El Salvador signs contracts for four PV projects at $51.48/MWh
Four PV projects totaling 119.9 MW were awarded in the second auction for renewable energy projects held in the Central American nation in January.
Sempra’s Ienova secures PPA for 110 MW of solar in Mexico
The Mexican gas and power provider has secured a 20-year PPA for a large-scale PV project in Mexico from local steelmaker Deacero. The $115 million plant will have a capacity of 110 MW.
Brasil’s BNDES finances renewable energy projects for isolated systems in Amazonas
Projects selected in an upcoming auction will have access to a financing scheme of the Climate Fund (Fundo Clima) managed by BNDES
Panama reports 46 MW of new large-scale solar capacity for 2016
With seven large-scale PV projects connected to the grid last year, Panama has reached a cumulative PV capacity of 89 MW.
Etrion posts $110.4 million net loss in 2016
The independent power producer recorded a net loss of $110.4 million from its continuing operations — up sharply from $27.5 million a year earlier — due to impairment expenses totalling $75.7 million, in addition to a net deferred tax write-off of $6.9 million.
Power Electronics provides 275 MW of inverters for two Mexican projects
The devices will be used by Spanish developer Iberdrola Renovables to build two large-scale PV projects in Sonora and San Luis de Potosí.
Over 50,000 distributed generation PV projects expected to come online in Mexico this year
Mexican company Conermex forecasts that investment for distributed generation projects (DGPV) in Mexico could reach $750 million between 2017 and 2018.
Chile registers increase in PV installations for self-consumption
PV systems installed under Chile’s net-metering scheme have reached 6.4 MW. The Chilean government has recently made it easier to install small-sized PV for self-consumption.
BREAKING: Brookfield to take over TerraForm Power, Global
Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.
Canadian Solar gets $20 million financing for PV project in Brazil
The Chinese-Canadian company has secured $20 million in funds to support the construction of a 191 MW PV plant in Brazil.
