grenergy Renovables has contracted Contemporary Amperex Technology Co., Limited (CATL) of China to supply its battery energy storage system (BESS) for phase 4 of the Oasis de Atacama Project in Chile. The 2 GW Oasis project is planned to host 11 GWh of storage capacity, which the Spanish company touts as the world’s largest storage project (see Latin America Solar PV News Snippets: Grenergy’s Chile Storage Project Expands To 11 GWh & More). The entire $2.3 billion project is planned to produce 5.5 TWh of energy annually. CATL will supply 1.25 GWh of batteries for phase 4 of the project with more than 220 of its EnerX model containers comprising more than 7,100 modules. On completion, the project will generate 5.5 TWh of clean energy annually. Grenergy has agreed to sell the energy from the initial 4 phases, with the remaining phases currently under advanced negotiation.
$100 million for Genneia: Argentinian renewable energy company Genneia has signed a 10-year term loan worth $100 million to help build 2 solar PV projects with 270 MW combined capacity. The syndicated loan has contributions from the FMO, FinDev Canada and Proparco, the respective financial institutions of the Netherlands, Canada and France. It will deploy the proceeds to build the PV projects in the municipalities of Malargüe and Luján de Cuyo, in the province of Mendoza. Both will supply green electricity to the Renewable Energy Term Market (MATER) for companies to help them meet their sustainability goals.
16 Brazilian PV projects change hands: Portuguese utility EDP has purchased 16 distributed generation (DG) solar projects in Brazil with a combined capacity exceeding 44 MW. The €35 million deal comprises 5 operational projects. The remaining projects are expected to come online in 2025. All of these are located in the states of Bahia. Mato Grosso, Mato Grosso do Sul and Paraná regions. EDP says these plants will serve companies in the low voltage through local production of shared energy. The transaction is yet to be approved by the Administrative Council for Economic Defense (CADE). By 2026, the company aims to reach around 500 MW of installed solar capacity in the country through decentralized projects.
Mexican hotel chain signs up for RE: The international hotel chain RIU Hotels & Resorts will receive 100% emission-free electricity for 5 of its hotels under a contract signed with Iberdrola Mexico. Under the Wholesale Electricity Market (MEM) scheme, Iberdrola will provide clean electricity to the 5 hotels located in Bahía de Banderas (Nayarit), one in Mazatlán (Sinaloa) and another in Guadalajara (Jalisco). RIU will also acquire International Renewable Energy Certificates (IREC) linked to Iberdrola’s 9 wind or PV farms in the country. Previously in 2022, Iberdrola Group signed a long-term contract to supply green energy to RIU’s hotels and headquarters in Spain with an annual consumption of around 70 GWh.
Floating solar plant in Colombia: A 2.8 MW floating solar power plant is set to come up in Colombia as the country’s ‘largest’ such project. It will also be one of South America’s largest floating solar farms, according to Enexa, the energy services company. It has joined hands with Parque Central Zona Franca to build the facility. The Yurbaqua Floating Solar Plant is planned to be located on 18,000 m² of an artificial water reservoir in the industrial zone located in Turbaco, Bolívar. On completion, it is estimated to generate around 4.6 GWh/year. Both companies see the project as contributing to the country’s energy supply as its hydroelectricity supply faces challenges.
5 MW solar plant in Brazil: Chinese solar PV manufacturer DAS Solar has supplied its n-type modules for a 5 MW solar project that has now been deployed in Brazil. It supplied these modules to the Brazilian market under a collaboration with a local distributor for the DG segment, MTR Solar. The project installer TR Energia sourced these modules for the project. DAS Solar says its modules are certified by the National Institute of Metrology, Standardization, and Industrial Quality (INMETRO), making these eligible to be deployed in Brazil.