GE forms new deal to break into Chile’s wind power

Chile's wind power - Flag of Chile

GE will be bringing new wind turbines to Chile GE Renewable Energy has announced that it has made its first wind power deal in Chile. The deal was made with Arroyo Energy Compania de EnergiasRenovablesLimitada. GE will be responsible for supplying six new 3.6 megawatt wind turbines to the new project. These turbines will be delivered to the south of the country in the coming months and will help Chile bolster its clean power production and further distance itself from fossil-fuels. Wind power may help Chile abandon fossil-fuels Chile has…

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Chile solar energy sector reaches another major milestone

Chile is generating so much solar power that some of it is being given away for free In Chile, the solar energy space is experiencing aggressive growth. The country has been investing heavily in the development of its solar sector in order to take advantage of new economic opportunities and become more environmentally friendly. The Chile solar energy space has grown so quickly, however, that the country is now giving away electricity generated by solar power systems for free. This highlights how far Chile has come in embracing renewable energy.…

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Developing countries are embracing solar power

Solar is becoming more affordable, making it ideal for developing countries The cost of solar energy is falling, making this form of clean power more attractive to those living in developing countries. Several developing countries have begun to embrace solar energy in order to save money on the energy they consume and reduce their reliance on foreign sources of power. In fact, developing countries accounted for more new solar installations than developed countries last year, making the developing world a more attractive market for solar developers. Solar market likely to…

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Solar energy is the cheapest form of power in Chile

The cost of solar power has dropped dramatically in Chile Solar energy has become the least expensive form on power in Chile, according to a report from Deutsche Bank. The organization has been examining the solar energy market in Chile, finding that the country’s recent auction of contracts for renewable energy projects resulted in some 1,200 gigawatt-hours of clean energy projects being rewarded to various organizations. With the cost of solar energy falling rapidly, Chile may serve as an example of how quickly the solar market can grow. Chile seeks…

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Solar energy developer wins support from development fund

SunEdison will receive $175 million from development fund fed by TerraForm Power and JPMorgan Capital SunEdison, a global manufacturer of solar energy technologies, has announced that it will be tapping into a $175 million development fund fed by JPMorgan Capital and TerraForm Power. This fund is mean to support the development of new solar technologies and projects, offering the companies behind these endeavors the financial support they need. The funds will help SunEdison continue research and development on projects through the rest of the year and into 2015. Solar energy…

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Geothermal energy powers greenhouse and generates incredible outcome

The greenhouse, located in Chile, is the first in the nation to be fully heated by geothermal power. Based in the commune of Lampa, which is near the South American country’s capital, Santiago, the greenhouse geothermal energy project has produced outstanding results that include not only good crop yields, but sustainability decreased input costs. The temperature is dynamically controlled by the system. The temperature is controlled based on the needs of certain crops. This is said to decrease production times, lower costs for farmers and boost yields. The head of…

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Yingli Solar reaches a milestone in the solar energy field

Company has supplied some 10 GW worth of photovoltaic modules worldwide Yingli Solar, a leading producer of photovoltaic modules, has reached a major milestone. The company has announced that it has supplied a cumulative 10 gigawatts worth of solar modules globally. The company suggests that when these modules are fully operational, they have the potential to generate a combined 12 billion kilowatt-hours worth of electrical power every year. This is enough to power some 4 million average homes or meet 20% of China’s residential energy demand. Majority of solar shipments…

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New solar energy projects take root in Chile

Chile approves solar energy power plants Two new solar energy plants have been approved by the Environmental Evaluation Service of Chile. These facilities will boast of a combined solar energy capacity of 181 megawatts and are expected to help reduce the country’s reliance on fossil-fuels to some degree. The new power plants are likely to begin construction by the end of the year and may begin producing electrical power at some point in the summer of 2014. Plants boast of a combined 181MW capacity Both solar energy plants are being…

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Chile may be the most attractive solar energy market

Solar energy continues to show strong progress in Chile Chile may be one of the most attractive solar energy markets in the world. The country boasts of no feed-in tariffs or other subsidies supporting the adoption of solar energy, but it has managed to establish a very powerful stance in the global market and many innovative solar energy projects have been flocking to the country in recent years. A new report from Deutsche Bank, a global banking firm based in Germany, suggests that Chile is likely to continue seeing strong…

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Solar energy makes progress in Chile

Chile Solar Energy Market

Solar energy infrastructure begins to mature in Chile Chile is quickly establishing itself as a leader in the solar energy field. The country has taken aggressive steps in its support of solar energy and the development of a sustainable infrastructure. Thus far, the country remains somewhat behind others in the solar field, but it is gaining momentum that could help it overcome others in the long term. The Chilean Center for Renewable Energy has released a new report that highlights the growth of the country’s solar energy infrastructure. Total of…

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Chile solar energy industry poised for rapid growth

Chile Solar Energy

Chile solar energy industry to benefit from interest from the government and foreign countries Chile has become a very strong advocate of solar energy. The country has been embracing solar energy for the past several years, but it was not until 2012 that the nation began attracting attention from large companies in the solar energy industry. Backed by the attention it has been receiving from these companies, Chile is now moving ahead with plans to bolster its solar energy capacity. The country’s National Energy Commission has released a new report…

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Solar energy set for aggressive growth in Latin America

Solar Energy Big Year

Report highlights the growing trend of solar energy in Latin America and the Caribbean The Americas hold a great deal of promise when it comes to solar energy. In the U.S., solar energy is receiving a significant amount of support that seems to grow by the day. South American countries have begun embracing solar energy in an aggressive manner, hoping to take advantage of the economic benefits that could be had from abandoning fossil-fuels. A new report from Solarbuzz, a solar energy market research firm, shows that the demand for…

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Siemens teams with Pattern Energy to build new project in California

Fuel Cell Industry - Partnership

Siemens and Pattern Energy to bring new wind farm online in California by 2013 Siemens Energy, one of the world’s leading wind turbine manufacturers, has entered into an agreement with Pattern Energy, a leading alternative energy company in North America. Through this new partnership, the two companies aim to create a new wind energy project in Southern California, known as Ocotillo. The new project would bring a respectable amount of clean electricity to the state and could even be online as soon as 2013. California shows modest interest in wind…

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Chile to host solar energy trade mission

Chile Solar Energy

Chile will be target of new solar energy trade missions from Solarplaza Santiago, Chile’s capital city, will be the host for the International PV Trade Mission: Chile, which will take place from November 12 to 16 this year. The initiative is being promoted by Solarplaza, a Dutch company devoted to solar energy trade missions and conferences around the world. The trade missions aims to bring entrepreneurs from all over the world together in Chile to explore ways to develop the burgeoning solar energy market of the country. Country has vast…

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Companies team to boost solar energy in Chile

Chile solar energy

Partnership aims to install new solar energy plant in Chile Sky Solar, a developer of solar energy systems, Sigdo Koppers, a Chilean conglomeration operating in numerous industries, and the China Development Bank have entered into an agreement that will bring a new solar energy power plan to Chile. The collaboration is expected to boost the solar energy capacity seen throughout South America. If successful, the initiative may also help establish a grid-parity solar energy market in the region. Such a feat may have a powerful impact on the Chilean economy…

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Chile looks to increase development of solar energy

Chile solar energy

Solar energy growth in Chile. Chile is on track to becoming the first Latin American nation to attain the status of a developed country. The country has been working to establish itself as an economic force and improve its business and political infrastructure for more than a decade. As of 2010, Chile’s GDP was more than $15m000 per capita – significantly higher than its neighbors. The country’s economy is estimated to have grown by 6.5% in 2011, a trend that is expected to continue. Chile may be on track toward…

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