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Solar Power Becoming World’s Cheapest Form of Electricity Production, Analysts Say
Solar power is becoming the cheapest way to generate electricity, according to leading analysts. Data produced by Bloomberg New Energy Finance (BNEF) showed the cost of solar in 58 lower-income countries – including China, Brazil and India – had fallen…
With New Pledges and New Projects, Developing Countries Take Clean Energy Lead Globally
Developing countries have made unprecedented pledges to consume more clean energy tomorrow even as they are leading the way today with record new wind and solar project completions, the latest edition of Climatescope concludes realised yesterday. Climatescope, the clean energy…
World Bank Approves $1.8 Million Grant to Boost Chilean Geothermal Market
The World Bank Board has approved a US$1.8 million Clean Technology Fund grant to strengthen the Chilean Ministry of Energy’s capacity to further develop the country’s geothermal sector and improve its energy security. The grant will contribute to Chile’s Energy…
Chile Has So Much Solar Energy It’s Giving It Away for Free
Chile’s solar industry has expanded so quickly that it’s giving electricity away for free. Spot prices reached zero in parts of the country on 113 days through April, a number that’s on track to beat last year’s total of 192…
100 MW-AC Solar Project to Power the Santiago Metro
SunPower and Total’s Pelican solar project will supply 42% of the subway system’s electricity needs, and a wind plant will supply another 18%. Today SunPower, Total and Chilean President Michelle Bachelet announced a solar project that will supply 42% of…
Stand with Chileans! Demand Protection for Chile’s Glaciers
Chile is home to 82% of the glaciers in South America. These glaciers constitute one of the largest freshwater reserves in the world. They are also vital to the preservation of vulnerable local ecosystems and biodiversity, particularly in times of…