Latin america

The federal government of Colombia has actually introduced plans to hold a renewable energy auction in the very first quarter of 2021 that it says could stand for an investment of greater than US$ 6 billion in the nation.

Wood Mackenzie experts provide an overview as well as solar pricing for the Latin American market.

Atlas Renewable Energy protects $67m financing from IDB Invest and DNB Bank for the Jacaranda project in Brazil

Highview Power, an international leader in long duration power storage services, has actually entered into a joint endeavor contract with Energia Latina S.A.-Enlasa, the biggest back-up power generation company in Chile, to co-develop giga-scale cryogenic energy storage projects in Chile and also various other Latin American markets.

AES Gener has actually broken ground on a 112MW/ 560MWh battery energy storage project in Chile, said to be Latin America's largest such center to day.

According to a brand-new report, an estimated $3.4 trillion will be purchased renewable energy during the next years, including $2.72 trillion in wind and also solar. By 2030, 54.1% of installed ability will be eco-friendly (consisting of hydropower), as well as 37.9% will certainly be a combination of solar and wind.

The Chilean federal government has granted development legal rights for 11 utility-scale renewables tasks in the country, completing more than 2.6 GW.

'Solar Module Super League' (SMSL) member JinkoSolar has actually been selected to supply bifacial modules for Chile's initial hybrid utility-scale solar-plus-wind ranch.

The global Pico Solar market is valued at US$ xx million in 2020 is anticipated to reach US$ xx million by the end of 2026, expanding at a CAGR of xx% during 2021-2026.

Sonnedix and also French financier Natixis have actually closed senior financing facilities to bring forward as much as 100MWp of solar in Chile.

Colombia is to mobilise private gamers to make certain solar and also wind parts from abroad can reach auction job winners, powering the renewable change of a nation scaling positions in global energy transition positions.

Enel Green Power (EGP) has actually begun constructing Chile's so-called "very first crossbreed plant" in the midst of the COVID-19 state of emergency situation, with PV panels readied to sign up with pre-existing wind generators.

Chilean developer AES Gener is to sustain prepare for a substantial renewables build-out with a brand-new resources raising, apparently the biggest it has actually seen in its background.

The international COVID-19 situation has actually pressed gigawatts-worth of solar proposals right into management limbo in among Latin America's many resilient markets, with tenders terminated without brand-new days yet visible.

Voltalia has actually preserved its eco-friendly development projections for 2020 regardless of the beginning of the COVID-19 break out, keeping in mind nonetheless there is a possibility the emergency situation can postpone some agreements.