Latin America - Page 32 of 35 - New Energy Events

Success for solar in electricity auctions in Latin America
November 5, 2016
October 20, 2016 The costs of solar power continue to drop in Latin American countries, with electricity being sold for as low as US$30 per MWh in some cases. Mexico awarded more than 3.6 GW of solar at auctions this year and in Chile, a new trend was confirmed. Renewable energy providers are winning contracts […]
Rock bottom solar prices here to stay in Chile
October 31, 2016
Solar prices continue to fall globally, and that remains absolutely true in Chile where the last solar bid was awarded to SolarPack at a record breaking price of $29.10. SolarPack’s Head of Operations in Chile and Peru, Inigo Malo de Molina, told reporters last week, “Though there are voices saying they have doubts, the truth is that we […]
Argentina’s second renewable tender opens today
October 31, 2016
Round 1.5 should open today, following onto a successful renewable energy tender in Argentina earlier this year. The RenovAr program will kick off the tender for 400 MW of wind and 200 MW of solar. Read more here.
Colombia to strengthen renewable energy sector
October 31, 2016
Over the next eight months, Colombia will be taking steps to improve its renewable energy sector. Colombia’s Ministry of Mines and Energy and FDN, a national financial institution have partnered to strengthen the Integration Programme of Renewable Energies (PER). This new partnership, through a signed agreement, will endeavor to update the PER with new regulations, […]
Solar takes at least 6% of Chile’s largest power auction with record low tariffs
August 25, 2016
In an auction without subsidies, solar developers have won 720 GWh of capacity in Chile’s largest-ever power auction. Endesa won about 47% of the tender with an offer not tied to specific projects, while Accion Energia said it will build 183 MW wind facility at La Arauncía. Although wind power dominated the auction, taking 5.8GWh […]
Latin America on track to deploy 2.7 GW of solar in 2016
July 19, 2016
Latin America continues to be the global leader in renewable energy in 2016. A total of 2.7 GW of solar PV will be installed this year from projects in Chile, Honduras and Mexico. Record-low bid prices in Mexico are attracting the interest of governments and promoting the country to the second largest market in L.A.; […]
IIC helps finance 54-MW solar project in Chile
June 27, 2016
More financing will help Chile continue its ascent as a Latin American leader in renewable energy. An A-loan of USD 19.7 million (EUR 17.9m) has been issued by the Inter-American Investment Corporation (IIC), and guaranteed by the Inter-American Development Bank, for the 54 MW Los Loros solar PV project in the Atacama Desert. The IIC […]
Latin America On Track To Install 2.2 GW Of Solar PV In 2016, Says GTM
June 4, 2016
Renewable energy markets are getting ready to boom in Latin America, says Greentech Media. Recent auctions saw solar outcompete all other technologies in the region; solar walked away with 20% of the offered capacity in Chile, 63% in Brazil, 40% in Peru, and 72% in Mexico. In 2017, GTM expects Mexico to install 2 GW, […]
Latin America: Big credit line for development of geothermal energy from German bank
May 16, 2016
Germany’s Ministry for Economic Cooperation and Development (BMZ) and Development Bank of Latin America (CAF) signed an agreement to promote the development of energy projects in Colombia, Ecuador, Peru, Bolivia, Chile and Mexico. The first credit line of €250 million (c. $286 million) will be allocated to lowering financing that CAF grants to geothermal projects in the region. The […]