The long awaited Regulatory Decree of the Ley 1715 on RE has finally been released (read it now). This major development could finally unlock Colombia's huge solar potential.Read More
With more than 25% of its land designated as protected areas (whether as national parks or natural reserves) and an electric grid mostly relying on hydro power combined with geothermal and wind energy, Costa Rica is one of the most well-known examples of successful nature conservation and efficient renewable energy use in the world. Some might then wonder: what role did solar energy play in the country and what is to be expected for the future?
ABB, the leading power and automation technology group, has been the inverter supplier of choice for a joint project with Enertiva Energia Alternativa. The project is unique for Central America: for the first time, a solar installation on the roof of a football stadium – and not just any football stadium, but the iconic Estadio Alejandro Morera Soto, locally called “La Catedral (the Cathedral) of Costa Rican football”, home of the La Liga Deportiva Alajuelense football club.
SunEdison, Inc. (Belmont, California, U.S.) on June 16th, 2015 announced that it has signed a definitive agreement to acquire 100 percent of Globeleq Mesoamerica Energy (GME), Central America's leading renewable energy company.Read More
Enel Green Power (Rome, Italy) has completed and connected its first solar photovoltaic (PV) plant in Panama to the grid. The Chiriquí solar facility is located 400 km west of Panama City, 90 km away from Enel Green Power’s Fortuna hydropower plant.
With a total installed capacity of 12 MW, the new PV plant can generate over 19 GWh of solar power annually, equivalent to the annual power consumption needs of more than 16,000 local households, Enel notes.
A long-awaited boom in Brazilian solar power is in doubt owing to concerns over financing.
With up to 2 GW of power coming up for auction this year, developers are likely to find their only source of funding is a bank that requires local content… at a time when manufacturers are loathe to set up shop in Brazil because of currency devaluations.Read More
Latin America is forecast to install 2.2GW of PV in 2015, a 352% increase from 625MW in 2014, according to the recently released 'Q1 2015 Latin American PV Playbook' report from GTM Research.Read More
In the latest edition of the ”Latin America PV Playbook”, GTM Research (Boston, MA, U.S.) forecasts Honduras to install 460 megawatts of solar photovoltaic (PV) generation capacity in 2015. This puts Honduras second in the rankings, behind perennial PV market leader Chile, which is expected to install 1 gigawatt in 2015.
Mexico, Latin's America's No. 2 installer in 2014, will be bumped into third place, according to GTM Research.