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.
Chile has announced that it will close eight coal-fired power stations over the next five years as part of a plan to switch entirely to renewable energy by 2040.
The Cuban government has ordered its state-run power system to further reduce electricity generation.
Korea East-West Power and Daelim Energy have signed a shareholder agreement on 18 April to jointly invest in a Chilean distributed solar power project.
Puerto Rico has enacted a law that requires the progressive elimination of fossil fuels as a source of power generation.