Enel Colombia is building a 7.85 MW solar park for Frontera Energy in Colombia; Colbún developing the ‘largest’ PV park for self-generation in Chile; $77.5 million EIB and AllianzGI funding for Brazil.
7.85 MW solar plant in Colombia: Enel Colombia’s Enel X is supporting the construction of a 7.85 MW solar plant in Colombia’s Puerto Gaitán Meta. The project is Canadian oil and gas company Frontera Energy’s maiden solar park and is located in the CPE-6 field. The Ikotia Solar Park will generate around 11.38 GWh/year on completion. Frontera is investing in the $7.5 million project that will be connected to the medium voltage grid to power its field operations. To be equipped with more than 16,800 solar panels, the plant will help Frontera reduce its electricity costs and emissions, and also build its resilience to interruptions in the electrical grid.
Colbún’s bifacial solar plant in Chile: Chilean utility Colbún has started construction of what it calls is the largest PV project for self-generation in Chile. The 9.9 MW project will power the cement plant of Polpaico Soluciones in Cerro Blanco region to operate with 100% renewable energy. A total of 15,000 bifacial solar panels to be installed on site in the commune of Tiltil are expected to generate 21.5 GWh/year. Colbún has put in charge its subsidiary Colbún Soluciones by Efizity that’s dedicated to implementing energy solutions for companies.
$77.5 million funding for climate action in Brazil: The European Investment Bank (EIB) and Allianz Global Investors (AllianzGI) have pooled in $77.5 million funding for the Vinci Climate Change Fund to invest for climate action in Brazil. The latter will target medium to large infrastructure projects and platforms in Brazil to finance their development and construction. On its radar will be utility-scale renewable energy projects as well as distributed solar energy generation platforms for commercial and industrial (C&I) users.