Industry News

Argentina signs 94 MW of RenovAr round 2 contracts

Argentina has signed contracts with seven projects, with a combined capacity of 94.42 MW, winners in round 2 of its RenovAr renewable energy auction programme. more

Brazil allocates 806 MW of solar in A-4 auction, final average price drops to $35.2/MWh

Around 20 GW of solar PV projects were initially competing in the contest. PV was again the source with the largest share, accounting for around 80% of total assigned capacity. The final average price for solar was 118 BRL (US$35.2)/MWh. more

BNDES, KfW sign USD 142m credit line for renewables

December 22 (Renewables Now) - The Brazilian and German development banks, BNDES and KfW, signed on Wednesday a USD-141.72-million (EUR 119.58m) credit line to support renewable energy projects across the Latin American country. more

EIB finances wind and solar energy development in Peru with $150 million

The European Investment Bank (EIB) will provide $150 million to renewable energy production company Enel Green Power Perú (a local subsidiary of the Enel Group) to build and operate a wind farm and photovoltaic solar power plant currently under construction in the Andean country. more

Brazil awards 574 MW (AC) of solar in A-4 power auction

Solar was the prevailing source with an 85% share in all of the assigned capacity. Final average price for solar was 145.78 BRL ($43.88) /MWh.