Featured in Let's talk about US – 12-2013

One of the lowest solar rates in the world?

Uruguay: In May this year, Uruguay approved a 200 MW tender for solar facilities with capacities of between 5 and 50 MW. Despite offering an extremely low rate – US$0.09 per kWh – the government announced in September that the quota had been filled.

The Oriental Republic of Uruguay, which has a surface area of 180,000 square kilometers and a population of three million souls, has never been one of the world economy’s heavyweights. This is evidenced by the country’s electricity consumption, which in 2011 stood at around 10,000 GWh, just 1.6% of the amount consumed by Germany. However, size is …

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