Grenergy signs Chile solar PPA: Spanish clean energy producer Grenergy has entered a new long-term daytime power purchase agreement (PPA) with an international energy company for 390 GWh of solar energy annually. It will sell this capacity from projects it is developing in central Chile. Scheduled to come into force in October 2026, the contract stipulates the delivery of 110 GWh/year over a 15-year period, and the remaining 280 GWh over 12 years.
BC modules for Peru project: LONGi has landed a deal to supply 53.2 MW of its Hi-MO 9 solar modules for the Sol de Verano 1 Solar Project in Peru. Located near Majes, this forms phase I of Yinson Renewables’ ground-mounted solar project. It will be equipped with 82,836 back contact modules from LONGi that will deliver clean energy to local communities and industries, aligned with the country’s goal to source 60% of its electricity from renewables by 2030. Construction on the site will begin in May 2025.
Solar power for Brazilian Presidential Palace: Brazilian energy distributor Neoenergia is constructing a solar PV plant at the Palácio da Alvorada (the Alvorada Palace) in Brazil. The official home of the Brazilian President will be equipped with a 1.095 MW solar PV system, with the capacity to generate 1,500 MWh/year. It will be sufficient to cover the consumption of the palace while providing annual savings of more than BRL 1 million ($177,100) to the public coffers. Neoenergia has partnered with the Federal Government through the Civil House, the Ministry of Mines and Energy (MME) and the Presidency of the Republic for this project. It is part of the Iberdrola subsidiary’s strategy to help public buildings in the country lower their environmental impacts. New partnerships are planned for 2025, including with the National Justice Council (CNJ).
DG projects funded by BNDES: The Brazilian Development Bank (BNDES) has approved and contracted financing worth BRL 156 million ($27.6 million) to support GreenYellow’s 31 MW AC solar PV capacity in Brazil, operational since H2 2024. The 16 distributed mini-generation plants that represent this combined capacity are located in 13 cities in 9 states. Out of the total amount, BRL 126 million ($22.3 million) comes from Finem and BRL 30 million ($5.31 million) from Fundo Clima. GreenYellow says these projects are significant for the growth of its solar energy business unit in Brazil.
Argentina project moves forward: Argentinian renewable energy company Genneia will invest $110 million to construct a 130 MW solar power plant in the Sarmiento region of Argentina. The San Juan Sur Solar Park will be the company’s 4th PV project in the province. Bifacial solar panels on site will generate energy to supply large users of the futures market, MATER, once it is online in H2 2026. It will help the company exceed 1.7 GW of installed renewable energy capacity by 2026. This project is part of Genneia’s 5-year investment plan (2022-2026) to achieve a total investment of nearly $900 million to build strategic projects, including solar and wind facilities in Buenos Aires, San Juan, and Mendoza.
