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Latin America

  • Chile’s Colbun SA wins bid to build largest wind farm in Latin America

    September 28, 2017

    Following a global bidding process, the Chilean government reported that Chilean based Colbun SA was awarded the rights to build the largest wind farm in Latin America, requiring an investment of nearly $1 billion. The Ministry of National Assets opened bidding for some 8,000 hectares (19,768 acres) of federal lands in the northern region of […]

  • First geothermal plant in Honduras begins commercial operation

    September 28, 2017

    Honduras joins its neighbors as a geothermal producing country: just this week Ormat Technologies announced its 35 MW Platanares geothermal project has commenced commercial operation. Platanares will sell power under a 30 year PPA with national utility, ENEE, and is expected to generate yearly revenues of $33million on average. Ormat has a Build, Operate, and […]

  • Guatemala’s El Ceibillo geothermal project awarded grant

    September 28, 2017

    U.S. Geothermal Guatemala S.A., a wholly owned subsidiary of U.S. Geothermal, Inc., has been awarded a $825,319 grant from the U. S. Trade and Development Agency (USTDA, https://www.ustda.gov/).  The grant provides funding for a feasibility study on the El Ceibillo Geothermal Power Plant Project, which will be led by POWER Engineers, Incorporated, headquartered in Hailey, Idaho.  […]

  • Colombia inaugurates first solar farm

    September 13, 2017

    Colombia’s efforts to diversify its electricity mix is finally coming to fruition. The first utility-scale solar project is now online, a 9.8 MW ground-mounted project with modules provided by Jinko Solar. Colombian renewable energy company, Celsia, developed the project and has plans to develop a further 250 MW in Colombia and Panama.  PV projects registered […]

  • Construction begins at Peru’s largest wind farm

    September 7, 2017

    Enel Green Power Peru has started construction on Wayra I, a 132 MW wind farm project in the district of Marcona, in the Ica region. When completed, the $165 million Wayra I will be Peru’s largest wind farm. “The construction of Enel’s first wind farm in Peru furthers our presence in the country and demonstrates our […]

  • Geothermal leaders meet in Central America to explore increased geothermal capacity

    August 23, 2017

    Central American countries are world leaders in terms of installed geothermal energy, but have the potential for 20 times current installed capacity. This geothermal potential could serve as a key tool to low-carbon economic development, according to the International Renewable Energy Agency (IRENA), if regional governments can adopt the policy and regulatory frameworks necessary to […]

  • Mexico and Chile wind farms secure significant project finance

    August 21, 2017

    In Chile, Aela Energy has obtained US$410mn for two wind farms, while Zuma Energia has borrowed US$600mn for what will be Latin America’s largest wind farm, located in Mexico. Aela Energy is a joint venture between Mainstream Renewable Power and Actis. The project financing will be provided by the Inter-American Development Bank, BTMU, SMBC, Korean […]

  • JinkoSolar supplies 35 MW of solar PV modules to Gransolar Mexico project

    August 11, 2017

    JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE: JKS), a global leader in the solar PV industry, today announced that it has supplied 35.46 MW of solar modules to Gransolar, a specialist renewable energy construction company, for a PV project in Mexico. JinkoSolar supplied its high efficiency PV modules to the largest solar power plant in […]

  • Nicaragua seeks $15m for geothermal project from Climate Investment Fund

    August 5, 2017

    Reported this week, the Nicaraguan Government together with the World Bank have sought the approval of $15 million from the Climate Investment Fund for Nicaragua’s Geothermal Development Plan. As reported by Energia Limpia XXI the Climate Investment Fund is now studying the approval of the bid for $15 million allocation in funds ($7.7 million in grant and […]

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