More Latin America Power Generation News

Power bosses downbeat on economic recovery


The global economy shows no signs of improvement according to 80 per cent of power and utility executives polled in new research.

Uruguay aims to cut its energy ties with Argentina


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


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


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


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

Mexico doubles energy investment since 2006


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


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


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


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


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


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


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


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


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


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


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


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


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


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


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.