The Latin American and Caribbean region is among one of the prime places in the world where the conditions, abundance of natural resources and enabling political climate have fostered a fruitful environment for the development of renewable energy sources. All of these factors have resulted in a booming solar industry that is set to exceed even the expectations of all players involved.
Last Thursday, Miami witnessed the first annual Unlocking Solar Capital LATAM event, co-hosted by Solarplaza and the Inter-American Investment Corporation (IIC) and attended by investors, project developers and solar energy experts from more than 30 countries. During the event, attendees explored strategies to overcome financing hurdles in Latin America and the Caribbean and create bankable solar PV projects. The goal was to shape the future of solar power in the region
Solar is gaining ground in Latin America, but challenges remain, from financing, permitting and local content laws to the need to lower costs while maintaining quality as prices tumble at auction.
This is the #3 in a 4-episode series highlighting leaders in Distributed Solar Generation in Latin America and the Caribbean, brought to you in collaboration with Solarplaza as part of their upcoming Unlocking Solar Capital LATAM conference.
As Brazil’s development bank BNDES announces its first solar loan, we take a look at the difficulties of financing PV projects in Brazil.
Haiti’s energy market is in a period of rapid transition driven in large part by the framing of a national Renewable Energy roadmap and Investment plan, the preparation of policy and fiscal incentives for the renewable energy market, and the commitment of funding from the Climate Investment Funds.
IIC - The paths to solar bankability of four countries - Chile, Mexico, Brazil and Argentina - in Latin America and the Caribbean can provide lessons for the region and beyond.
Latin America is among the few regions in the world where conditions come as close to perfect as possible for the development of renewable energy sources. The region’s abundant natural resources are coupled with an enabling political climate resulting in a booming solar industry. To keep up-to-date on the newly established projects, Solarplaza presents the list of Top 30 Latin American operational plants. This overview comes as a precursor to our LatAm-focused event Unlocking Solar Capital LATAM. The conference is set to take place on 15-16th of June in Miami, an important financial hub for the Latin American region.
With around five percent of the region still without electricity, Latin America offers ample opportunities for solar solutions for off-grid households.