More Latin America Power Generation News

Uruguay aims to cut its energy ties with Argentina

19/11/2012

Uruguay is currently seeking to reduce its energy dependence on Argentina. Currently this South American nation imports significant amounts of energy from its neighbour, which is expensive.

Nexans highlights new overhead line technology in Brazil

16/11/2012

Nexans detailed how its new technology, currently being unveiled in Brazil, can assist utilities in making better use of overhead lines for power distribution at a roundtable event in London on Friday.

Spanish firms’ Peruvian 20 MW solar PV park comes on line

14/11/2012

A 20 MW photovoltaic (PV) park in Tacna, southern Peru, built by Spain’s Solarpack and Gestamp Solar has started commercial operation.

Alstom wins $269m contract in Colombia

14/11/2012

Alstom have been awarded a $269m contract to supply equipment to the Ituango hydroelectric power plant in Colombia.

Mexico doubles energy investment since 2006

12/11/2012

Investment in Mexico’s electricity sector is on the rise. The current federal government has invested close to $19m, almost double the amount invested in 2006.

IPOs gather momentum in Latin America’s energy markets

12/11/2012

Initial Public Offerings (IPOs) in Latin America are becoming ever-more important as a funding mechanism for the development of the region’s electricity and wider energy sectors, which are key to its continuing economic growth.

Multi-million dollar IDB loan to strengthen power supply in Brazil

09/11/2012

Brazilian energy firm CEEE-GT will receive a $$88.7m loan from the Inter-American Development Bank (IDB) aimed to help it extend, modernise and upgrade its generation and transmission capacities to meet the growing demand for power and improve service reliability.

Nordex takes part-ownership of Chilean wind project

09/11/2012

rdex USA, a leading maker of wind turbines, has signed an agreement to buy shares in a project to develop a wind farm by Wind Energy in Chile.

Light Energia looks to launch IPO soon

07/11/2012

Light Energia, the generation and transmission subsidiary of power holding company Light in the South American nation, has filed a request with local stock exchange watchdog CVM to become a publicly traded company.

Grupo Penta acquires small stake in Chilean utility, Enlasa

05/11/2012

Chilean business conglomerate Grupo Penta has paid close to $9.6m for a 15 per cent stake in local utility Energia Latina, also known as Enlasa, its president, Fernando del Sol, has confirmed.

Odebrecht Energia proceeds with 108 MW Brazilian wind complex

02/11/2012

Odebrecht Energia, the power arm of Brazilian construction firm Odebrecht, has received approval to continue with its Corredor do Senandes wind power complex.

Construction of divisive CCPP re-starts in Mexico

31/10/2012

The construction of a controversial combined-cycle plant in Morelos in Mexico has been given the green light to re-start after the local community was convinced of the benefits it would bring to the area.

Central America's ‘largest wind farm’ on-line by end of 2013

29/10/2012

The Penonome wind farm, which according to the company in charge of the project is the first such facility to be built in Panama and the largest in Central America, is set to reach full operation by the end of next year.

Delay may force Chile’s HidroAysen to build own transmission link

26/10/2012

HidroAysen, a Chilean hydropower company, could be forced to construct its own power link if the project for a public power transmission corridor is delayed, confirms Daniel Fernandez, its executive vice president.

Siemens wins power island contract for large CCPP in Amazon

24/10/2012

German engineering giant Siemens has won an order worth $220m to supply the power island for the UTE Maua 3 combined-cycle power plant (CCPP), to be located in Manaus, Brazil.

Project financing of Brazil’s Estreito hydroelectric dam completed

23/10/2012

GDF SUEZ Energy International, via its subsidiary Tractebel Energia SA and as part of a consortium, has completed $597m of financing for the Estreito hydroelectric facility, which was recently inaugurated.

US ContourGlobal acquires large-scale wind projects in Peru

19/10/2012

ContourGlobal, a US-based independent power producer, has bought two wind farms with a combined installed capacity of 114 MW in Peru.

1,087 MW hydroelectric power plant unveiled in Brazil

18/10/2012

Tractebel Energia, a subsidiary of GDF SUEZ has unveiled a 1,087MW hydroelectric power plant at Estreito in Brazil.

Solar power offers huge potential to Mexico

17/10/2012

Mexico’s entire energy demand could be met if it was able to harness a mere 4 per cent of its potential to generate electricity from the sun. This is according to Carlota de las Mercedes Cagigas Castello of the Energy Secretariat.

Chinese investment sought for Argentina's power sector

16/10/2012

Argentina is seeking new investment partners to fund the exploitation of its natural energy resources and in particular is looking outside its borders. President Fernandez de Kirchner believes that China is a key target in this regard, and recent meetings between the minister of Federal Planning Julio de Vido and two Chinese companies are evidence of Kirchner's intentions.