Tag Archives: Latin America

Bright Outlook for Wind Power in Latin America

Having just concluded the 9th edition of Brazil Windpower in Rio de Janeiro (7-9 August) and on the eve of the 1st edition of Argentina Windpower (6-7 September in Buenos Aires), it seems a good time to have a look at the Latin American (including Mexico) market as a whole, to see how far it’s … Continue reading Bright Outlook for Wind Power in Latin America

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Cerro Dominador Closes $758 Million Financing For The First Concentrated Solar Power Plant in Latin America

Cerro Dominador, a Chilean company owned by investment funds managed by EIG Global Energy Partners (“EIG”), announced today the signing of the financing for its Concentrated Solar Power plant (CSP) located in the Atacama desert, in Chile. This milestone will allow the company to finalize the construction of the first combined CSP and photovoltaic project … Continue reading Cerro Dominador Closes $758 Million Financing For The First Concentrated Solar Power Plant in Latin America

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Latin America’s Renewable Energy Revolution

For centuries Latin America’s natural resources have helped move the world economy. From the silver galleons that financed the Spanish Empire to the iron and copper exports that are rebuilding China, Latin America’s natural resources have long been sold around the globe. But now the growth of renewable energy across the region is creating a … Continue reading Latin America’s Renewable Energy Revolution

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Acciona begins the start-up of the biggest photovoltaic plant in Latin america, in Atacama (Chile)

Acciona Energía has begun the start-up phase of the ‘El Romero Solar’ photovoltaic solar plant, the biggest in Latin America with a maximum capacity of 246 MWp (196 MW rated power), just thirteen months after starting construction work. The company has also completed the assembly of the last sets of panels in the plant: 776,000 … Continue reading Acciona begins the start-up of the biggest photovoltaic plant in Latin america, in Atacama (Chile)

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Dynamic Policies Driving Renewable Energy Growth in Latin America

Buoyed by rapid technology cost reductions and the consolidation of renewable energy policies, Latin America hosts some of the world’s most dynamic renewable energy markets, according to a new report by the International Renewable Energy Agency (IRENA). Renewable Energy Market Analysis: Latin America finds that the region – endowed with some of the world’s best … Continue reading Dynamic Policies Driving Renewable Energy Growth in Latin America

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EDF Energies Nouvelles’ Latin American pipeline close to 1.4 gigawatt (GW)

With 648 MW recently won in new solar and wind energy projects to be built, EDF Energies Nouvelles is stepping up the pace of its development in Latin America. In this area, the Group has a portfolio of 1,368 MW in renewable energy projects that are either in operation or due to be commissioned in … Continue reading EDF Energies Nouvelles’ Latin American pipeline close to 1.4 gigawatt (GW)

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Solar power record in Latin America: 363 MW of photovoltaic in Q2

Latin America is the global frontier for unsubsidized solar markets. With high insolation levels and growing demand, it is positioned to be one of the most attractive regions on the planet for solar development. Eyeing the region’s potential, GTM Research introduced the Latin America PV Playbook, the industry’s most in-depth analysis of the budding market. … Continue reading Solar power record in Latin America: 363 MW of photovoltaic in Q2

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Brazil to connect 23 GW of new wind energy capacity through 2024

Mexico, Uruguay, Panama and the Dominican Republic are expected to set new capacity installation records this year while demand in Latin America is forecast to drop between 2017 and 2020, according to analysis from MAKE Consulting.   MAKE expects wind power in Latin America to reach 4.8 GW this year and 5.4 GW in 2016 … Continue reading Brazil to connect 23 GW of new wind energy capacity through 2024

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Solar photovoltaic (PV) grows in Latin America

Solar photovoltaic (PV) technology is poised to play a substantial role in fulfilling the need for increased power generation capacity across the Latin America and Caribbean (LAC) region, according to a latest industry report. The total PV project pipeline is growing throughout the region and now exceeds 22 gigawatts (GW) of projects across all phases … Continue reading Solar photovoltaic (PV) grows in Latin America

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Latin America and Caribbean Region to Install 9 Gigawatts of Solar Photovoltaic within Five Years

Solar photovoltaic (PV) technology is poised to play a substantial role in fulfilling the need for increased power generation capacity across the Latin America and Caribbean (LAC) region. According to the latest NPD Solarbuzz Emerging PV Markets Report: Latin America & Caribbean, the total PV project pipeline is growing throughout the region and now exceeds … Continue reading Latin America and Caribbean Region to Install 9 Gigawatts of Solar Photovoltaic within Five Years

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Iberdrola has over 400 MW of wind energy in Latin America

Iberdrola passed the 400 MW wind power generating capacity level in the first half of this year in Latin America, a region where the company has another 150 MW of generating capacity close to going online and plans to build wind farms with another 450 MW of capacity. Iberdrola’s current 418 MW of generating capacity … Continue reading Iberdrola has over 400 MW of wind energy in Latin America

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Suzlon’s first wind power plant in Latin America (Brazil)

Suzlon Energy Ltd. (SUEL), India’s top wind-turbine supplier, will invest as much as $50 million in a manufacturing plant in Brazil, its first in Latin America. Suzlon has wind turbines facilities in India, China, Canada, Germany, Portugal and the U.S. The company has supplied wind turbines to Brazilian companies CPFL Energias Renovaveis SA and Queiroz … Continue reading Suzlon’s first wind power plant in Latin America (Brazil)

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Latin America photovoltaic (PV) pipeline approaching 20 GW

According to the newly released Q3 2014 Latin America PV Playbook, the region’s PV project pipeline rose 22 percent over last quarter, reaching 19.5 gigawatts. In GTM Research’s PV Playbook project tracker, the pipeline is made up of  two segments: announced projects and capacity under construction. Growing from a smaller base, capacity under construction outpaced … Continue reading Latin America photovoltaic (PV) pipeline approaching 20 GW

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Latin America Driving Wind Power Development

Brazil and Mexico have a leading role in wind power in Latin America, with Peru, Venezuela, Uruguay and Chile also seeing a significant capacity growth. Enel Green Power is playing its part in its development. Latin America is making an important contribution to the global development of wind power. While last year was a period … Continue reading Latin America Driving Wind Power Development

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SunEdison, IDB, OPIC and CorpBanca Close US$ 190 Million Project Financing for one of the Largest Merchant Solar Power Plants in Latin America

The debt proceeds will be used in Chile for the construction of a 72.8 MWp (megawatt) solar power plant, to inject energy directly into the Sistema Interconectado del Norte Grande (SING), selling all its production in the spot market (merchant solar). SunEdison, a leading global solar technology manufacturer and provider of solar energy services, today … Continue reading SunEdison, IDB, OPIC and CorpBanca Close US$ 190 Million Project Financing for one of the Largest Merchant Solar Power Plants in Latin America

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First Solar Set to Build Largest Photovoltaic Solar Power Plant in Latin America

First Solar, Inc. (NASDAQ: FSLR) today announced it has received board approval from the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, and IFC, a member of the World Bank Group, for financing to support construction of the 141MW(ac) Luz del Norte solar power plant in Chile’s Atacama Desert. The loans, which … Continue reading First Solar Set to Build Largest Photovoltaic Solar Power Plant in Latin America

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Chile inaugurates Latin America’s largest solar energy photovoltaic plant

President Michelle Bachelet of Chile inaugurated the Amanecer Solar CAP plant in Copiapo June 6. The project was developed, built and interconnected by SunEdison under an offtake agreement with CAP Group. The Amanecer Solar CAP plant has 100 MW of total installed capacity; the amount of energy consumed each year by about 125,000 Chilean homes, … Continue reading Chile inaugurates Latin America’s largest solar energy photovoltaic plant

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Enel Green Power Developing Green Energy in Latin America

With its wind power, solar power, hydropower and hybrid solutions, Enel Green Power is making its mark in Latin America thanks to new facilities in Brazil, Chile, Mexico and Costa Rica. Across Central and South America, Enel Green Power’s renewable energy operations is undergoing continuous development. The diverse range of plants being built over the … Continue reading Enel Green Power Developing Green Energy in Latin America

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Renewable energy Growth in Latin America

Latin America is growing and hungry for energy, but depends on fossil fuels for 37 percent of its energy mix. Renewable energy can contribute to sustainable development and low carbon, with EGP lending a hand. Latin America is growing in every sense: its population is increasing rapidly, businesses are developing and quality of life is … Continue reading Renewable energy Growth in Latin America

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