South america

Spain and Brazil the world’s ‘solar investment hotspots’ but eyes on Vietnam

Analysts at Fitch Solutions have published a report singling out Spain and Brazil as ‘outperformers’ in the global solar market and labelled Vietnam the “market to watch”. The analysts expect surging growth from the Southeast Asian nation to continue in the coming decade.

Nov 1, 2019 // Markets & Finance News, Spain, South america, Europe, Brazil, Fitch Solutions Macro Research

Bidders line up for Ecuador renewables auction

The final results of the exercise, which attracted 22 participants, will be known on April 15. A 200 MW solar project will be assigned in the auction, with the winning bidder for that facility securing a 20-year power purchase agreement.

Nov 1, 2019 // Markets & Finance News, Ecuador, South america, auction, Carlos St. James

Acciona inks PPA with state-run desalination plant in Chile

Acciona has signed a supply deal with Chilean water utility Empresa Concesionaria de Servicios Sanitarios SA (ECONSSA Chile) that will fulfil the energy needs of a water desalination plant set to come online in the Atacama desert next year.

Oct 31, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, PPA, Chile, South america, Latin america, Acciona

Trina the only solar winner in Colombian energy auction

The Colombian government has revealed more details of the renewable energy procurement exercise finalized on Monday. Chinese manufacturer Trina was the bidder behind all three successful solar projects in the auction.

Oct 25, 2019 // Manufacturing News, Markets & Finance News, South america, auction, Trina, Colombia

PV performance projections for the 21st century

A study has divided the world into 12 climate zones on the basis of the Köppen–Geiger classification map. The paper confirmed Chile’s Atacama region has the world’s highest solar radiation but also showed the region with the highest performance ratio for PV systems was near Moscow.

Oct 21, 2019 // Solar, Chile, South america, Europe, Slovenia, Moscow, University of Ljubljana

Brazilian PV outcompetes all in auction debut alongside non-renewables

A bullish Brazilian PV market has marked its latest milestone this year, becoming the cheapest electricity source of an auction it was allowed to enter for the first time this month.

Oct 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, South america, auctions, Brazil, jair bolsonaro, tenders

Ciel & Terre’s 1.01MW floating plant completed in Bahia, Brazil

Brazilian renewables developer Sunlution and French floating solar firm Ciel & Terre have completed construction of a 1.01MW PV project that floats on a hydroelectric reservoir in the north-eastern state of Bahia in Brazil.

Oct 16, 2019 // Plants, Large-Scale, Commercial, Floating PV, floating PV, South america, Brazil, jair bolsonaro, fpv, bahia

Mainstream Renewable Power doubles down on Chilean renewables with new finance deal

Renewables developer Mainstream Renewable Power has more than doubled a financing facility after striking an agreement with Dutch bank ABN AMRO.

Oct 15, 2019 // Markets & Finance News, Chile, South america, financing, mainstream renewable power, hsbc, abn amro, Mary Quaney, Vincent Goedegebuure

Canadian Solar wins 394 MW of solar in two private auctions in Brazil

After emerging as the recipient of most of the Brazilian government’s public allocation of generation capacity, the Canadian-Chinese manufacturer has secured a large share of projects in auctions held by power companies Copel and, probably, Cemig.

Oct 10, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, Canadian Solar, South america, Brazil, Cemig, Copel, Sao Paulo

Cubico, Celsia team up to bring large-scale PV boost to Colombia

Colombia’s still-dormant solar scene is poised for a major boost under a new partnership, bringing together a European and a Latin American player.

Oct 10, 2019 // Plants, Large-Scale, Commercial, USA, Canadian Solar, EDF, South america, Europe, Brazil, Oceania, enel green power, Trina Solar, Mexico, North America, cubico, large-scale pv, Acciona, Colombia, celsia, pension fund

Reden, Natixis close financing on up to 100MW of PV projects in Chile

Reden Investments Chile and Natixis have successfully closed senior facilities totaling US$96.4 million for an up-to-100MW portfolio of PV projects in Chile.

Oct 10, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Natixis, Engie, Chile, South america, Reden

Lithium dreams: The surreal landscapes where batteries are born

Batteries that power our smartphones need lithium – an increasingly precious resource. Could Bolivia supply the world?

Oct 9, 2019 // Storage, USA, Germany, Chile, South america, Europe, lithium, North America, Bolivia, Salar de Uyuni, Stephen Kesler, Tesla Motors, LITCO, Marco Antonio Limachi, COMIBOL, Evo Morales

Spain’s Enerside to deploy 322MW PV project in northeastern Brazil

Spanish developer Enerside will start construction of a 322.06MW solar park in northeastern Brazil early next year, government officials said over the weekend.

Oct 7, 2019 // Plants, Large-Scale, Commercial, UTILITY-SCALE SOLAR, Spain, tender, South america, Europe, Brazil, auction, enerside, Ribeiro Gonçalves

Argentina stakes claim to Latin American PV crown with 300MW launch

Argentina has staked a claim to Latin American solar records after wrapping up the extension of a complex that could reach gigawatt-scale proportions within 10 years.

Oct 2, 2019 // Plants, Large-Scale, Commercial, China, Argentina, South america, Asia, cauchari, jujuy, jemse, shanghai electric, power china, Gerardo Morales, Eduardo Macri

China firms complete building Argentina's largest solar farm: Xinhua

Chinese companies have built a 300-megawatt solar farm in the highlands of northern Argentina, the largest of its kind in the South American nation, China’s state news agency Xinhua reported on Wednesday.

Oct 2, 2019 // Plants, Large-Scale, Commercial, China, tender, Argentina, South america, Asia, Xinhua, Shanghai Electric Power Construction Co. Ltd

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