Wind Energy

COVID-19 will cause delays for wind energy projects across Latin America

While it may be too soon to have a clear picture on the level of disruption, the wind industry will face a supply chain disruption due to COVID-19. With wind component factories closing down in Spain, and the UK, major suppliers will face delays in distributing necessary parts to reach the anticipated 4.36 GW of […]

Report: Brazil has 700 GW in offshore wind potential

Brazil has 700 GW in offshore wind potential, a new study shows. The report, Roadmap Eolica Offshore Brasil, indicates that the country would need to adjust for offshore energy projects, including appropriate environmental licensing and vessels. Currently, Brazil has six offshore wind farms in the licensing phase with a combined capacity of 9,715 MW. Source

China’s Envision Energy launches first of four renewable energy projects in Argentina

Envision Energy Argentina inaugurated the Garcia del Rio wind farm in Buenos Aires—the first of four projects the Chinese company secured in the country as part of the government’s RenovAr renewable energy program. The 10MW park will be followed by Ventos del Secano and Cerro Alto, both 50MW, and the 75-MW Los Meandros. The park’s […]

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

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 […]

$580 million secured for wind & solar plant in Chile

Mainstream Renewable Power has raised US$580 million to fund phase-one construction on what will eventually be its 1.3 gigawatt “Andes Renovables” wind and solar power plant in Chile—one of the largest in Latin America. Financing was provided by a consortium of six banks and is one of the region’s largest renewable energy debt financing deals […]

Dominican Republic’s new wind farm is now operational

The office of the Dominican Republic’s President announced that the 34MW Matafongo wind farm is now operational and producing energy. The wind park has 17 turbines, and was developed by the Grupo Eolico Dominicano with support from the Spanish company Genera Avante. The Banco Popular Dominicano and Banco del Progreso provided the financing for the […]

27 companies will participate in Colombia’s auction for large-scale solar and wind projects

The Colombian National Mining and Energy Planning Unit has announced they received over 50 bids from 27 companies for their large-scale solar and wind auction planned next month. The large list of bidders has many global companies, including Acciona, Canadian Solarm EDF, Enel, Solarpack, Trina.  A few Colombian power distributors will also participate in the […]

50MW wind farm in the Dominican Republic starts operations

The 50MW wind farm PECASA was inaugurated yesterday in the Dominican Republic. This is one of the Dominican Republic’s largest renewable energy projects. Dominican Republic President Danilo Medina highlighted the importance of this new wind farm in helping diversify the nation’s energy matrix. This new clean energy source will allow to further reduce fuel consumption […]

MPC Capital purchases Costa Rican wind farm

MPC Capital has acquired the 21MW Tilawind wind farm in Costa Rica for USD 50 million. Tilawind, located in the windy northern province of Guanacaste in Costa Rica, is an effective source of clean energy. Last year, it exceeded its expected outputs both in terms of energy production and revenues. Investors in the acquisition include […]