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Latin America

  • Chile: Abengoa’s PV/CSP hybrid plant resumes progress

    December 15, 2016

    Chile’s round-the-clock solar power project is back on, reports BN Americas. The Atacama 1 plant will use 100 MW PV and 110 MW of Concentrating Solar Power – which has the capacity to store heat and provide energy even when the sun doesn’t shine. The project will be connected the Chile’s northern SING power grid, […]

  • Latin American geothermal fund open for business

    December 13, 2016

    The much anticipated Latin American geothermal exploration/drilling fund is opening its doors for business. The Geothermal Development Facility, whose objective is to encourage public and/or private investment in geothermal power development in Latin America, has issued its first call for Expressions of Interest, to be submitted by January 15, 2017. Interested applicants may submit a […]

  • Clean energy revolution in Latin America

    December 12, 2016

    Latin America is already a leader in clean energy. Costa Rica ran for 7 months on clean energy alone last year and Uruguay came close to that. In 2014, the latest year for which comparable data exist, Latin America as a whole produced 53% of its electricity from renewable sources, compared with a world average of […]

  • Off-grid solar ready to take off in Peru

    December 6, 2016

    A nonprofit is working in Peru to get power to remote communities using solar technologies. An estimated 3 million people in Peru don’t have access to power, largely because of the remoteness of the villages where they live.“From the Andes to the Amazon, folks are really spread out,” said Michael Callahan, CEO of PowerMundo, a […]

  • Japanese geothermal targets Latin America

    November 30, 2016

    Mitsubishi Hitachi Power Systems Ltd., a venture between Mitsubishi Heavy Industries Ltd. and Hitachi Ltd., is eyeing Latin America to export its geothermal turbines, hoping to supply equipment for projects backed by Japan’s aid agency. The company, which announced winning an order in October to supply a 55-megawatt turbine for a project in Costa Rica, […]

  • Argentina doubles renewable energy projects in latest award

    November 29, 2016

    In a surprising twist to RenovAR 1.5, Argentina has awarded 1281.5 MW of renewable energy capacity, more than double the original ask of 600 MW. “Investors have shown they believe in Argentina,” said Juan José Aranguren, Argentina’s energy minister. A total of 30 projects were selected under this additional tender, including 10 wind projects, representing 765.4 […]

  • Unlocking aviation’s benefits in Latin America and Caribbean

    November 23, 2016

    The aviation industry in Latin America and the Caribbean (LCR) can support economic development in the region through job creation and planned infrastructure. According to the International Air Transport Association (IATA), passenger demand will more than double between the years of 2015 and 2035, thus creating 3 million jobs over that period and contributing US$204 […]

  • IRENA Report: Dynamic policies driving renewable energy growth in Latin America

    November 22, 2016

    Latin America hosts some of the world’s most dynamic renewable energy markets, according to IRENA. Countries in the region are endowed with renewable resources that make for unprecedented opportunities in solar, wind, hydro and geothermal energy. The rapid reduction in technology costs help to buoy the business case for renewables investment and with the right […]

  • Chile plans 1GW solar park

    November 17, 2016

    Chile plans to develop a 750 MW to 1 GW solar park to support the mining industry in the Atacama region. The new solar park, “Solar District” will need $4 billion of investment and create 3,000 jobs in the process. Plans for the solar park were announced at COP22 in Morocco by environment minister, Pablo […]

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