Panama, Costa Rica and El Salvador are entities in which a dynamism in photovoltaics (PV) is awakening due to the high prices of other energy sources.The photovoltaic (PV) industry in Latin America could register a growth of between 10 and 15% on average per country during 2025, similar to this year, according to Sergio Rodríguez, … Continue reading Central America expects growth of up to 25% in photovoltaic (PV) energy by 2025
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Latin America’s opportunity in critical minerals for the clean energy transition
Latin America is an established producer of several minerals essential for clean energy technologies, and could build on its well-established mining sector to diversify into new minerals and help the global economy avoid the shortfalls and bottlenecks that could threaten clean energy transitions. The region already produces large quantities of lithium, which is needed for … Continue reading Latin America’s opportunity in critical minerals for the clean energy transition
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The potential of offshore wind power in Latin America
Latin America has energetic possibilities in maritime winds. Colombia and Brazil took the first steps to develop offshore wind power. The experience of oil platforms. Three decades after the first offshore wind farm in the world was installed, Latin America, still inexperienced in the matter, is beginning to take an interest in this form of … Continue reading The potential of offshore wind power in Latin America
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Latin America’s Energy Community Underlines Link Between Energy Transformation and Prosperity
High-level energy and climate decision makers from Latin America and the Caribbean underlined the importance of low-carbon energy policy to securing stable, long-term prosperity across regional economies, during a webinar co-hosted by the International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE). The virtual meeting entitled Accelerating Latin America’s Energy Transformation: RE … Continue reading Latin America’s Energy Community Underlines Link Between Energy Transformation and Prosperity
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GWEC and OLADE team-up to drive the wind energy transition in Latin America
The Global Wind Energy Council and OLADE, the Latin American Energy Organisation, have signed a MoU to cooperate on accelerating the development of renewable energy in Latin America by addressing key challenges to the region’s energy transition. GWEC Market Intelligence sees Latin America as one of the regions globally with the highest potential for wind … Continue reading GWEC and OLADE team-up to drive the wind energy transition in Latin America
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Latin America and the Caribbean Announce Ambitious New Renewables Target
Latin America and the Caribbean holds tremendous renewable energy promise. IRENA’s recent ‘Future of Solar Photovoltaic’ report highlighted that the region’s solar energy capacity alone could grow by a factor of 40 by 2050 to more than 280 gigawatts (GW) thanks to an abundant resource endowment and strong enabling policies. Today, during UN Climate Conference … Continue reading Latin America and the Caribbean Announce Ambitious New Renewables Target
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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
Continue readingBrazil 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
Continue readingLatin 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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