Renewable energies in South America

investment in renewable energy

In recent years in Latin America several energy reforms to lead to an exponential development of renewable energy.

The most benefited was solar, which is currently renewable technology cheaper and accessible globally.

For example, in Colombia photovoltaic energy is part of a program called PaZa the Stream, which brings light and hope to areas that for years were obscured by armed conflicts and drug trafficking.

On the other hand, countries like Chile that in 2012 the country only had 5MW of solar energy, today they have more than 362MW and 873 MW under construction.

low solar energy price

Chile

Within the different countries of Latin America, Chile is the one that leads the incorporation of this type of energy. Several reports indicate that “with its strong market for large-scale services, Chile led the region in photovoltaic installations in 2014, which represents more than three quarters of the total from Latin America". He also adds that only “in the fourth quarter Chile installed twice the amount of the annual total for Latin America in 2013.

The most relevant thing is that Chile started in 2013 with only 11 megawatts of installed solar capacity. The speed with which the country has advanced has positioned it as the region's leader, ahead of Mexico and Brazil, in terms of growth.

solar energy

In fact, Chile has invested more than  7.000 million in the development of renewable energies during the last seven years, which also include biomass, hydroelectric, wind.

An example of this are the more than 80 solar and wind projects approved in recent years.

wind farm

Argentina

Argentina too which had remained indifferent and apathetic to the renewable revolution, has begun to break the ice and promote solar energy. In Jujuy, for example, there is a 100% solar energy town that has demonstrated the change that is taking place in Argentina. The country expects to generate 8% of its national energy matrix using renewable sources in a couple of years.

Mexico

Mexico has inaugurated this year the last phase of one of the largest solar plants in Latin America. Aura Solar I was installed in Baja California Sur in just seven months and as of September 2013 it began to convert the sun's rays into alternating current, which already reaches a part of the country.

solar energy and light price

This year, the plant will open in its entirety, generating clean energy to feed millions of Mexicans. Its facilities occupy 100 hectares of La Paz Industrial Park. The Mexican government highlights that the Aura Solar plant with 131.800 cells will reduce pollution by 60 thousand tons of CO2 per year.

Peru

Also countries like Peru are promoting the use of solar energy. The challenge of the sector is to bring energy to 2,2 million Peruvians in rural areas through the extension of networks and unconventional solutions such as solar panels, for which a financing, installation, operation and maintenance project will be awarded. up to 500 thousand solar panels.

Other countries

En Panama, 31 companies participated in the first tender for the procurement of large-scale solar energy last year. The project is putting out to tender 66 MW with a investment of about $ 120 million

Guatemala It has one of the largest photovoltaic plants in the region with 5 MW of power and about 20 thousand solar panels. This week Eduardo Font, General Manager of the Painsa paper industry, said that they have planned an investment of 12 million dollars in an 8MW solar plant.

The German Development Bank (KFW) awarded El Salvador a loan for 30 million dollars for credits to small and medium-sized renewable energy companies, mainly solar. The Government of El Salvador and three electric power companies signed four contracts for the production and supply of 94 megawatts of solar energy for an amount close to 250 million dollars.

Honduras It is the leading country in solar in all of Central America and the third in growth in Latin America. In a short time, it has established a dozen solar plants in Choluteca and other regions of the country.

In 2013 China and Costa Rica signed agreements for 30 million dollars to finance the installation of 50 thousand solar panels. Also at the beginning of this year the Costa Rican Electricity Institute (ICE) announced the progress of a pilot plan for the use of residential solar energy that aims to reach 600 thousand customers. In the last 7 years, 1,700 billion dollars have been INVESTED in various renewable energy projects (solar, wind, hydroelectric, among others).

costa-rica-only-uses-renewable-energy-to-produce-electricity


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