Canadian Solar Wins 253 MWp Solar, 1,000 MWh BESS Project in Chile

Solar PV modules manufacturer and large scale solar project developer Canadian Solar has announced that the company has been awarded a 253 MWp solar plus 1,000 MWh battery energy storage project called ‘Zaldivar Project’ in Chile’s public tender held by Chile’s Energy National Commission (CNE) in July 2022. The official statement of Canadian Solar held […]

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Analysing The Landscape For Energy Transition In LatAm Region

AMI (Americas Market Intelligence) Energy Practice has recently published a report shedding light on the untapped opportunities, challenges, investment potential in energy transition in the Latin America region. The findings of the report are as under. Lucrative Market For Operators & Investors In Suriname David Abiamofo, Minister of Natural Resources of the Republic of Suriname, […]

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Gas Lobby Hinders RE Transition In Chile

The Gas lobby is throwing a spanner in the transition to renewable energy in Chile which likes to present itself as a worldwide leader on climate change. Solar and wind projects have been developed across North Chile. But, across most of South Chile people use wood for combustion. A report recently published liberally quoted Chile’s […]

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Chile to Hold 5.25GWh RE Auctions Over Next 15 Years

The Chilean Energy Regulator (CNE) has launched an auction to provide 5.25GWh of electricity to the national grid. This will take placevover a period of 15 years and the addition of electricity will begin from 2027. The new information has been shared by the Regulator on its website. According to the latest note, the consultation […]

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Chile to Double its Energy Storage Capacity Together with AES

In line with the objective of achieving carbon neutrality, Chile and AES have joined forces to accelerate the country’s energy transition by increasing their battery-based energy storage capacity, Santiago-based AES Andes announced recently. Within the framework of the company’s participation in the 2021 United Nations Climate Change Conference – known as COP26 – which takes […]

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Lowest Bid of $0.01332/kWh Reported in Chile’s Renewables Auction

The National Energy Commission of Chile (CNE) held a 2.31 TWh/year renewable energy auction last week, in which the lowest bid was submitted for $0.01332/kWh for a solar PV project. 29 bidders took part in the bidding process, which was conducted by Empresas Eléctricas AG and by Enel, to provide electricity to the National Electric System […]

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Mainstream Renewable Power Closes Financing for Chilean Solar-Wind Farm

Global wind and solar company Mainstream Renewable Power has achieved financial close for the third and final phase of its “Andes Renovables” wind and solar platform in Chile. The  US$182 million in debt raised will be used to build the “Copihue” phase which consists of one wind farm, named Camán, located in central Chile. The […]

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Atlas Renewable Energy Wins Accolades in Latin America

Miami-based Atlas Renewable Energy has been awarded IJGlobal’s 2020 Latin America Sponsor of the Year Award for the company’s contributions to accelerating the region’s transformation to clean energy. In just 2020, the company signed three major financing contracts: Ananuca worth USD 253 Million, Lar do Sol – Casablanca worth USD 150 million and New Juazeiro […]

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Chile EDPR Acquires 628 MW Wind and Solar Portfolio in Chilean Market

Spain-headquartered renewable energy company EDP Renewables (EDP Renováveis) recently announced that it has signed agreements to acquire a 628 MW wind and solar portfolio in Chile, with commercial operations expected to commence between 2023 and 2025. The transaction has been reached through two separate agreements with Atacama Energy and Lader Energy for a total consideration […]

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