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Latin America

Bolivia introduces net metering for rooftop PV

The new provisions came into force on March 24. Net metering tariffs will have to be established by the energy regulator.

Neoen energizes 140 MW solar park linked to 3.2 MW/2.2 MWh of storage in El Salvador

The facility is now selling power to local distributors AES, Delsur, EDESAL and B&D at an average price of $ 49.55 under a 20-year PPA.

Colombia streamlines tax incentives for renewables

The procedures to secure income tax deductions, value-added tax exclusions, customs duty exemptions, and accelerated depreciation rates for renewable projects has been shortened to 45 days.

Colombia’s 9.48 GW solar project pipeline

The technology makes up almost 70% of planned clean energy generation capacity in a nation which added just 4 MW of solar last year.

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5.5 GW of unsubsidized solar for Brazil

The pipeline of large-scale solar projects that are not being planned to compete in public auctions is growing significantly in Brazil, according to a report by consultancy Greener. The study also reveals that all of these projects have already secured a permit to start commercial operations, and that they are located in six states, including Minas Gerais, Sao Paulo and Ceará.

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Chile to hold new energy auction in June

According to the bidding terms published by the National Energy Commission, project proposals may be submitted by June 11 and the results will be announced on June 19. Successful bidders will secure a 15-year power supply deal and some 5.6 TWh of electricity is expected to be generated annually as a result of the new capacity.

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PV system prices fell 8.9% in Brazil in the first six months of the year

The cumulative capacity of 5 MW-or-smaller solar systems has reached 958 MW in Brazil, according to consultancy Greener. Around a third of that capacity was installed in the first half of this year, with projects relying on half-cell and PERC modules making up the largest share.

Argentina allocates 96.7 MW of PV in ‘mini’ auction

Of the 38 new renewable energy projects that have been awarded, 13 are PV plants, representing 96.75 MW of capacity. The average price for solar was $57.58/MWh, and the minimum was $54.22/MWh.

Ecuador to kick-off 500 MW renewables auction

Through the procurement exercise, the Ecuadorian government will select wind, solar and mini hydropower projects. Selected developers will be granted a 25-year PPA, while the sole off-taker of the generated energy will be state-owned utility Corporacion Electrica de Ecuador, S.A. (CELEC).

Solar at $17.30/MWh in Brazil‘s auction: is it a world record?

Analysts have scrutinized the result of the recent A-4 auction which delivered, in theory, the world’s lowest price for solar electricity from an energy procurement exercise. The two plants in question, however, will sell 70% and 50% of their output outside the power deal signed in the auction.

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