Brazil: Financing lines for residential solar energy to be launched this year

Financing lines created for residential solar energy production are to be launched in Brazil. These lines were announced in December 2015 and could trigger investments of up to BRL 100bn (EUR 24.53bn USD 27.64bn) over 15 years. An estimated 2.7 million homes, shops and plants are expected to generate energy for their own consumption by 2030. Only companies have had their financing lines released so far. The money could be released by BNDES , which can loan money for projects in schools and hospitals; and Banco do Brasil, which can loan money for the acquisition of solar panels. According to the Brazilian Ministry of Mines and Energy, a working group has until May 2016 to present financing proposals.

Chile: Solar and wind power schemes under construction triple since 2014 As of February 2016, there were 54 energy schemes in Chile totalling 4,051 MW, representing an increase of 108% since March 2014. During this same period, hydroelectricity generation under construction increased by 43%, from 653 MW to 935 MW, linked to the Los Condores project, with wind and solar power rising from 573 MW to 1,079 MW, signifying a tripling of capacity under construction. The construction of other non-conventional renewable energy projects fell from 91 MW in 2014 to 44 MW as of February 2016. Thermal power capacity under construction rose from 632 MW to 1,364 MW between 2014-2016, representing an increase of 116%, mostly linked to two major schemes, Kelar (from BHP Billiton) and Infraestructura Energetica Mejillones from Engie (formerly GDF Suez).

Chile: Energy tenders delayed until 27 July 2016

Chile's National Energy Commission (CNE) has postponed the tenders to supply electricity to regulated clients from 20 April 2016 to 27 July 2016. This will be the largest energy supply tender since 2006, with participants competing for 13,750 GWh per year, equivalent to a third of the power consumed by regulated customers.

Mexico: 20 clean energy generation permits granted in January-March 2016

Following Mexico's first energy auction, eighteen renewable energy bids were accepted ranging from 18 to 500MW projects and amounting to a total 2,0885MW of clean electricity which will be sold to the state owned utility CFE. The expected investment for this first auction totals 2.6 billion USD. Among the most recognisable companies of those that won in the first auction are Enel Green Power from Italy, SunPower Sytems from the U.S. and Aldesa from Spain.