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Colombia’s first solar and wind power auction: 1298GW awarded to 3 solar farms and 5 onshore wind plants

After almost two years of planning and one failed attempt, Colombia has successfully had its first renewables auction with long-term PPAs secured. Considering Colombia’s market with great potential, many international players, such as Acciona, Canadian Solar, Enel Green Power, EDFR, Solarpack and Trina Solar all showed interest in participating. In this auction, seven electricity generators secured 15-year PPAs for 1298 MW of new wind and solar capacity spread over three solar and five onshore w...
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Vector Cuatro in El Salvador: The role of the Technical Advisor in the financing of PV projects

The company has participated in the industry meeting ‘Experience in the integration of photovoltaic in power grids of Spain and El Salvador’ organized by the Spanish Photovoltaic Industry Association UNEF, that has brought together some of the most important players in the energy sector in these countries. In the event, held on March 9th in San Salvador, Héctor Hernández (in charge of Vector Cuatro’s Engineering department in Latin America) presented on the basis of Vector Cuatro’s experience th...
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Vector Cuatro positions itself as reference technical advisor for the next renewable energies auction in Mexico

As deadlines are approaching, market players are now moving faster in order to get everything ready for the first and most awaited renewable auction in Mexico. The expectations surrounding the auction are high: by 2018, 5% of the energy produced by the CFE (Comisión Federal de Electricidad), Mexico’s main energy distributor, should come from clean resources, thus, it is expected that CFE buys up to 2,500MW through this auction. The final version of the tender documents (Bases de Licitación para ...
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Chile prepares itself for new energy tenders

In line with the prosperous evolvement of the renewable energy market during recent years and the boom that experienced above all the solar PV industry (with, as of December 2015, 750 MW in operation, an additional 2,270 MW under construction as well as further 14.4 GW in different development stages), Chile continues experiencing promising expansions in its renewable energy industry. After the announcement of the Ministry of Energy in October 2015 that in 2050 no less than 70 per cent of the Ch...
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