More Latin America Power Generation News

Duke Energy stengthens position in Chile’s lucrative power market


The recent acquisition of Iberoamericana de Energía Ibener SA (Ibener), sees Duke Energy Corporation (NYSE: DUK) of the US further strengthen its presence in the Latin American electricity market.

Bolivian government seizes Iberdrola businesses


Under orders from the president, Evo Morales, Bolivia has nationalised two electricity distribution companies belonging to Spanish utility Iberdrola.

Eletrobras secures $1.9bn loan for Brazilian nuclear power plant


Centrais Eletricas Brasileiras has signed an agreement with state-owned bank Caixa Economica Federal, to secure a $1.9bn loan, for the construction of the 1270 MW Angra III nuclear power plant in Brazil.

Abengoa wins three transmission concessions in Brazil


Abengoa of Spain has recently won three power transmission concessions in an auction organised by Aneel, Brazil's national electricity regulatory agency.

Cuba to promote renewable energy resources


The Cuban government is planning to develop programmes over the next year to promote the greater use of renewable energy resource.

Energia Eolica to invest $63m in Honduran wind farm


Power firm Energia Eolica de Honduras SA is to invest $63m in the construction and development of a wind power project in this Central American nation.

Argentina sees spike in capacity demand


Capacity demand in Argentina in November hit 21 GW, a 7.6 per cent increase on the same period 12 months ago, reports Cammesa, the wholesale power market operator.

Renewable energy in Brazil to triple in next decade


Brazil expects to see the production of electricity from renewable energy sources to triple in the next ten years, according to a government report.

Peru postpones Molloco hydro project bids to 2013


Peru's ProInversion, an agency that promotes private investment in the country, has reportedly delayed the submission of bids for the Molloco hydropower project to 28 February 2013.

Enel wins funding for Latin American green projects


Two renewable energy projects in Mexico and Costa Rica are set for construction after Enel Green Power won a total of $89m in financing.

Feature: Uruguay seeks energy independence


In recent years, Uruguay has been importing significant quantities of electricity from its neighboring countries, in particular Argentina. However, the Uruguayan president Jose Mujica is increasingly concerned about this energy dependence and the high costs it incurs.

Italy's Enel wins wind contracts in Brazil


Enel Green Power (EGP), a subsidiary of Italy’s Enel, has won a number of wind power contracts in the Brazilian state of Bahia, with a combined capacity of 30 MW.

Spanish firms take part in Mexican waste-to-energy project


Energia Sur de Europa, CLP Organogas and Tegner of Spain are to manage Mexico's biggest landfill site, and will use the waste to produce biogas for the production of electricity.

Banos V small hydro facility officially opens in Peru


Peru’s Volcan has recently inaugurated its Banos V hydropower plant. With its installed capacity of 9.5 MW, Banos V is part of the mining company’s strategy to become energy self-sufficient.

Chile seeks bids for 50 MW solar farm


Chile will seek bids by the first half of next year to build a solar farm of more than 50 MW in its Atacama desert.

IDB finances two wind projects in Uruguay


The Inter-American Development Bank (IDB) is to invest $107.7m in two wind farms in Uruguay,  El Libertador and Palmatir, which are part of the country's wind power development drive.

BNDES awards $10.8bn loan to Belo Monte


The Brazilian National Bank for Economic and Social development (BNDES) has granted a $10.8bn loan to the consortium in charge of building the controversial Belo Monte hydroelectric dam.

Colombia favours coal to meet increasing energy demand


Colombia is experiencing a growing demand for energy and needs to increase its electricity production. The government plans to address this by constructing more coal-fired power plants.

GE in $394m Brazilian deal for 230 wind turbines


GE (NYSE: GE) has won a $394m deal to provide 230 turbines to Brazilian wind farm developer Renova Energia.

Uruguayan wind farms in doubt due to financial constraints


Plans by Uruguay's government to promote the development of wind farms in the coming years might face delay due to a tightening in financing.