Latin America - Page 15 of 35 - New Energy Events

Chile aims for 100% electric public transportation by 2040
March 9, 2020
Chile will underscore its commitment to sustainable energy ahead of Expo 2020, with the announcement by the country’s government they will decarbonise the electric sector and implement 100% electric public transport by 2040 and achieve carbon neutrality by 2050. Source
Another solar pipeline in Mexico secures multilateral backing
November 22, 2019
Energy company IEnova has secured funding for a large-scale, 376MW solar pipeline in Mexico, with support from the World Bank’s International Finance Corp. and the North American Development Bank. The development banks will contribute US$200 million in green loans for the pipeline, which includes the already-operational Pima Solar 110MW plant. This project represents U.S. subsidiary […]
Experimental solar PV park opens in Cuba
November 22, 2019
Cuba made progress toward its 2030 renewable energy goal with the recent opening of an experimental photovoltaic park in Havana. The park, part of a university Microelectronics Research Center, was the result of a group partnership between Cuba, German and Mexico. Source
US$1 trillion energy investment coming to LAC
November 22, 2019
Latin America and the Caribbean could see a US$1 trillion windfall in energy and infrastructure investments over the next five years, according to a senior U.S. Treasury Department official. It is expected that a portion of that funding may flow through the América Crece program, launched in 2018 to address myriad barriers to infrastructure development […]
LAC poised for solar capacity surge
November 18, 2019
A new report from the International Renewable Energy Agency (IRENA) indicates that Latin America and the Caribbean could grow their installed solar capacity by a factor of 40 in the next 30 years. By 2050, solar PV would be the second-largest power source behind wind, with the potential to employ over 18 million people. An […]
$580 million secured for wind & solar plant in Chile
November 18, 2019
Mainstream Renewable Power has raised US$580 million to fund phase-one construction on what will eventually be its 1.3 gigawatt “Andes Renovables” wind and solar power plant in Chile—one of the largest in Latin America. Financing was provided by a consortium of six banks and is one of the region’s largest renewable energy debt financing deals […]
Climate mitigation, smart cities see influx of finance
November 18, 2019
Finance is flowing toward climate mitigation projects at record levels, according to a Climate Policy Initiative report. Among recent multilateral investments: the approval of US$800 million from the New Development Bank for renewable energy projects in India and Brazil, and more than US$100 million in financing from the European Investment Bank (EIB) for renewable energy […]
Colombia awards 2.2 GW of solar and wind in first auction
November 6, 2019
Colombia’s National Mining and Energy Planning Unit allocated 2.2 GW of solar and wind power generation capacity in the country’s first renewable energy auction, which was finalized yesterday. The exercise’s final average price was COP95/kWh ($0.027), and the highest bid reached only COP110. The authority said the auction will enable the country to raise its […]
27 companies will participate in Colombia’s auction for large-scale solar and wind projects
September 18, 2019
The Colombian National Mining and Energy Planning Unit has announced they received over 50 bids from 27 companies for their large-scale solar and wind auction planned next month. The large list of bidders has many global companies, including Acciona, Canadian Solarm EDF, Enel, Solarpack, Trina. A few Colombian power distributors will also participate in the […]