Expert Insights

Clean Energy in Latin America

Sponsored by Canadian Solar

November 2018
Complied by the Energy Council

Here are the top headlines from November 2018 from the Latin America Clean Energy sector. Please contact Benjamin West if any specific topic is of particular interest to you so that we can tailor the news feed. 

Business

Geotermia Andina proposed a geothermal development in San Juan province with the business objective of selling clean energy to mining companies in Chile.

  • Energy firm Fluence was awarded a EUR1.7 million contract to develop a waste-to-energy contract in Argentina. The local company Arrebeef Energia will be in charge of building the plant.

Investments

  • The Government of Mendoza announced that EMESA (Provincial energy company) will be in charge of building a 1.32 MW PV park for the province. Capital requirement is up to (USD2 million).

Business

  • Innova received approval to install 5 MW of PV in Minas Gerais. The company is investing USD1.1m to develop the plant's initial 1 MW.
  • EDF Renewables announced it will sell 33 MW of electricity  from Folha Larga 1 wind farm to resin producer Braskem. This is the company's first PPA in Brazil.
  • Scatec started 162 MW of solar generation in Brazil from its USD215 million Apodi Park (Quixere). The project was built together with Equinor.
  • Lightsource (BP) announced expansion into Brazil, focusing on developing fully-funded solar energy and storage solutions. The strategy is to partner with local developers.
  • Votorantim and CPPIB acquired 40.6% stake in Companhia Energetica de Sao Paulo after local authorities approved the proposal for USD801.3 million.

Investment

  • BNDES received USD156 million from the New Development Bank (NDB) to lend to two renewable energy projects: 326.7 MW Campo Largo I wind complex, and the 120 MW Pirapora I solar facility.
  • State Power Investment Corporation (SPIC) reported to be in advanced talks to acquire a stake (USD533 million) in the Santo Antonio hydro facility in Rondonia.
  • BNDES approved a loan (undisclosed amount) for Chinese-owned electricity company Xingu Rio which holds the concession to build the Xingu-Terminal (800 Kw).

Politics

  • BNDES approved a loan (undisclosed amount) for Chinese-owned electricity company Xingu Rio which holds the concession to build the Xingu-Terminal (800 Kw).

mexico

Business

  • Enel Green Power Mexico made public it will build a 220 MW solar park in Mexico's Tlaxcala state, under the name of Magdalena II. The project will require an investment of USD165 million to be operational in 2019.

Politics

  • Cenace called on the importance of building the Sureste-Peninsular transmission line, which will deploy 1,500 MW to Yucatan.

latin america

Chile

  • Enel communicated Chile and Brazil will be among the  top four countries where the company will invest EUR 7.6 billion  on power generation projects.

Colombia

  • The Government of Colombia announced it had issued a licence (Vientos del Norte SA) for an up to 250MW from a wind park in Maicao.

If you would like to be added to the mailing list and receive content like this straight to your inbox, please leave your details here

Related Content & Upcoming Events