Solar PV - Page 27 of 30 - New Energy Events

Installation of PV modules begins on El Salvador’s largest solar project
June 30, 2016
The Providencia project in El Salvador is approaching completion with the placement of the first solar module onto the 101 MW plant. French developer Neoen divided the project into two blocks: a 76 MW PV plant, awarded in an 2014 auction, and a block of 25 MW which will provide electricity to distributors. The latter […]
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 […]
German, Mexican state banks sign MOU to promote renewable energy
June 25, 2016
Commitments by development and export banks for financing renewable energy projects in Latin America is growing and Mexico’s National Bank of Foreign Commerce (Bancomext) is next in line. A memorandum of understanding (MOU) for the promotion of renewable energy has been signed between the German Development Bank (KfW) and the Germany International Cooperation Agency (GIZ); […]
Jamaica’s solar PPA breaks records at 8.5 cents/kWh: who’s the big winner?
June 13, 2016
The recent PPA awarded at 8.54 US cents/kWh for a 33.1 MW PV project now ranks solar energy as the cheapest source of electricity in Jamaica. Eight Rivers Energy Company Limited (EREC) won the bid, beating out 18 competing projects. “Yes, it is lean – there’s not a lot of fat – but I think […]
Chinese banks consider financing 300-MW PV project in Argentina
June 13, 2016
Argentina’s provincial government announced that two Chinese banks, the Chinese Export-Import Bank and the Commercial Bank of China, are interested in funding a 300 MW solar project. A delegation from Argentina travelled to Beijing to present the PV project and received “favorable financial conditions on interest.”
PV + storage on St. Eustatius will meet 23% of power demand
May 27, 2016
PV Magazine recently published an article about Germany-based SMA Solar Technology‘s recently completed PV + storage project on the Dutch island of St. Eustatius. The system will generate 23% of the island’s 13.5 GWh annual electricity demand, cutting diesel use by 800,000 liters annually. “The project fully integrates three different energy sources on a large scale […]
Solar power plant installed in Haiti
May 21, 2016
A multilateral solar energy project is taking shape in the Champ de Mars region of Haiti. GENINOV Group, a Canadian firm that has operated a subsidiary in Haiti since 2009, delivered a 100 KW solar system to the Cellule Energie and Electricity of Haiti (EdH) of the Ministry of Transport (MTPTC) to illuminate various parts of Champ […]
Nicaragua to invest $10 million in renewables in 2016
April 27, 2016
Nicaragua’s Mines and Energy Minister, Salvador Mansell, said that Nicaragua will invest more than USD 10 million in renewable energy projects in 2016. These projects include solar panels and wind.
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 […]