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NEC ES, NGK deploy storage in new territories in Brazil and Middle East

Lithium and sodium sulfur batteries will be used for the first time in new territories, after NEC ES and NGK inked deals to deliver projects to an island archipelago in Brazil and in Dubai respectively. more

Argentina signs 94 MW of RenovAr round 2 contracts

Argentina has signed contracts with seven projects, with a combined capacity of 94.42 MW, winners in round 2 of its RenovAr renewable energy auction programme. more

Brazil allocates 806 MW of solar in A-4 auction, final average price drops to $35.2/MWh

Around 20 GW of solar PV projects were initially competing in the contest. PV was again the source with the largest share, accounting for around 80% of total assigned capacity. The final average price for solar was 118 BRL (US$35.2)/MWh. more

BNDES, KfW sign USD 142m credit line for renewables

December 22 (Renewables Now) - The Brazilian and German development banks, BNDES and KfW, signed on Wednesday a USD-141.72-million (EUR 119.58m) credit line to support renewable energy projects across the Latin American country. more

EIB finances wind and solar energy development in Peru with $150 million

The European Investment Bank (EIB) will provide $150 million to renewable energy production company Enel Green Power Perú (a local subsidiary of the Enel Group) to build and operate a wind farm and photovoltaic solar power plant currently under construction in the Andean country. more