South America - New Energy Events

Neoenergia SA wins two lots in Brazil’s transmission projects auction
July 13, 2022
Neoenergia SA, the Brazilian utility company, bought two lots in the auction for transmission projects in Brazil that will facilitate the distribution of renewable energy across the country. Source: Renewables Now
Green Hydrogen-South America market forecast 2020-2027
February 1, 2021
The latest Reports Globe study titled “Green Hydrogen-South America Market” highlights important aspects of the Green Hydrogen-South America market. The report is intended to help readers accurately estimate the growth rate of the world market during the forecast period (2020-2027). Source
Colombia to hold 5 GW renewables auction in Q1 2021
November 18, 2020
The president of Colombia, Iván Duque, announced during the inauguration of a solar plant that the country’s second renewable energy auction has been scheduled for the first quarter of next year. The Latin American country is also defining a green hydrogen roadmap in collaboration with Chile. Source
GIZ and Chile’s Ministry of Energy explore new financing options
October 9, 2020
A joint report by GIZ and Chile’s Ministry of Energy discusses new financing options that could push for further investment in the South American country. Source
Drilling starts for Ecuador’s first geothermal energy plant
October 8, 2019
Ecuador’s first geothermal energy plant has started its first phase of construction, with drilling started on the Imbabura site a few days ago. The project is financed by the Japanese government through the Japan International Cooperation Agency. The investment for the construction of the geothermal plant was of USD 250 million. The Electric Corporation of […]
Construction starts on Chile geothermal plant’s 33MW addition
September 3, 2019
The construction of a third generation unit at Cerro Pabellon geothermal power plant in Chile which will add 33MW of new capacity started last week. Construction is led by Geotermica del Norte SA, a joint venture between Enel Green Power Chile, and Chile’s state oil company Empresa Nacional del Petroleo SA. An investment of USD […]
Chilean government shows increasing enthusiasm for geothermal
August 2, 2019
Chile’s Undersecretary of Energy, Ricardo Irarrázaba, highlighted the geothermal potential of the country, and his government’s commitment to take advantage of this energy resource. The geothermal potential of explored areas in Chile is around 3000MW, which with the possible uses of thermal energy in Chile “places us, again, in a privileged place worldwide for the […]
Chile to issue more sovereign green bonds
June 28, 2019
Chile emitted its first sovereign green bond last week. Due to its success, further sovereign green bonds are expected to be issued by the state. The bond low’s interest rate, good rating and its high demand resulted in the success of Chile’s first green bond to surpass expectations. “The issuance of our first green bond […]
Chile gives go-ahead for 30MW geothermal plant
June 17, 2019
A USD 200 million expansion of the Cerro Pabellón geothermal plant in Chile has been given the go-ahead by the country’s environmental watchdog. This geothermal plant was the first in South America to enter into operation. A subsidiary of Enel Generación, a multi-national power company and leader in the renewable field with a presence in […]