New figures from regulator UPME show nearly 70% of all energy projects currently proposed are solar, setting the scene for growth spurt in the country using auctions to catch up on the renewable front.
Firm believes long-term renewable growth is assured but trims €400m EBITDA guidance for next year, amid talk of pandemic disrupting construction timetables.
Plans by investor to develop US$450m grid-connected plant mark latest move of a series by international firms plotting solar megaprojects in high-irradiation region of Antofagasta.
Deal touted as "largest solar contract" ever signed in Brazil will support development of 330MW PV plant in southeast of country, set to power miner's nickel and iron operations.
Chile and Colombia targeted for major buildout of PV and wind, Atlas issues US$253m green bond for Chilean projects, Voltalia’s largest PV project to supply resin group.
López Obrador says ‘people were cheated’ as he publicly endorses plans to reopen green energy auction contracts, signed as part of his predecessor’s ‘failed’ energy reform.
Top markets Brazil and Mexico hold risks but also rewards if firms can look beyond headlines of political volatility, say local developers, lawyers and lobbyists approached for an upcoming PV Tech Power feature.
