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Latin America

23 May 2013

Martifer Solar to build Latin America’s largest PV plant backed by IFC and Nafin

Martifer Solar is set to build Latin America’s largest PV plant in Mexico, funded by local development bank Nafin, the International Finance Corporation, and Corporación Aura Solar.

21 May 2013

Alterra, EDC complete JV agreement for South American geothermal projects

Canadian geothermal developer Alterra Power has completed a joint venture agreement with Philippines-focused Energy Development Corporation (EDC) for the development of a portfolio of South American projects.

21 May 2013

Ecopower seeks permit for $250m Chile wind plant

Chilean renewable energy developer Ecopower has filed for permits to develop a $250m wind farm in the country’s Los Lagos region.

20 May 2013

SunEdison seeks IFC funding for 50MW solar plant in Chile

SunEdison is seeking funding from the World Bank’s private-sector financing arm to build a 50MW solar plant in Chile that will export energy to the Chilean Central Interconnected System, selling it at commercial prices.

20 May 2013

Gamesa confirms meeting Brazil’s local content rules

Gamesa has confirmed reports that the company now meets Brazil’s local content requirements for the wind sector that were put in place four months ago.

17 May 2013

Globeleq begins operation of 44MW Nicaraguan wind project

Emerging markets power company Globeleq has inaugurated its 44MW Eolo de Nicaragua wind farm in the country.

16 May 2013

Opposition groups delay Vestas’ 396MW Mexican wind farm

Danish wind supplier Vestas has confirmed its 396MW Mareña Renovables project in Mexico has been delayed.

15 May 2013

Brazil to install 9GW of wind capacity by 2017

Brazil’s wind industry is rapidly gaining momentum, with over 1.1GW installed between 2011 and 2012, and a total of 9GW expected by 2017.

15 May 2013

DloHaiti taps $3.4m VC funding to bring clean water to Haiti

‘For-profit, for-good’ start-up dloHaiti has raised $3.4m in Series A funding to bring clean and affordable water to communities across Haiti.

13 May 2013

BNDES loans $150m to GranInvest’s next-generation ethanol plant

Brazil’s National Social and Economic Development Bank has agreed to lend BRL300.3m to GranInvest subsidiary Bioflex Agroindustrial for the build of a next-generation bioenergy plant.

8 May 2013

World’s cheapest wind in focus for GE’s Brazilian deal win

General Electric will sell BRL1.8bn ($895.3m) of turbines to Brazilian group Bioenergy Geradora de Energia, which wants to develop the cheapest wind power in the world.

7 May 2013

Gamesa offloads 70MW of Mexican wind to Iberdrola

Spanish turbine manufacturer Gamesa has sold a 70MW development in Mexico to utility Iberdrola.

1 May 2013

Suntech gives restructuring update as deadlines loom

Suntech’s efforts to restructure both its Chinese and European units are on-going as the company works to meet tight creditor and administrator deadlines.

1 May 2013

US Geothermal begins drilling at El Ceibillo Project

US Geothermal has begun drilling well EC-1 at its El Ceibillo Project in Guatemala marking the next stage in the project’s development.

29 April 2013

Actis sets $750m target for third energy fund

Emerging markets focused private equity firm Actis is reportedly looking to raise $750m for its third energy fund.

29 April 2013

TPG Capital slashes target for renewables fund to $350mp

Global private equity firm TPG Capital has slashed the target for its renewable energy fund by almost half as the International Finance Corporation mulls allocating $25m to the vehicle.

29 April 2013

Deal round-up: Brazilian wind industry kicks up a gearp

Brazil’s renewables industry has this week shown the results of a strong push toward wind energy over the past week, with IPOs, acquisitions, and joint ventures.

25 April 2013

Honda invests $50m in 27MW Brazilian wind farm

A local unit of Honda Motor will invest $50m in the establishment of a 27MW wind farm in Brazil.

18 April 2013

Cellulosic specialist GranBio Investimentos takes 25% share of American Process

Brazilian cellulosic-ethanol maker GranBio Investimentos has taken a minority in American Process, a technology developer, and will go on to use its equipment to process sugar-cane into chemicals.

18 April 2013

Spain’s Enerstar turns to Chile for $700m renewables spend

Spanish power company Enerstar plans to invest $700m on renewable energy projects in northern Chile.

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