Latin America

Uruguay to invest $2.6 billion in Wind energy

The drought that is affecting Brazil so much is also undermining Uruguay and its large dependance on hydro energy ( 74 percent of local electricity ). The current alternative to hydro is oil. So the country will invest $2.6 billion ( 2.3 billion euros ) in wind energy in the next couple of years.

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Chile is preparing a carbon tax

It seems taxing carbon is becoming a really popular idea as Chile is the latest to consider it as Reuters reported recently. The country would be the first to do so in South America and the second in Latin America after Mexico. As Climate Progress reports, this tax would concern only utilities and thermal plants

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Latin America moves forward on renewable energy

While I write mostly about the United States, Europe or China, a lot is happening in other regions of the world. An example of this is the growth of renewable energy sources in Latin America. Lately, I have come across a few large projects in this region. In Chile, a 300 MW solar project worth

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Nicaragua develops its renewable energy potential

According to El Pais, Nicaragua and its six million inhabitants could get 90 % of its electricity from renewables by 2020. To date, the country is already getting 58 percent of its electricity from clean sources. Enjoying huge amounts of sun and wind it could also benefit from large reserves of geothermal energy. Indeed, if

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