Latin America

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IEEFA Mexico: What Can Happen When an Emerging Market Opens Up to Wind and Solar

IEEFA Mexico: What Can Happen When an Emerging Market Opens Up to Wind and Solar

Two Big Auctions in 2016 Were Heavily Oversubscribed and Resulted in Record Low Prices

Twice in 2016 Mexico held two renewable power auctions that raised significant investor participation. The most recent, in September, saw 23 winning bids out of a pool of 57 to build renewable projects worth $4 billion for 2,871 megawatts of new capacity. More important, the average price at the auctions was US$33.47 per megawatt hour, […]

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IEEFA Latin America: Indications, in the Activity of an Italian Company, of How Emerging Markets Are ‘Skipping a Generation’ and Going Straight to Renewables

IEEFA Latin America: Indications, in the Activity of an Italian Company, of How Emerging Markets Are ‘Skipping a Generation’ and Going Straight to Renewables

ENEL Is Betting That Developing Economies Will Go Big on Solar, Wind, and Hydro

In its updated plan for 2017-2019, the Italian utility ENEL SpA has expanded its earnings targets with an aggressive capital-expenditure program for 6.7 gigawatts of renewable energy capacity. And that’s just over the next three years, which probably makes ENEL the largest single investor globally at the moment in such capacity. Of crucial note here: […]

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Argentina Pushes for $20 Billion in Renewables Investments

Benedict Mander for the Financial Times: With a large expanse of semi-desert in its north, Argentina is one of the windiest and sunniest places in the world. Centre-right president Mauricio Macri is hoping to attract up to $20bn over the next decade as part of a target to generate a fifth of Argentina’s power from […]

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Uruguay to Rival Denmark on Wind Energy

Ken Parks for Bloomberg News: Uruguay expects to almost triple its use of wind power as investors plow $2.6 billion into installing more turbines. The goal is to generate as much as 38 percent of its power from wind by the end of 2017, up from about 13 percent now, cementing Uruguay’s position as South […]

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