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Renewables

  • Polaris renegotiates PPA terms for geothermal plant in Nicaragua

    December 24, 2020

    Canadian renewables developer Polaris struck a deal to add ten more years to their power purchase agreement (PPA) tied to its San Jacinto geothermal power plant in Nicaragua.   Source

  • Renewables Could Drive Recovery in Latin America

    October 21, 2020

    Fiona Clouder, the UK COP26 (Conference of the Parties) regional ambassador for Latin America and the Caribbean, said the region’s recovery needs to focus on clean and sustainable power, led by renewable energy. The webcast, co-hosted by the International Renewable Energy Agency and the Latin America Energy Organization, and titled “Accelerating Latin America’s Energy Transformation: […]

  • AME and ENEL bet on green hydrogen in Magallanes

    October 9, 2020

    Enel, AME, Siemens, Porsche y ENAP will partner in a plan to produce green hydrogen. The pilot plant will be powered by wind energy in the Magallanes Region, Patagonia, Chile. Source

  • Carbon Capture Plant | Photo: Climeworks

    US sitting on billions in clean energy loans

    May 4, 2020

    The Trump administration is holding onto approximately US$43 billion in low-interest loans for clean energy projects, as Congress considers more financial relief in response to Covid-19. With a projected budget deficit nearing $4 trillion, the loans — previously authorized by Congress — could fund projects that stimulate a troubled economy. Eligible sectors include renewable power, […]

  • Photo: Sungrow

    IRENA: Renewables push could be key to post-Covid recovery

    April 22, 2020

    According to new analysis from IRENA, a Covid-19 recovery focused on renewables could be the key to a $100-trillion boost in global GDP and millions of new jobs by 2050. The analysis estimates that a “renewables-based” decarbonization shift would require up to US$130 trillion in investment through 2050. But IRENA estimates that the world would […]

  • Santiago | Photo: Jimmy Baikovicius, Flickr

    US$500 million approved for AES Gener renewable projects

    April 22, 2020

    Shareholders of Chilean developer AES Gener approved the proposed raising of US$500 million for the installation of 1.6GW of solar and wind projects in Chile and Colombia.   The total US$1.8 billion in funding will come from a combination of the US$500-million capital increase, cash and third-party partnerships. This includes US$335 million from top shareholder AES […]

  • Coronavirus: The Caribbean is the First Domino to Fall, but There is Hope

    From our Editorial Team

    April 9, 2020

    Guest Editorial by David Gumbs, James Fletcher & Justin Locke COVID-19 is crushing tourism-based, import-dependent economies across the Caribbean. Recovery will be slow—but it can also be revolutionary. Guest contributors David Gumbs, James Fletcher and Justin Locke frame for us a vision for how regional governments, with the help of multilateral institutions and global philanthropy, […]

  • Photo: Enel

    Energy giant Enel says Covid-19 won’t affect plan for renewables portfolio in Latin America

    April 9, 2020

    In its latest financial announcement, Italian energy company Enel said the pandemic currently poses “no material disruption” to its renewable project supply chain, and that it expects to meet its 2020 energy targets. The company intends to move forward with plans to add an additional 14.1GW of renewables by 2022, which includes projects in Chile […]

  • Celsia Solar Bolivar PV plant in Colombia

    Invenergy, EPM partner to bring more renewable energy capacity to Colombia

    December 2, 2019

    U.S. energy firm Invenergy announced a joint venture with with Empresas Públicas de Medellín (EPM) to bring more than 400MW of renewable energy capacity to Colombia over the next five years. EPM is looking to expand beyond hydropower, which includes its problem-plagued Hidroituango dam project. This new enterprise has Invenergy developing and operating wind and […]

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