News from Latin America

Latin America news and information covering new development, environmental studies, multilateral bank financing, and company acquisitions.

World Regions-388_2903568
Hydro TC Seperator Image v2

Latest Latin America News

IRENA reports on low renewable energy costs

Renewable costs (including hydro) competitive with fossil, report finds

01/22/2015

The cost to generate power from renewable sources (including hydro) has reached parity with or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a recent press release from the International Renewable Energy Agency.

Sogamoso hydro online in Colombia

820-MW Sogamoso hydro project begins operating in Colombia

01/21/2015

The 820-MW Sogamoso project in Colombia is now complete, following six years of construction, with the official opening celebrated Jan. 15.

Voith ships massive turbine runner to Brazil's 11,200-MW Belo Monte hydropower plant

01/19/2015

Voith Hydro has shipped the largest runner ever produced at its manufacturing plant in Manaus, Brazil, as work continues on the 11,200-MW Belo Monte hydroelectric plant.

CFE awards contract to build Chicoasen 2 hydro

More than $380 million awarded to build 240-MW Chicoasen 2 hydro plant in Mexico

01/13/2015

Comision Federal de Electricidad (CFE) of Mexico has awarded a $386.4 million contract to a consortium to build the 240-MW Chicoasen 2 hydro plant.

Production begins at Peru's 5.3-MW Canchayllo small hydro plant

01/02/2015

British power developer Rurelec has begun production at the 5.3-MW Canchayllo hydropower project, which is located on the Pachacayo River in Peru's Junin province.

Guadeloupe

Contract awarded to build US$35.3 million Moreau hydroelectric project in Guadeloupe

12/31/2014

On Dec. 11, the Conseil General de la Guadeloupe awarded a US$35.3 million contract to Gaddarkhan consortium leader and son: Gaddarkhan et Fils/Getelec TP/Antilles Geotechnique of Baie-Mahault, Guadeloupe, to build Moreau Dam on Basse-Terre in the commune of Goyave.

Chihuido I hydroelectric project

Russian-backed Argentine-Spanish consortium funds US$1.84 billion, 637-MW Chihuido I hydro

12/23/2014

Argentina's Planning Ministry awarded the 637-MW Chihuido I hydroelectric project to an Argentine-Spanish consortium backed by Russian financing, which will require a US$1.84 billion investment. Minister of Planning and Public Investment Julio de Vido and Minister of Economy Axel Kicillof made the announcement, Dec. 22. 

Georgia

Sakartvelos Banki invests US$45 million in Georgia’s hydroelectric future

12/22/2014

Sakartvelos Banki (Bank of Georgia) announced it is investing US$45 million in the 30-MW Mestia Chaladidi hydroelectric project on the Mestiachala River, which will use water from the Chaladi Glacier in Mestia, Svaneti, Georgia.  

Most Read Articles