CAMRIS Market News - Page 4 of 7

OTEPI, along with partner UGE, continue success in Panama with large-scale commercial project to cut energy use
September 4, 2015
A leading storage company in Panama, Mega Storage, will offset 30% of their energy use after signing a deal with OTEPI to install solar on all of their facilities. Commercial and industrial projects, such as this one, provide private companies with more predictable expenses, reduces their risk to volatile energy prices, and increases their overall […]
Latin & Central America Divided Between Oil and Green Energy
August 31, 2015
The competition grows fierce between oil and green energy in Latin & Central America. With billions of dollars in fuel subsidies and tremendous renewable energy systems both installed and in the pipeline, Latin America is a continent divided. In a region where energy demands are expected to double within the next fifteen years, each country […]
Water, Climate, Energy Intertwined with Fight Against Poverty in Central America
August 31, 2015
Water, climate, energy policies are key to fighting poverty in Central America. According to Victor Campus of the Humboldt Center, an environmental think-tank in Nicaragua, Central American poverty cannot be solved without universal access to a sustainable power supply, water and climate change adaptation techniques. Developing tools in these domains is critical to the success […]
Costa Rica’s Carbon Neutral Path
August 24, 2015
Will Costa Rica be the world’s first carbon neutral country? In 2012, Costa Rica declared its intention to reach carbon neutrality. This year, the country has generated 94% of its energy from renewables. Between May to August, the country operated exclusively off of renewable energy for 94 days, beating its own record from earlier this […]
CNE announces second El Salvador renewable auction for 150 MW
August 21, 2015
Renewable auction announced for El Salvador. Following on the heels of the 2014 100 MW tender, the National Energy Council (CNE) announced that it will soon hold another renewable auction in El Salvador for 150 MW of “non-traditional” renewable power contracts for projects to come online in 2018. According to Adam James’ of Greentech Media, one of […]
Costa Rica Hits 94 Days of 100% Renewable Energy Generation
August 17, 2015
During the 94-day period between May 8th and August 9th, Costa Rica generated 100% of its electricity from renewable energy. Earlier this year, Costa Rica generated 100% of its electricity from renewables for a period of 75 days. Costa Rica has had 188 days in which 100% electricity was generated from renewables. According to the Costa […]
SunEdison: TerraForming the Latin American Solar Landscape
August 15, 2015
With 4% of the 2015 global solar market and a forecasted 39% compounding growth rate through 2020, the Latin American solar market is attracting high-powered developers. According to the Latin America PV Playbook from GTM Research and Adam James of Greentech Media, SunEdison installed over 30% of utility-scale PV in Latin America in the last 18 […]
Chile Mines Powered with Renewables
August 13, 2015
Codelco, a state-owned copper mine in Chile, has cut their 67,000 annual barrels of diesel usage by 80% through the installation of 3,000 solar panels. In a country in which competes for the world’s highest energy prices, the cost-savings through renewables are considerable.
Globeleq Warns of Unexpected Costs in New Markets
August 12, 2015
According to Jay Gallegos, CEO of Globeleq Mesoamerican Energy and CAMRIS 2015 speaker, abrupt changes in law, regulatory uncertainty and financially insecure utilities add unexpected costs to developing projects in new markets. “It’s a minefield of risks,”said Gallegos, “that end up occurring as you work on these projects, and many of them cost you.” In […]