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Solar

  • 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.

  • 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

    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 […]

  • OAS supporting renewable energy for sustainable communities

    April 17, 2016

    Ruth Spencer, owner of a 14-unit guest house in Antigua, cut her electricity bill by 75% by installing solar panels. “If we don’t convert to green energy, nothing is going to happen here.  The poor are going to get poorer, because when people can’t pay their energy bills and have their electricity cut off, their […]

  • South Korea to invest USD 36.6m in Nicaraguan PV plan

    April 11, 2016

    South Korea will loan $33.3 million USD to the government of Nicaragua for the development of a solar project that will impact 164 communities. The government of Nicaragua will also invest $3.3 million USD in the project.  

  • Solar in Mexico will now grow by 521 percent in 2016.

    April 5, 2016

    In Mexico’s first Clean Energy Auction, 11 solar projects were awarded contracts. Together, these projects will produce 4 million megawatt hours per year. Project developers include: The winning projects are from seven developers: Enel Green Power with 992 megawatts and 2.25 million Clean Energy Certificates (CELs) SunPower with 509 megawatts and 989,265 CELs (includes projects by local […]

  • SunPower wins 500MW solar power projects in Mexico

    April 4, 2016

    SunPower secured a PPA for a 500 MW solar project in Mexico in the recent renewable energy auction. This includes a 400 MW installation in Yucatan and a 100MW installation in Guanajuato. These projects account for 25% of solar energy awarded in the auction, according to Mexico’s National Center for Energy Control (CENACE). SunPower president and […]

  • Caribbean’s largest solar plant goes live

    April 2, 2016

    A 33.4 MW solar plant was inaugurated in the Dominican Republic this week. Designed and developed by the Phanes Group, the plant is the largest in the Caribbean to date. By 2016, the plant’s capacity will be increased to 67 MW. “This project is a demonstration of how multiple stakeholders can work together to co-develop […]

  • Barbados Agricultural Society seeks solar

    April 1, 2016

    James Paul, CEO of the Barbados Agricultural Society (BAS), says that access to affordable solar will cut operating costs for farms, which in turn will cut the cost of food for consumers. According to Paul, the agricultural sector in Barbados has not seen any programs to engage farms in the renewable energy discussion. “We have […]

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