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Brazil

  • Brazil state launches incentives for solar energy

    February 20, 2017

    Brazil’s Goias state launched Thursday a solar power incentives programme with the goal of promoting the generation and use of solar energy. The Goias Solar programme will focus on a myriad of issues such as taxation, financing, de-bureaucratization, development of the supply chain, communication and training of professionals. Despite its name, the programme will also contemplate […]

  • Enel Green Power breaks records in Latin American capacity additions

    February 15, 2017

    Enel Green Power made significant capacity additions in 2016, including projects in Mexico, Chile, Brazil and Peru. Enel Green Power reported that it added 2,018 megawatts of renewable energy capacity last year, a 124% increase from around 900 megawatts capacity added in 2015. Quite understandably, a good majority of the new capacity was added in […]

  • Brazil: Enel receives $115m loan from Brazilian Development Bank

    January 6, 2017

    The Brazilian Development Bank (BNDES) has signed a 20 year term loan agreement worth about $115m with The Enel Group to finance industrial projects and large-scale infrastructure in Brazil. Enel Global Renewable Energies head Francesco Venturini said: “We are extremely pleased with the outcome of this transaction, which is testament to the solidity of our […]

  • Brazil cancels only wind and solar auction of the year

    December 15, 2016

    Brazil’s Ministry of Energy and Mines has cancelled the wind and solar auction scheduled for Dec 19 due to oversupply, says a spokesman from MEM. In a previous solar and wind auction in July, the MEM postponed the solar auction to December, but solar and wind have both been effectively removed, making this the first […]

  • Enel outlines strategy for Latin America growth

    December 6, 2016

    An aggressive investor in Latin American renewables, Enel has announced its updated plan for 2017-2019, and if all works out to plan, the Italian utility will be in a very good position. In its updated plan, ENEL SpA has expanded its earnings targets with an aggressive capital-expenditure program for 6.7 GW of renewable energy capacity. And that’s […]

  • Brazil investment mission to Saint Lucia and OECS

    November 15, 2016

    A large group of Brazilian investors and parliamentarians arrived in Saint Lucia on November 11th for a Mission to explore direct and joint investment opportunities in over 11 areas. The Mission, titled “Um Porto de Opportunidades” (A Port of Opportunities), is a cooperative effort between the Brazilian Embassy, Saint Lucia Government, Invest Saint Lucia (ISL) […]

  • Success for solar in electricity auctions in Latin America

    November 5, 2016

    October 20, 2016 The costs of solar power continue to drop in Latin American countries, with electricity being sold for as low as US$30 per MWh in some cases. Mexico awarded more than 3.6 GW of solar at auctions this year and in Chile, a new trend was confirmed. Renewable energy providers are winning contracts […]

  • Mexico and Brazil Look to Caribbean for New Energy Investment Opportunities

    September 14, 2016

    In November, a Brazilian investment mission will take investors and parliamentarians to the Eastern Caribbean to discuss a wide range of business opportunities. The Embassy of Mexico to the Eastern Caribbean States will hold a Forum, “Creating Synergies to Strengthen the Competitiveness of the Greater Caribbean” November 16-18 in Cancun, Mexico. Both Mexico and Brazil […]

  • Brazil Cancels A-3 Energy Auction

    September 5, 2016

    Lack of demand is the reason for Brazil’s Ministry of Mines and Energy canceling this years A-3 energy auction. The tender was supposed to contract new energy projects to start power supply on January 1, 2019. Two more auctions are scheduled for 2016 for hydropower, solar and wind power. Read the full story here.

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