- Dominican Republic’s CNE has approved 2 new solar power projects with a combined capacity of 93 MW AC/105.7 MW DC
- Chile aims to increase share of renewable energies to its power mix to 80% by 2030
- Vinci Partners has entered a partnership with Gradiente Energias to develop a solar power complex and a wind energy project in Brazil
- Terpel said it will create a solar focused JV in Colombia with Flux Solar to diversity its energy supply business
93 MW new solar capacity cleared in Dominican Republic: The National Energy Commission (CNE) of Dominican Republic has approved 2 new solar PV projects with 93 MW AC/105.7 MW DC combined capacity. Tropigas Dominicana will bring online a 43 MW AC/50.32 MW DC Solar Marti Power Plant in Dajao section of Haras Nacionales in the municipality of Domingo Norte. The other 50 MW AC/55.4 MW DC Parque Energy Solar del Este Cabreto I PV facility will be built by Energy Solar Del Este Cabreto in San Antonio de Guerra municipality.
Chile presents its ECLP to UN Climate Change: During the recently concluded COP26 in Glasgow, Scotland, the Government of Chile presented the country’s Long-Term Climate Strategy (ECLP) to the Executive Secretary of UN Climate Change, Patricia Espinosa. According to the roadmap specified in the ECLP, Chile aims to achieve 100% zero emissions status for its energy matrix. For this, it plans to remove 65% of coal-fired power generation from the power mix by 2025, while ensuring 80% of electricity comes from renewables by 2030. Green hydrogen also finds mention in the plan with it accounting for 20% of the country’s fuel mix by 2040.
Solar & wind energy partnership for Brazil: Vinci Partners Investments Ltd. has announced a partnership with Brazilian renewable energy company Gradiente Energias Renovaveis to develop renewable energy facilities in Brazil. It comprises a solar power complex in Bahia to be completed in 2 phases, and a wind farm complex in Rio Grande do Sul. These facilities are expected to cost an investment of approximately BRL 2.5 billion ($447 million). “Through this partnership, we are establishing a new strategy within the Company’s ESG oriented investment opportunities, focused on renewables and the transition to a low carbon economy, which is an important milestone for us,” said Partner and Head of Infrastructure for Vinci Partners, José Guilherme Souza.
Terpel and Flux Solar to create new solar company: Colombian gas distributor Terpel is to form a solar focused joint venture (JV) called Flux Terpel with Flux Solar. A local media report in La Republica shared the JV is aimed by Terpel to diversify its energy supply.