Latin America - Page 21 of 35 - New Energy Events

Chile to use blockchain technology for energy grid
March 5, 2018
CNE, Chile’s energy regulatory agency will begin using blockchain technology to manage their energy grid, as soon as March 2018. Using blockchain, CNE will be able to verify cost of fuels, average electricity market price, and provide data security for the information exchange. Blockchain technology will provide quicker verification and reduce ability for data manupulation, […]
Panama building first large-scale residential solar installation
February 13, 2018
A joint project between Colombia energy company, Celsia, and Real Estate Group Provivienda will bring solar PV to 350 homes at La Hacienda, in Panamá Oeste, Panama. This residential complex, as a whole, will avoid the emission of 188 tons of carbon dioxide per year and will benefit from representative energy savings. Celsia and Grupo Provivienda will […]
Ormat acquires Guatemala’s El Ceibillo geothermal project
January 29, 2018
U.S. Geothermal will be acquired by Ormat Technologies Inc., with the transaction expected to be finalized in Q2 2018. U.S. Geothermal has operating geothermal plants in the Western United States, and projects in the development phase in the same region, as well as the El Ceibillo project located near Guatemala City, Guatemala. This latest acquisition […]
Costa Rica eliminates taxes for electric vehicles
January 29, 2018
Costa Rica’s goal of carbon neutrality by 2021 is closer with the passage of a new law meant to encourage the uptake of electric vehicles. Last week, the government adopted a new initiative to eliminate sales, customs, and circulation taxes for electric vehicles and a free parking scheme. Under the new law, municipal parking facilities […]
Colombia government approves feasibility of $540m of energy projects
January 17, 2018
Colombia is moving closer to a renewable energy future after positive developments last week from the Ministry of Mines and Energy. The Ministry approved the technical and financial feasibility of 11 energy projects with an investment totaling $540 million. Colombia has potential to develop small hydropower, renewable energy, energy efficiency, and network expansion. The Ministry […]
El Salvador will build 100 MW solar PV with $15m financing from Finland
January 15, 2018
El Salvador’s renewable energy share is steadily growing, and an injection of $15m for a solar project will see that share increase further. Marking FinnFund’s first entry into El Salvador, the Finnish development financier will provide $15 million in loan funding to build 100 MW of solar PV across rural areas. Ten solar power plants […]
Mexico leads the way for distributed solar
December 14, 2017
Mexico has retooled their energy regulations, and it seems to be paying off. By 2025, billions of dollars will be flowing into the Mexican economy as distributed energy technologies are expected to exceed 8 GW, with solar playing a huge role in this growth. This year alone, Mexico is expected to double its distributed generation […]
Guatemala launches renewables and efficiency focused national energy plan
December 14, 2017
This week Guatemala launched a national energy plan that aims to reduce emissions of greenhouse gases in the country by 29.2% by 2032. Prepared by the Ministry of Energy and Mines (MEM), the plan has the goal to acheive reductions through the promotion of renewable energy and energy efficiency. According to the Minister of Energy, […]
ECLAC notes progress in Central American energy efficiency
November 22, 2017
The Economic Commission for Latin America and the Caribbean (ECLAC) is noting the progress made in energy efficiency by a majority of Latin American countries. In Central America, Guatemala, El Salvador, and Nicaragua have all drafted bills to regulate energy efficiency. Costa Rica has the oldest law in the region, in force since 1994. Nineteen […]