This year’s annual IDB assembly focused on the role of the private sector in addressing the need for clean energy and the threat of climate change. Fabrizio Opertti, the IDB’s head of Trade and Investment said that the goal of the meeting is to create a “mechanism for hemispheric dialogue” between the private and public sectors. […]
In Mexico’s first Clean Energy Auction, 11 solar projects were awarded contracts. Together, these projects will produce 4 million megawatt hours per year. Project developers include: The winning projects are from seven developers: Enel Green Power with 992 megawatts and 2.25 million Clean Energy Certificates (CELs) SunPower with 509 megawatts and 989,265 CELs (includes projects by local […]
SunPower secured a PPA for a 500 MW solar project in Mexico in the recent renewable energy auction. This includes a 400 MW installation in Yucatan and a 100MW installation in Guanajuato. These projects account for 25% of solar energy awarded in the auction, according to Mexico’s National Center for Energy Control (CENACE). SunPower president and […]
A 33.4 MW solar plant was inaugurated in the Dominican Republic this week. Designed and developed by the Phanes Group, the plant is the largest in the Caribbean to date. By 2016, the plant’s capacity will be increased to 67 MW. “This project is a demonstration of how multiple stakeholders can work together to co-develop […]
James Paul, CEO of the Barbados Agricultural Society (BAS), says that access to affordable solar will cut operating costs for farms, which in turn will cut the cost of food for consumers. According to Paul, the agricultural sector in Barbados has not seen any programs to engage farms in the renewable energy discussion. “We have […]
It seems that if you want to play in Peru you have to be big; that – or you have to act big. Recent winning bids in Peru’s renewable energy auction came in at record breaking prices of $47.98/MWh and $36.84/MWh for solar and wind energy, respectively. Two winning developers – Enel Green Power and […]
Alongside a growing portfolio of conferences, New Energy Events has moved recently to provide news and intelligence on the LAC renewable markets to its constituency of over 8,000 market participants. As part of that mandate, we are excited to announce the launch of a bimonthly newsletter which will feature curated coverage of developments across the […]
Peru’s Ministry of Energy announced that wind and solar energy output increased by 17.4% in February 2016. Hydropower plants and geothermal plants also saw an increase in energy output.
Winners of Mexico’s first long-term electricity auction were announced this week. Companies awarded contracts will ultimately provide 5,385.72 GW of energy, nearly 90% of the country’s future energy supply. Businesses include Recurrent Energy Mexico Development, Parque Eólico Reynosa III, Sunpower Systems México, Energía Renovable del Istmo II, Enel Green Power, Gestamp Wind México II and Alten […]