Central & South America

Argentine province confirms financing for solar projects

PV projects in Mendoza awarded under the RenovAr program with 85% local content will be able to obtain financing through the FONDEAR Fund.

BNEF predicts “revolution” in the power sector due to low-cost renewable energy

In their 10 predictions for 2017, Bloomberg New Energy Finance’s chair and chief editor argue that we are entering a phase where low-cost renewable energy will come to define the power system, despite ideological and financial headwinds.

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Elecnor to build a 115 MW solar project in Chile

The Spanish company was awarded a US$117 million contract to build the project near Santiago.

El Salvador awards 120 MW of solar PV at prices from US$50/MWh

Four PV projects were awarded in the second auction for renewable energy projects in the Central American nation.

TerraForm Global warns of continued losses for 2016

The yieldco’s first statement regarding its 2016 financials shows plenty of cash, but Global is remaining in the red overall.

Argentina decrees 2017 “the year of renewable energies”

Argentine public administration documentation will incorporate this policy and events for the diffusion of renewable energy deployment will be developed.

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Brazil: Pernambuco to launch solar tender

The tender is for the supply of electricity between January and May 2017, to cover the needs of a public agency.

Mexico targets addition of 5.4 GW of PV in next 3 years

PV capacity in the country could be increased 20-fold from the 270 MW currently installed by the end of 2019.

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Abengoa to restart work on 100 MW project in Chile

Spanish renewable energy company Abengoa announced that it will immediately restart construction on the exciting Atacama Desert solar project in Chile, where a 100 MW PV plant and a 110 MW solar thermal plant will look to take advantage of the world’s most concentrated solar radiation.

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Rio 2016: a step in the green direction? 

The Rio de Janeiro 2016 Olympic Games has ended, but its message in favor of sustainable and green growth will hopefully remain for longer. However, just how much energy did Rio 2016 consume and what role did renewable power play?

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