South America - Page 2 of 3 - New Energy Events

50MW geothermal project in Chile expected in 2024
June 4, 2019
The geothermal project ‘Mariposa’ in Chile’s Maule region is expected to enter into service in 2024. Energy output from the geothermal plant will be incorporated into the national grid. The 50MW project is a joint venture led by the Energy Development Corporation and Alterra, two established companies in the renewable energy field. A further 50MW […]
Solar development project in Barbados led by international partnership
May 23, 2019
MPC Capital has announced its expansion of development and investment activities in the Caribbean and Central America. The company is currently active in Jamaica, Costa Rica, Panama, Trinidad and Tobago, and Colombia. MPC Capital and Guinea Estates have partnered to lead the development of a 5MW solar project in Barbados. This project is expected to […]
Colombia and U.S. sign MoU to strengthen cooperation on energy
May 15, 2019
Colombia and the U.S.have signed a Memorandum of Understanding to establish a framework of cooperation on energy matters, including in the renewable energy sector. The agreement aims to establish technical assistance, knowledge and information sharing, capacity-building to push forward their energy transition. Colombian President, Iván Duque, Colombian Secretary of State Carlos Holmes Trujillo, the Minister […]
Renewables make up a fifth of energy sources connected to Chile’s central grid
May 3, 2019
Chile’s National Energy Commission has published a report which highlighted that over a fifth of the country’s energy sources connected to the central grid are from clean renewable sources. The total installed capacity of renewable energy is of 4.884MW. In the sector of geothermal energy generation, 40MW are currently in testing phase, 120MW are in […]
Colombia receives USD 600m loan to improve its energy matrix
May 1, 2019
The Inter-American Development Bank has announced it will support Colombia to diversify its energy matrix, focusing on renewable energy sources, with a USD 600m loan. Renewables which will be integrated into Colombia’s energy mix will include wind, solar and biogas. The loan will be used to implement policy reforms to ensure efficient electricity supply to […]
License granted for geothermal project in Chile
April 24, 2019
The Chilean Energy Ministry has awarded a license for geothermal exploitation of the Peumayén concession in souther Chile to Transmark Chile SpA. Transmark Renewables is an international company specializing in the global development of geothermal energy, with presence in three continents. One of the regional centres of the company is in Chile. A license was […]
Argentina launches new tender for 1200 MW of renewables
August 18, 2017
On Aug 16th, Argentina launched the RenovAr Ronda 2 national auction for the supply of 1,200MW of renewable energy capacity. Through the tender, announced via a resolution in the official gazette, authorities will seek to award 550MW wind, 450MW solar, 100MW biomass, 35MW biogas, 15MW biogas from landfills (waste-to-energy) and 50MW small hydropower capacity. Maximum PPA prices […]
Argentina 1GW Tender Attracts 6.37GW of Bids
September 9, 2016
Developers hungry to get into the Argentinian renewable energy market showed up in a big way for the tender, applying to sell 6,366 MW of power in an October auction – more than six times the amount the government called for. “I’ve never expected 6,000 megawatts,” Energy Minister Juan Jose Aranguren told reporters in Buenos […]
Brazil Cancels A-3 Energy Auction
September 5, 2016
Lack of demand is the reason for Brazil’s Ministry of Mines and Energy canceling this years A-3 energy auction. The tender was supposed to contract new energy projects to start power supply on January 1, 2019. Two more auctions are scheduled for 2016 for hydropower, solar and wind power. Read the full story here.