Originally published on Sustainnovate. By Henry Lindon Peru recently awarded 185 megawatts (MW) of new solar photovoltaic (PV) contracts in a renewable energy solicitation, at record-low prices for a nation not offering any tax breaks for such development. Of the 185 MW of new project capacity, 144 MW relates to … [continued]
Originally published on Sustainnovate. By Henry Lindon Enel Green Power, a 2015 Zayed Future Energy Prize finalist, has entered into Peru’s marketplace, with the recent announcement of 3 new projects — one solar energy, one wind energy, and one hydroelectric. The 3 projects are all currently expected to enter service … [continued]
As the UN Rio+20 conference on sustainable development opened, the US international development bank announced it is investing in renewable energy and energy infrastructure funds focused on financing projects across Latin America, Southeast Asia and Sub-Saharan Africa. […]
Peru and other governments in South America, including Brazil and Uruguay’s, are making headway as they strive to develop renewable energy resources that reduce CO2 and greenhouse gas (GHG) emissions and environmental degradation while at the same time boosting economic activity and jobs growth. In doing so, they’re turning to reverse auctions, as opposed to Feed-in Tariffs (FiTs) or other incentives, as a market-based mechanism to foster growth of renewable energy capacity. […]
