Latin America News

Latest news and developments from Latin America region

• Chile plans to invest USD717 million in transmission projects during 2021

  March 8, 2021
  In 2021, Chile plans to expand its national transmission system by implementing 128 new projects, cumulatively valued at USD717 million.

• Brazilian TAESA prepares business expansion plan up to 2030 [free access]

  March 4, 2021
  Brazil electric power transmission company, Transmissora Alianca de Energia Eletrica SA (TAESA), is preparing a new business plan to expand its operations in the country over the next decade, by increasing participation in the transmission auctions held by Brazilian energy regulator Agência Nacional de Energia Elétrica (ANEEL), and merger and acquisition operations.

• Peruvian ProInversión qualifies seven companies for transmission concession

  March 3, 2021
  As per news reports, Peru's investment promotion agency ProInversión has qualified six companies and one consortium for power transmission concession in the Madre de Dios and Piura regions.

• Latin American CAF approves USD300 million for Uruguay's transmission network

  March 3, 2021
  The Corporacion Andina de Fomento (CAF), or the Development Bank of Latin America, has approved a loan of USD300 million to Uruguay's state-run power company, Administracion Nacional de Usinas y Trasmisiones Electricas (UTE), for implementing the Electric Sector Strengthening Programme – Phase III.

• ITAIPU grants USD203 million to ANDE to strengthen Paraguayan electricity system

  March 1, 2021
  Recently, the Paraguayan government approved financial support of USD203 million for the country’s state-owned power company, Administración Nacional de Electricidad (ANDE), from Itaipu Binacional, operator of the Itaipu hydro power project (HPP) on Paraná River at the Brazil–Paraguay border.

• Colombian EPM installs first 500 kV transformer at the 2.4 GW Ituango HEP

  February 23, 2021
  Recently, Colombian Empresas Públicas de Medellín E.S.P. (EPM) has installed the first 500 kV transformer at the 2.4 GW Ituango hydroelectric project (HEP), of the planned 25 high voltage transformers.

• Brazilian Cadehas initiates analysing EDP’s transmission acquisition

  February 22, 2021
  As per news reports, Brazil’s competition regulator Cadehas has started analysing the acquisition by Portugal’s Energias de Portugal (EDP) of Mata Grande Transmissora de Energia (MGTE)—a consortium formed by IG Distribuição e Transmissão de Energia and ESS Energias Renováveis.

• Colombian UPME aborts tender for grid-scale energy storage system

  February 18, 2021
  Colombian mining and energy planning unit, Unidad de Planeación Minero Energética (UPME), had to abort an initial attempt to award a supervisory contract for the country's first grid-scale, energy storage project, due to lack of interest.

• Brazilian Celgpar approves privatisation of CELG GT [free access]

  February 15, 2021
  Brazilian Celgpar – a holding company owned by the state government of Goiás, which controls Celg Geração e Transmissão S.A. (CELG GT), has decided to continue the process of selling its shares in the latter, in addition to its holdings in other projects.

• Dominican Republic’s ETED launches optic fibre services

  February 11, 2021
  The Dominican Republic transmission utility, Empresa de Transmision Electrica Dominicana (ETED), has launched a new telecommunications division to provide optic fibre services, and has allocated DOP750 million for the same.

• Panama’s ETESA to invest USD5.13 million in 100 MVA transformer installation

  February 10, 2021
  Recently, Panama’s state-owned electricity transmission company, Empresa de Transmision Electrica (ETESA), has earmarked an investment of USD5.13 million for the installation of a new 100 MVA transformer at the La Chorrera substation, in place of the existing one installed in 1995.

• Ecuador’s CELEC EP to build Las Orquídeas transmission system

  February 8, 2021
  Ecuador's state-owned power company, La Empresa Pública Estratégica Corporación Eléctrica del Ecuador (CELEC EP), via its transmission unit Transelectric, will construct the 230 kV Las Orquídeas transmission system, valued at USD45.6 million.

• Chilean CEN launches international tender for Kimal–Lo Aguirre HVDC Project

  February 1, 2021
  Chilean national electricity system, Coordinador Eléctrico Nacional (CEN), has officially launched an international tender for awarding the rights of execution for the Kimal–Lo Aguirre high voltage direct current (HVDC) project.

• Colombian UPME launches tender for Pacific transmission project [free access]

  February 1, 2021
  Colombian mining and energy planning unit, Unidad de Planeación Minero Energética (UPME), has launched a tender for power transmission facilities to be implemented in the western part of the country.

• Ecopetrol presents non-binding offer to acquire stake in Colombian ISA

  February 1, 2021
  Recently, the Colombian oil and gas company Ecopetrol (88.5 per cent state-owned), has presented a non-bidding offer to acquire 51.4 per cent stakes in Colombian power company Interconexión Eléctrica's (ISA), which is owned by the government of Colombia.

• Ecuador’s CELEC EP presents EIA study for 230 kV Tanicuchí transmission system

  January 26, 2021
  Ecuador's state-owned power company, La Empresa Pública Estratégica Corporación Eléctrica del Ecuador (CELEC EP), via its transmission unit Transelectric, presented the environmental impact assessment (EIA) study of the new 230 kV Tanicuchí transmission system in a public assembly.

• Brazil adds 6,160 km of transmission lines and 14,500 MVA of capacity in 2020

  January 25, 2021
  Brazilian energy regulator, Agência Nacional de Energia Elétrica (ANEEL), confirmed that 6,159 km of new transmission lines and 14,485 MVA of transformer capacity were added to the Brazilian transmission network during 2020.

• Chilean CEN publishes USD717-million transmission expansion proposal for 2021

  January 25, 2021
  The Chilean national electricity system coordinator, Coordinador Eléctrico Nacional (CEN), has published its expansion proposal for the national transmission network, which comprises of around 128 projects cumulatively valued at around USD717 million.

• Colombian UPME launches tender for grid-scale energy storage system [free access]

  January 25, 2021
  Colombian mining and energy planning unit, Unidad de Planeación Minero Energética (UPME), has launched a tender for establishing the country's first grid-scale, energy storage project under its efforts to reinforce power supply on the Caribbean coast.

• Chilean CEN calls for international tender for 27 transmission projects

  January 20, 2021
  The Chilean national electricity system coordinator, Coordinador Eléctrico Nacional (CEN), has invited international bids for awarding 27 transmission projects cumulatively valued at more than USD160 million.