Latin America - Page 33 of 35 - New Energy Events

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 […]
U.S. seeks greater energy integration in Central America and Caribbean
May 15, 2016
In an attempt to move away from volatile oil markets in Latin America, U.S. Vice President Joe Biden urged Central American and Caribbean leaders to move toward more integrated and diversified sources of energy. Forward of the upcoming Energy Summit in Washington D.C, the U.S. Vice President said: “We just have to harness that momentum […]
Latin America eyes volcanoes to fire up clean development
May 6, 2016
Mexico and Costa Rica plan to reduce their dependence on fossil fuels via geothermal and hydropower, part of an effort to meet the goal adopted by governments in the new Paris climate change agreement to keep global temperature rise “well below” 2 degrees Celsius above pre-industrial times. In 2015, 73 percent of Costa Rica’s energy […]
SunEdison plans to keep investments in Latam solar market
April 23, 2016
Despite filing for bankruptcy on Thursday, the U.S. renewable energy company SunEdison plans to maintain its investments in Latin America’s solar energy market. According to SunEdison, long-term investments in the region are viable and the company is considering further investment in the Brazilian state of Bahia. Although SunEdison may sell off some of its assets, […]
Solar PPAs in Latin America: How Low Can They Go?
April 18, 2016
If the Peru and Mexico auctions are any indication, Latin American markets are establishing a new, and very low, normal for solar prices. Peru recently awarded a solar PPA at $47.98/MWh to Enel Green Power (EGP), making headlines as the lowest PPA on record, but just weeks later EGP beat its own a record in Mexico’s […]
Clean-energy acquisitions in Latin American triple
February 29, 2016
According to PricewaterhouseCoopers (PwC), clean-energy acquisitions in Latin America nearly tripled last year. $7.6 billion in renewable energy deals were signed in the region in 2015, which is up for $2.7 billion from 2014. Arthur Ramos, partner at PwC said, “Multinationals are taking stronger positions in Latin America where there is a perspective of lack […]
How Will The COP21 Accord Affect Latin America?
December 20, 2015
Latin Americans are the most concerned about climate change, said a Pew Research Center Survey last spring. LatinOne spoke with Lisa Viscidi, Program Director for energy, climate and extractive industries at The Dialogue, to ask her in what ways does the COP21 Paris accord affect Latin America. Viscidi said that although Latin American demand for […]
Latin America must diversify its energy sector to withstand climate change
December 17, 2015
Problems of infrastructure and politics hamper Latin American initiatives to thwart the problems of climate change, from guerrilla attacks on power systems in Columbia to congressional stalemate in Mexico. Energy experts in Latin America maintain that over-dependence on hydropower threatens the stability of the region at a time when environmental disasters are more common, leading […]
Paris Climate Agreement explained: what it means for Latin America
December 14, 2015
The climate deal reached in Paris over the weekend has important implications for Latin American countries, many of which played a key role in helping the negotiations advance. The Paris agreement will also help mobilize new investment in key sectors such as clean energy, which will bring important local benefits while mitigating climate change emissions. […]