World record low bid of $0.03399/kWh for CSP technology in Chile’s renewables auction
The bid was submitted for the 390 MW Likana Concentrated Solar Power (CSP) project under development by EIG Global Energy Partners.
Chile’s renewables auction attracts lowest bid of $0.01332/kWh
Canadian Solar Libertador Solar Holding SpA submitted the lowest bid for a PV project in Chile’s latest clean energy auction.
New approach promises reduced impacts in lithium mining
Research institutes in Germany and Chile are investigating the potential of extracting lithium and other minerals, as well as drinking water, from brines used in geothermal energy. The concept could greatly reduce the environmental impacts of mining in northern Chile. The project has set up a demonstration of the technology at a geothermal power plant in western Germany, and is working to identify optimal sites in Chile for further development.
New renewables cheaper than legacy coal or gas for almost half the world’s population
Electricity bill payers in nations as diverse as Germany, Greece, India and China should be aware new solar projects can now generate electricity cheaper for them than legacy coal and gas-fired plants.
Plug-and-play mobile PV system to power solar parks’ construction sites
A Spanish renewable energy company has installed its first, pilot mobile PV unit at a new detention center in Chile.
Latin America’s first liquid air storage project
The 50 MW Highview Enlasa project will be located in Diego de Almagro, in Chile’s Atacama Region.
IEA highlights solar’s dependence on Chinese copper processing
The sheer volume of new power lines which will be required to accommodate the rising tide of solar installations ensures copper has been included by the International Energy Agency on its list of minerals which must keep flowing if the energy transition is to stay on course. And it’s not production that’s the potential bottleneck.
Another 2 GW of solar under review in Chile
The Chilean environmental authorities are currently scrutinizing the projects Solar La Pampina (160 MW), Gabriela (220 MW), Ghungnam Kcs (709 MW of PV and 300 MW of CSP), Pelequén (175 MWp), and Planta Solar Sol del Loa (640 MW).
Botswana tops list of world’s ‘super abundant’ renewables nations
A Carbon Tracker report estimates 60% of the world’s technical solar potential – enough to produce 3.5 exawatt-hours of clean electricity per year – would already be cheaper than fossil fuel if installed. Of the remainder, most would be in sub-Saharan Africa, a region which has the potential to be a global solar and wind powerhouse.
China’s Covid recovery saw green bond issuance rebound in second half of 2020
The $18bn worth of sustainable finance instruments floated in the nation last year marked a retreat from previous highs but, with most of the bonds issued from July onwards, the recovery is under way, according to the IFC, which is anticipating a more-than-$100 billion sector in emerging markets over the next three years.
