Report found that with upcoming large-scale clean-electricity projects in the next seven years Latin America is poised to become a major renewable energy producer. Latin America is poised to become a major renewable energy producer, with nearly a billion solar panels’ worth of large-scale clean-electricity projects slated to come online in the next seven years, […]
CAF to use $7 bln capitalization for recovery, renewables in Latin America – EQ Mag Pro
The board of CAF, which has 19 member countries across Latin America, the Caribbean and Europe and 13 private bank members, approved the capitalization plan this week. It will take place gradually. BOGOTA: CAF, the Development Bank of Latin America, will use $7 billion in planned equity capitalization to back economic recovery and renewable energy […]
Yinson And Verano Collaborate to Progress 800 MW Pipeline of Solar Projects in Latin America
Verano Capital, a renewable energy project developer headquartered in Chile, and Yinson Renewables Pte Ltd, a global Independent Power Producer (IPP) which is part of the Yinson Holdings Berhad group, have agreed to collaborate on renewable energy projects in Chile, Colombia and Peru. The collaboration initially targets to progress a pipeline of over 800MW of […]
Highview Power Unveils Plan For First 500 MWh Liquid Air Storage Project in Latin America
A joint venture (JV) partnership to develop and construct long-duration liquid air energy storage (LAES) projects at scale in Latin America has revealed plans for its first project. Highview Enlasa, formed as a 50:50 owned JV between UK-headquartered LAES technology provider Highview Power and Chilean backup power generation company Energia Latina SA Enlasa in October […]
After Violent Clashes of 2019, Investors Reassess Chile’s Prospects for Renewable Energy
Social unrest led Chile to give up hosting the U.N.‘s COP25 summit in December, but investors are showing signs of confidence in the country’s renewables market. Investors believe the prospects remain strong for Chile’s hot renewables market, despite recent social unrest that caused the nation to relinquish hosting climate talks last year. Chile was forced […]
Uruguay Electricity Utility Issues Tender for 65 MW of Solar Projects
Uruguay Electricity Utility Issues Tender for 65 MW of Solar Projects KEY TAKEAWAYS UTE has launched a new tender for 65 MW solar power plant in Uruguay The utility will supply solar panels and substation for the planned plant Project needs to be under construction in first quarter of 2020 Last date to submit bids […]
Latin America pledges 70% renewable energy, surpassing EU: Colombia minister
UNITED NATIONS : Latin American countries have set a collective target of 70% renewable energy use by 2030, more than double what the European Union is planning, Colombia’s energy minister said, ahead of her country’s October renewables tender. Colombia presented the target at the United Nations Climate Action Summit this week, where world leaders were […]
Vestas to Acquire Stake in Wind and Solar Developer Sowitec
Wind turbine companies are increasingly engaging with solar and storage as they diversify into new corners of the power-generation market. Denmark’s Vestas, the world’s leading wind turbine supplier, is moving to acquire a stake in renewables project developer Sowitec — part of a trend of wind manufacturers diversifying to offer multi-technology solutions to customers around […]
