Latin America Climate, Energy and Environment News: 3/10 - 3/16/2012

Latin America Climate, Energy and Environment News: 3/10 - 3/16/2012 | Amanda Maxwell's

Latin America Climate, Energy and Environment News: 3/10 - 3/16/2012

Positive news for the non-conventional renewable energy sector made headlines this week in Chile. At a solar energy conference, a senior vice-president of the international company First Solar announced that the cost of solar had dropped by 50 percent in the past three years , and is now competitive with natural gas and diesel. (El Mercurio 03/14/2012). Two new photovoltaic plants were unanimously approved in the country’s arid northern regions, bringing a combined investment of 152 million dollars and a combined installed capacity of 54 megawatts. (Revista Electricidad 03/16/2012) Four companies –one Chilean and three foreign—are racing to open the first geothermal plant in Chile by 2015 . The sector has attracted a good deal of interest: by the end of 2011, the Ministry of Energy had granted approximately 70 exploration and exploitation concessions for geothermal energy....

Full article: http://switchboard.nrdc.org/blogs/amaxwell/latin_america_...

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