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Fotowatio Reports Major Advances In Renewable Energy Markets In Chile & Mexico
The start of 2018 brought significantly positive developments for the Madrid-based Fotowatio Renewable Ventures, as it reported major developments from renewable energy markets in Mexico and Chile. Chile recently held an auction for the supply of 2,200 gigawatt-hours (GWh) of…
IEA Highlights Chile’s Potential As Renewable Energy Behemoth
The International Energy Agency has this week published a new report highlighting the emergence of Chile as one of the world’s growing renewable energy destinations, thanks to second-to-none resources and increasingly forward-looking policies. In its second in-depth review of Chile’s…
Enel Commissions Largest Solar Project In South America
Italian developer Enel’s subsidiary Enel Green Power Brasil Participações (EGPB) announced the operation of two solar power plants located in Brazil with an aggregate capacity of 546 megawatts. The two solar plants include the 254 megawatt Ituverava and the 292…
Latin American Renewables Sector Enjoys Twin Funding Boost
Latin America’s fast-expanding renewables sector received a twin-boost this week as two leading developers announced they had secured funding for giant wind farm projects in Chile and Mexico. Mainstream Renewable Power announced yesterday that its Chilean joint venture Aela Energía…
This Is how Santiago, Chile Plans to Fight Against Climate Change
Reducing inequality, securing water supplies and strengthening disaster prevention is crucial to bolster Chile’s quake-prone capital against climate change and other hazards, Santiago’s authorities said. In a new strategy to make the city more resilient, they laid out plans this…
China to Take Leadership Position on Energy Storage in East Asia-Pacific Region, World Bank Says
China likely will become the largest energy storage market in the East Asia & Pacific region, with a potential to install about 9 GW of utility-scale and behind-the-meter systems in 2025, according to the World Bank. In its latest report…
Climate Change Will Lead to Annual Coral Bleaching, UN-Supported Study Predicts
If current trends continue and the world fails to reduce greenhouse gas emissions, nearly all of the world’s coral reefs will suffer severe bleaching – the gravest threat to one of the Earth’s most important ecosystems – on annual basis,…