More Latin America Power Generation News

Brazil serves notice of power tender schedule


Brazil's A-3 power tender has been scheduled to take place on 25 October this year, according to a notice in the country’s official gazette by the Energy and Mining Ministry.

Noja Power wins $12m deal to boost Brazil’s grid


Australia-headquartered switchgear engineers Noja Power has won a $12m deal to boost the safety and reliability of Brazil’s electricity supply.

Solar firm REC breaks into Argentina market


Norway headquartered solar panel supplier REC has completed its first installation in Argentina.

$1.5bn in power plant projects under development in Mexico


The Mexican Energy Agency is building $1.5bn in new power plants.

Peru must double energy investment, says former energy minister


Current investment levels in Peru’s energy sector, totaling $12.6bn, will be insufficient to meet growing demand over the next ten years, warns Jaime Quijandria, the former energy and mining minister.

Batista forced to cede control of power company to E.ON


Brazilian tycoon Eike Batista has handed over control of MPX, the billionaire’s power company, to co-investor E.ON in a bid to clear his debts.

Acciona Energia to own its first wind farm in Chile


Acciona Energia of Spain is to begin constructing the 45 MW Punta Palmeras wind farm, which will be the first such power plant owned by the Spanish company in the promising Chilean wind market.

Iberdrola exits Chilean electricity market


Spain’s Iberdrola has withdrawn from Chile's power market after selling its 55 per cent stake in utility Electrica Lican SA for $55m

Siepac nations push for greater inter-regional integration


The member countries of the newly operating Central American Electrical Interconnection System (Siepac) are keen to cooperate with their neighbouring countries.

BNDES loan completes financing of Alto Sertao II


The Brazilian National Development Bank (BNDES) has extended a $270m loan to the renewable energy company Renova Energia, completing the project financing of its Alto Sertao II wind complex.

El Salvador to hit 70% renewable energy within five years


The CEL (Comisión Ejecutiva Hidroeléctrica del Río Lempa) has said that investments in geothermal, photovoltaic, wind and hydro over the next five years will mean the share of renewables in El Salvador’s energy mix will rise to 65-70 per cent.

Feature: Insufficient project pipeline may trigger energy crisis in Chile


The growth in electricity demand in Chile is one of the fastest in Latin America. According to figures from CNE, the national energy commission, the country will need an additional 2700 MW by 2020 to meet this demand. However, there is growing concern that the projects currently underway will not be enough to meet demand.

Renewables will surpass gas and nuclear by 2016 says IEA


Renewable power generation worldwide will surpass both gas and nuclear by 2016 according to the International Energy Agency.

Chile’s 90 MW Talinay wind farm inaugurated


Italy’s Enel Green Power has inaugurated its 90 MW Talinay wind farm, its first wind power asset in Chile.

CPFL Renovaveis acquires Rosa dos Ventos for $46m


Brazilian company CPFL Renovaveis has finalized the purchase of local wind developer, Rosa dos Ventos Geracao e Comercializacao de Energia for $46m.

Diesel genset market to hit $41bn by 2018


The global diesel generator set market will grow and be worth $41bn by 2018 despite competition from natural gas gensets, claims a new report.

Ansaldo wins 600 MW plant deal in Egypt


Italy’s Ansaldo Energia has won a contract for a 600 MW gas plant in Egypt which the company says it will complete in 14 months.

China tops table for renewables investment: India best for conventional power


China is currently the best country in the world for renewable energy investment, while India has the strongest potential for conventional power investors, according to a new report.

El Salvador extends submission date for 350 MW tender


El Salvador's CNE, the national energy commission, has extended the deadline for submitting tenders for projects totaling 350 MW to September.


Rurelec behind Peruvian hydropower plant


The Inter-American Investment Corporation has provided an injection of $7.2m towards the Canchayllo hydroelectric power project on the Pachacayo River in Junin, Peru. The project finance is now fully complete.