Latin America - Page 27 of 35 - New Energy Events

Chilean geothermal plant begins operations, a first for South America
April 3, 2017
The long anticipated 48 MW geothermal power plant Cerro Pabellon has started commercial operation supplying electricity to Northern Chile. The Cerro Pabellón plant is located at an elevation of 4,500 meters above sea level in the Ollagüe commune in the Atacama Desert. The plant is the first geothermal installation in all of South America, and […]
Chile: Solar prices likely to keep falling
April 3, 2017
Chile’s next auction in October will see prices continuing to fall, according to the company who set records for lowest solar PPA last year. “There is an enormous amount of competition in this market and none of the fundamentals have changed from the previous auction,” Inigo Malo, Solarpack Corp. Tecnologica’s manager for the Andean region, […]
Mexico: Construction begins on largest PV plant in Latin America
March 30, 2017
Italian power provider Enel announced it has started construction on the largest PV plant on the American continent, the 754 MW Villanueva project, which is located in the Mexican state of Coahuila. The company is investing €650 million in the project, which is scheduled for completion in the second half of 2018. The project is […]
Chile: $30m loan for exploratory phase at Cerro Pabellon geothermal project
March 29, 2017
The Inter-American Investment Corporation (IIC) has signed a US$30 million corporate loan facility with Enel Green Power Chile to finance exploratory works for what could be the first geothermal power project in South America—the Cerro Pabellon geothermal power plant in Chile. The loan will be funded by the Clean Technology Fund Loan (CTF), administered by […]
Mexico: PPA signed for 110 MW solar PV project
March 29, 2017
The Mexican gas and power provider Ienova, a unit of U.S. natural gas utilities holding company Sempra Energy, announced it has signed a 20-year PPA for a 110 MW PV project in Mexico with local steel manufacturer Deacero. According to a press release from the company, the Pima Solar project will require an investment of […]
Chile: Successful efficiency policies to reduce capacity needs for next tender
March 27, 2017
Chile is set to reduce the amount of capacity on offer in its next major power tender and delay the start of power purchase agreements (PPAs) by a year, according to executive secretary of the National Energy Commission (CNE), Andres Romero. The CNE has yet to confirm these actions, but it has estimated that it […]
MOU to establish credit line for renewable energy projects in Mexico
March 23, 2017
A new agreement signed by the Nacional Financiera (Nafin) and the European Investment Bank (EIB) could ease financing for renewable energy projects in Mexico. The Memorandum of Understanding (MOU) signed on Tuesday will enable the two organizations to cooperate on issues related to sustainable development in Mexico, including green financing. More specifically, the institutions could […]
Enel Green Power moving to less capital-intensive business model
March 21, 2017
Enel Green Power (EGP), the renewable energy subsidiary of Italian power utility Enel, was able to considerably increase its installed solar capacity in 2016. After publishing its financial results for 2016, the press office of the Enel group provided pv magazine with specific figures on last year’s solar business. According to these numbers, EGP installed […]
Mexico adds 200 MW of wind energy to growing renewable portfolio
March 20, 2017
Global Energy Services (GES) has completed the construction and installation of the 200MW wind farm of EDP Renováveis (EDPR), located in the Coahuila area in Mexico. The project is among the five biggest projects GES has constructed in the country and includes the whole BOP (Balance of Plant): civil works, medium voltage grid, step-up substation, […]