Mexico unveils 25-year PPA model to unlock 7.5 GW of renewable investment
The state-owned utility and the Energy Ministry have unveiled a 25-year investment model to deploy large-scale solar PV, wind and concentrated solar power across seven regions. Two projects are already under development, while private developers can submit applications until 20 February.
BESS systems: The missing link in Guatemala’s new power grid plan?
The government has unveiled its Electricity Transmission System Expansion Plan 2026–2050, which for the first time includes battery energy storage systems (BESS) as a grid-stabilisation solution. While the renewables sector welcomes the move, it warns that without retail market liberalisation and citizen participation, the energy transition will remain incomplete.
Atlas Renewable Energy signs new PPA to advance 1 GW solar plan in Colombia
The El Campano solar project will deliver reliable, competitive renewable electricity to Colombia’s national grid and marks Atlas Renewable Energy’s second utility-scale solar development in the country, following the successful Shangri-La project.
Carbon rules are reshaping global trade: what CBAM means for Mercosur
Florencia Zanikian, an international trade and business consultant, has prepared an analysis on how the entry into force of the European Union’s Carbon Border Adjustment Mechanism (CBAM) is redefining the rules of international trade and creating new challenges for Mercosur, in a context shaped by the recent bi-regional agreement and the growing requirement to incorporate carbon footprint as a key competitiveness variable.
Guatemala sets out 2040 clean energy roadmap with 1 GW renewables push
At SER 2026, the country presented a long-term plan to expand clean generation, modernise its power grid and attract investment, while Central America launched its first regional renewables alliance.
Peru’s 13 GW solar pipeline: Who are the developers behind the country’s PV boom?
According to official data from Osinergmin, Peru has 13,116.1 MW of solar photovoltaic (PV) capacity with approved Pre-Operability Studies (EPO). However, only 17% of that capacity has secured a final generation concession. Energía Estratégica has identified the main companies behind the development of this solar portfolio, detailing the developers behind each project.
Zero prices are creating a storage opportunity in Spain’s power market
Negative prices, a deeper duck curve and widening hourly spreads are creating a concrete investment window for energy storage in Spain, according to the country’s power market operator.
Canadian Solar targets South America growth through BESS in its 2026 strategy
The company is accelerating its regional expansion with a strong focus on BESS solutions, technology integration and a local footprint across four countries. It is also rolling out new solar modules of up to 725 Wp and smart solutions for complex geographies.
Ecuador invests USD 278 million to strengthen its national power transmission grid
The investment targets new high-voltage transmission systems, substation expansions and maintenance works to improve reliability, capacity and grid resilience across the country.
Market signal: Honduras’ new government revives 1.5 GW tender, eyes greater private participation
The incoming administration of Nasry Asfura reframes the 1.5 GW procurement—mostly renewables with storage—and signals a shift towards a more open power market. Regulator Leonardo Deras says the legal framework is ready, but warns about the fragile finances of the state utility ENEE.
One month to Costa Rica’s presidential election: who are the leading candidates and what do they propose for renewables?
With the vote set for 1 February, Costa Rica faces a strategic choice on its energy transition. Three front-running candidates are putting forward sharply different visions: state-led reform, market liberalisation focused on electricity tariffs, and a middle path built on partnerships and advanced technologies.
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After years of delays, Puerto Rico nears a long-awaited energy transition milestone
After more than a decade of setbacks, large-scale solar and energy storage projects set to come online in 2026 could finally push Puerto Rico beyond 20% renewable generation. Meanwhile, over 10% of electricity customers already produce their own power, largely backed by batteries.
Spain updates grid map for generation tenders: 386 nodes reserved, 165 GW locked
The Spanish power system has earmarked 386 grid connection nodes for competitive access tenders and Just Transition zones, blocking more than 165 GW for new generation and energy storage projects. Catalonia, Andalusia and Castile and León lead in reserved capacity, while 1.7 GW has been allocated to self-consumption.
Buenos Aires opens door to community distributed renewables to boost investment
Argentina’s largest province has approved its first regulatory framework for collective renewable energy projects, allowing multiple users to share self-consumption and monetise surplus power injected into the grid.
They trust Strategic Energy Corp
Barbados launches first competitive BESS auction, reshaping the Caribbean power market
The competitive process will award 60 MW / 240 MWh of battery energy storage systems. It marks the first time Barbados has used price-based competition in its power sector, creating a potential blueprint for other Caribbean markets.
Colombia launches 2026 royalties call to fund distributed generation and renewables
Colombia’s Ministry of Mines and Energy has launched a nationwide call to channel royalties into electrification, energy efficiency and renewable energy projects, with a cap of COP 5 billion per project.
Global clash in Davos: Trump targets China and puts wind power at the heart of a geopolitical battle
At the 2026 Davos Forum, the U.S. president slammed countries buying Chinese wind turbines, while Beijing defended its global renewable leadership. As Europe doubles down on clean energy, a U.S. court decision revives the landmark Empire Wind offshore project.
Paraguay to launch its first 140 MW utility-scale solar tender in early 2026
The country is finalising the regulatory framework for its first large-scale solar auction, aimed at meeting fast-growing power demand and opening a new renewable energy market for private investors.
Panama generates 75% of its power from renewables: Who are the companies behind it?
Hydropower remains the backbone of Panama’s electricity system, while private developers dominate installed capacity. With renewable auctions planned from 2026 and power purchase agreements (PPAs) of up to 20 years, the country is reinforcing a long-term, investor-friendly strategy.
Pemex unveils 2026 renewable roadmap focused on offshore wind and green hydrogen
The Mexican state-owned oil company has presented a forward-looking strategy centred on clean energy sources, including offshore wind, geothermal power and green hydrogen, signalling a strategic shift in its long-term business model and Mexico’s energy transition.
Solar boats from the Amazon: Kara Solar aims to deploy 10,000 units by 2030
Based in the Achuar territory of Ecuador, this electric river transport model combines Indigenous technicians, community solar charging stations and jungle-adapted motors. The goal is to replace fossil fuels and offer a sustainable alternative to road expansion in strategic areas of the Amazon basin.
Countdown to FES Iberia: Spain’s renewable sector meets in Madrid in just one week
More than 40 confirmed speakers – including leading CEOs and senior regional government officials – will headline the event that opens the 2026 Future Energy Summit calendar, amid regulatory acceleration, new projects in the pipeline and growing opportunities for energy storage across the Iberian Peninsula.
RWE secures environmental approval for USD 320m hybrid solar project in Chile
The Pita Solar photovoltaic park will deliver 192.4 MW of solar PV paired with five-hour battery storage in Tarapacá, marking the company’s second hybrid project approved in under a year.
Vera Energy calls to delay Colombia power auction as investment risks mount
Marco Vera warns that regulatory uncertainty is deterring new generation and calls for rescheduling the tender to preserve investor confidence and enable technology complementarity.
Colombia plans new renewable energy auction as industry expectations rise
The national government is preparing to launch a clean energy tender in the coming weeks, to run in parallel with the reliability charge auction. Developers remain cautious due to the lack of clarity on capacity volumes and auction rules.
Guatemala faces power market stress as grid constraints drive spot prices to USD 107/MWh
The Guatemalan electricity market opened the year with extreme volatility, swinging from USD 8 to USD 107/MWh in just four days, even as renewable energy was curtailed due to grid constraints. Industry leaders warn that inaction could prove costly.
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Consulting in energy and electric mobility
DNV predicts that Spanish data centers will consume nearly 26 TWh per hour by 2050
Data centers and AI currently consume 13% of the electricity used by commercial equipment, and this figure is expected to reach 44% by 2050. Collaboration with electricity companies, adoption of renewable energy sources, and a push for energy efficiency are key factors in mitigating the environmental impact of this growth. For DNV, it is crucial that all sector players work together to ensure a sustainable and efficient energy future.
The Galician law mandating the repowering of wind farms at 25 years and the signing of local PPAs has been published
On January 6, 2025, the Official State Gazette published Law 2/2024 of Galicia, which establishes new regulations for renewable energy projects, including the mandatory repowering of wind farms and the requirement to sign PPAs with local companies, a move that has sparked controversy within the sector.
Serrano
president
AELEC
Serrano from AELEC: “The development of electricity grids requires greater fiscal certainty and regulatory agility”
The Spanish electricity sector faces challenges in financing the necessary grids for the energy transition, according to AELEC’s president. The lack of clear definitions in fiscal policy for 2024 and a model that hinders quick decision-making by electricity companies threaten Spain’s competitiveness.
DNV predicts that Spanish data centers will consume nearly 26 TWh per hour by 2050
Data centers and AI currently consume 13% of the electricity used by commercial equipment, and this figure is expected to reach 44% by 2050. Collaboration with electricity companies, adoption of renewable energy sources, and a push for energy efficiency are key factors in mitigating the environmental impact of this growth. For DNV, it is crucial that all sector players work together to ensure a sustainable and efficient energy future.
The Galician law mandating the repowering of wind farms at 25 years and the signing of local PPAs has been published
On January 6, 2025, the Official State Gazette published Law 2/2024 of Galicia, which establishes new regulations for renewable energy projects, including the mandatory repowering of wind farms and the requirement to sign PPAs with local companies, a move that has sparked controversy within the sector.
Serrano
president
AELEC
Serrano from AELEC: “The development of electricity grids requires greater fiscal certainty and regulatory agility”
The Spanish electricity sector faces challenges in financing the necessary grids for the energy transition, according to AELEC’s president. The lack of clear definitions in fiscal policy for 2024 and a model that hinders quick decision-making by electricity companies threaten Spain’s competitiveness.
Flagship companies in the sector will discuss the future of renewables at FES Argentina
Manufacturers, generators, project developers, EPC contractors, financiers, consultants, and other stakeholders in the value chain will participate in the event, which will take place on February 26-27 in Buenos Aires and gather more than 500 leaders from the region.
Flagship companies in the sector will discuss the future of renewables at FES Argentina
Manufacturers, generators, project developers, EPC contractors, financiers, consultants, and other stakeholders in the value chain will participate in the event, which will take place on February 26-27 in Buenos Aires and gather more than 500 leaders from the region.
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23 April
23 April
Storage: Opportunities in Latin America
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12 Jun
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Technological Innovation in Photovoltaics
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30 July
30 July
Energy Revolution in the Andean Region
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24 September
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CEOs in Renewables: Leadership Webinar
In Washington, Petro seeks foreign investment as Colombia lags on renewable rollout
During an official visit to the United States, Colombia’s president urged international investors to back agriculture, industry and clean energy, even as more than 4 GW of awarded renewable capacity remains stalled at home.
CEOs from Iberdrola, EDP, Saeta Yield and Zelestra to debate the future of renewables at FES Iberia
Leading renewable energy executives in the Iberian Peninsula will take part in the most strategic panels of the event, addressing investment in energy storage, asset digitalisation and new contractual structures. Representatives from Spain’s energy authorities will also attend.
Over 10 GW in the pipeline reshape Peru’s wind power landscape
With 49 wind projects under technical review, Peru is planning 10.75 GW of new capacity. Developers such as Kallpa, Engie, Orygen and Fenix Power are leading investments across Ica, Lambayeque and Piura, while the regulatory rollout of Law 32249 will be decisive for turning plans into projects.
UK awards 8.4 GW in Europe’s largest offshore wind auction ever
The UK’s latest offshore wind auction awarded 8.4 GW, making it the biggest offshore wind auction in Europe to date. Strong competition led to competitive average prices of £91.20/MWh in England and Wales and £89.49/MWh in Scotland. These results reinforce offshore wind’s role as the most competitive large-scale clean electricity generation technology.
Central America pushes BESS in power tenders, but bankability remains elusive
More than 4 GW are at stake in new competitive procurement processes across the region, many of which already require battery energy storage systems (BESS). However, traditional power purchase agreements (PPAs) continue to fall short of recognising the full value of storage, undermining bankability and increasing pressure on regulatory frameworks.
Buenos Aires opens community renewable energy market with new rules
The province launches a regulatory framework that allows multiple users to jointly generate renewable energy, offering tax incentives, surplus monetisation and clear operating rules to scale medium-sized projects.
Panama’s power tender redesign boosts investor confidence, says WEC
The president of the World Energy Council Panama chapter stressed that well-planned auction schemes encourage new entrants into the energy sector and help deliver more competitive power prices.
UK awards 8.4 GW in Europe’s largest offshore wind auction
The United Kingdom has allocated 8.4 GW of offshore wind capacity in its latest auction round, setting a new European record. Intense competition drove strike prices down to £91.20/MWh in England and Wales and £89.49/MWh in Scotland, reinforcing offshore wind’s role as a cornerstone of the UK’s energy transition.



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