Latin America - Page 25 of 35 - New Energy Events

Nicaragua’s San Jacinto geothermal plant drilling additional wells
June 20, 2017
Polaris Energy Nicaragua and geothermal drilling specialist Iceland Drilling Company (IDC) have signed a contract to drill additional wells at the San Jacinto-Tizate Geothermal Power plant in Nicaragua. In 2016, three new wells were drilled by the company and a workover conducted for four existing wells. The current drilling project started last month and already last […]
50 MW Bolivian solar project receives €11.5m from France
June 19, 2017
Bolivia’s largest solar plant just received an injection of funds from French Development Agency (AFD) for €11.5m financing. The funds are expected to be used to leverage additional financing for the 50MW Planta Solar Fotovoltaica Oruro. The plant is scheduled to come online in 2018. Bolivia’s state utility, Empresa Nacional de Energía (ENDE) has just […]
Argentina releases draft regulations on private PPAs
June 13, 2017
The Argentine Ministry of Energy and Mining last week published a draft of the regulation on private power purchase agreements (PPAs) in the country between renewable energy producers and large consumers. At present, the Wholesale Electricity Market Administration Company (CAMMESA) is the administrator and only customer of the wholesale electricity market in the country. Once […]
Chile, Mexico, Argentina set to take the lead over Brazil
June 12, 2017
A new report from Infiniti Research outlines Latin America’s ambitious plans for renewable energy as the region expects to install over 47 gigawatts of new capacity in wind energy alone over the next 10 years. Until recently, Brazil was the dominant player in Latin America’s wind power market, but political and economic instability will likely weaken […]
Chile releases new rules for renewables on public land
June 9, 2017
Chile’s Ministry of National Property has issued a new regulation for using state land for the development of projects in the renewable energies sector. The new provisions were published in the country’s Official Journal in May. According to PV Magazine, the new rules will also apply to projects that are already approved. The new provisions […]
13 finalists chosen for Latin American geothermal development facility
May 30, 2017
The Geothermal Development Facility (GDF) for Latin America has selected 13 finalists after the first run of expression of interests closed at the end of February 2017. Final grant approvals are anticipated for Q4 2017. The German government’s KfW Development Bank in conjunction with the European Union has launched the EUR55 million geothermal power fund […]
Bolivia allocates $43 million for solar PV and grid improvements
May 18, 2017
The Bolivian government will allocate $43.2 million to rural electrification works in the departments of Potosí and Chuquisaca, to benefit more than 27,200 homes, reported the Vice Ministry of Electricity and Alternative Energies. According to the institution, the project will improve electrification and renewable energy access for 14,600 homes in rural areas with additions and […]
Honduras’ Platanares geothermal project to begin operations this year
May 16, 2017
Honduras will bring 35 MW of geothermal online this year as Ormat’s Platanares project is anticipated to reach commercial operation by the end of 2017. This announcement was made by Isaac Angel, CEO of Ormat Technologies, in his presentation of Q1 2017 earnings and plans for Platanares geothermal project in Honduras. Ormat Technologies is continuing […]
Following auctions and reforms, Mexico’s solar sector poised for massive growth
May 15, 2017
Industry analysts have long forecasted a spiked growth in Mexico’s solar energy sector, but now experts are predicting 2018 as the “take-off year”. The energy transition has been ongoing for several years as Mexico implemented policy reforms, but with solar winning big at the past two auctions the grid will be taking on over 4 […]