The big Spanish firms as well as the medium and small renewable energy companies have given the boost and grown exponentially in recent years in some regions.
In Spain? no, unfortunately that exponential growth I'm talking about is not in Spain but Spanish brands.
One of the regions we can talk about is Latin America that, in just a few years ago has promoted renewable energies thanks to the help of Spanish renewable companies.
With the change in the situation of this segment in Spain and the business opportunities, Spanish companies increase their presence not only in this region.
This growth supposes in the 4 years prior to 2017 that no less than one 83% in Latam, having some of the leading companies in this sector in Spain, according to the report Latin America and Spain.
This document details that only in 2016 the Spanish companies have participated in 33 projects linked to non-conventional renewable energies (NCRE) in Latin America, obtaining their presence in triplicate in addition to being these companies as the main international references.
On the other hand, already in 2017 this business is expected to continue expanding. Although Latam's main source is hydraulic energy, when seeing these data and opportunities in these previous years, NCRE has increased, with wind energy being the leading source, ahead of biomass and solar energy.
According to the report cited above (Latin America and Spain) the evolution of renewable energies in 10 countries is analyzed What; Brazil, Mexico, Chile, Uruguay, Costa Rica, Guatemala, Argentina, Peru, Panama and Honduras.
The first 3 (Brazil, Mexico and Chile) are identified as the most attractive to invest in renewables when detecting a spectacular growth of this type of alternative energy, mainly wind as mentioned above, in the last 10 years.
Therefore, what Latam has opted for NCRE and thus cover its energy deficit It has turned the region into an "El Dorado" as they point out.
Analysis of renewables in different countries
On the other hand, the impetus to bet strongly on renewables is seen thanks to the internationalization effort in addition to the opportunities that some countries are having but nevertheless, Spain, a country that "for years was a leader" in these energies has diminished. is it possible if we have several recognized companies of such caliber? the approvals of certain regulations together with the cuts in public aid in these years of crisis have not helped much to achieve the desired objective even knowing that Spain has one of the largest installed powers.
To check this is as easy as going to the report "Latin America and Spain".
Spain in 2015 for example, it had the electricity production (referring of course to that of renewable origin) with only 37%.
Meanwhile, in the same year, in Costa Rica reached 99% followed by Uruguay with 94,5%. If we go down production we have Brazil with 73,5%, Guatemala with 68,4% and in Colombia and Panama 67,9%.
Of course, electricity production decreases in Honduras, Chile, Argentina, Mexico and Peru with 44,3%, 41,6%, 24,8%, 15,3% and only 3% respectively.
We see how Spain is placed in 4th position starting from the bottom of this list.
Therefore, it is logical to see how the preferred Spanish destination is Latam Brazil, one of the countries that invests the most in renewables, from Elecnor to Iberdrola and Solatio.
Likewise, Iberdrola, Acciona, Gestamp, EYRA… have a high presence in Mexico, the sixth most attractive country in the world for alternative energies, especially wind power.
As third and fourth investors in NCRE, we see Chile and Uruguay with solar and wind energy, where some of the companies already mentioned are located, in addition to Abengoa, Gamesa, Ecoener, Montealto, T-Solar, Solarpack, Urbaser among many others.
Mauricio Macri, Argentine President, in a visit to Spain said: "Argentina is going to be a power again, but in renewable energies", thus increasing the presence of these companies after sign 16 contracts for renewable projects.
Spanish companies succeed outside of Spain, so much so that even Belize (Central America bordering Mexico to the north) is interested in having Spanish renewables soon.