Jose Ortiz, Executive Director of the power utility PREPA, said that Puerto Rico’s largest power plant could remain out of action for up to a year because of earthquake damage.
Mitsubishi Hitachi Power Systems Americas (MHPS), Patria Investments, and Shell have announced the signing of a contract with Brazil’s state-owned development bank BNDES to finance the gas-fired Marlim Azul Energia power plant, in Macaé, Rio de Janeiro state.
GE Renewable Energy has announced that it has been selected by Rio Energy for the production, delivery, installation, and commissioning of 30 Cypress onshore wind turbines, operating in a range from 4.8MW to 5.1MW.
ABB has announced that its digital solutions and energy services business has won a $2.5 million contract to upgrade Copel’s Governador José Richa hydropower plant.
Siemens has announced that it has expanded the three largest power plants in Bolivia, providing an additional 1GW to the country’s grid.
Although policy uncertainty is spreading across Latin America, strong regulatory frameworks are keeping the region’s utilities on the right track.
By Julyana Yokota, Senior Director and Sector Lead, Infrastructure and Utilities, Latin America, S&P Global Ratings.
The European Investment Bank (EIB) has announced that it will provide €150 million credit to boost Brazil’s portfolio of renewable energy.
A preliminary report from Edesur, one of Argentina’s largest electricity distributors, problems with two 500 kV transmission lines were the proximate cause of the national blackout on 16 June.
Authorities are trying to restore power after a large electrical failure plunged much of South America into darkness, with millions still affected.
Statkraft has announced that it will start construction of the 51.6 MW Los Lagos hydropower plant in Chile in August 2019.