Latin America bets on a green recovery after Covid-19: More renewables will be implemented
South America saw the fastest hydropower growth rate after the East Asia and Pacific region in 2019 with close to 5,172 MW of capacity added
Chile has almost 16 GW and Argentina almost 33 GW of hydropower potential
The region is moving to a diversified renewable electricity mix. Countries like Colombia, Venezuela and Ecuador have installed hydropower capacity exceeding two thirds of the electricity share
In 2019, Brazil surpassed China with 4,919 MW of added capacity. Mainly due to the completion of the 11,233 MW Belo Monte hydropower plant
Brazil’s government has included four hydropower plants among the projects that will receive support as part of the country’s new energy investment programme: Bem Querer (650 MW), Tabajara (430 MW), Castanheira (140 MW), and Telemaco Borba (118 MW)
Chile has an ambitious goal of producing 60 per cent of its electricity from renewable energy resources by 2035, hydropower represents 28% ofthe country´s installed capacity
In Argentina´s hydropower represents 28 % of installed capacity
In Paraguay, the 2040 national energy policy aims at using more renewable resources
Uruguay is looking to decarbonize other sectors of the economy by taking advantage of its renewable resources
Peru´s commitment to become energy self-sufficient by 2040, plans on several hydropower plants to enter into operation in the coming years
Bolivia, has a project in the pipeline, the 147 MW Banda Azul hydropower plant. ENDE Corani, the state-owned company, is looking for financiers for the US$300 million investment, with the aim of launching the call to construct it during 2020
MIEL II HYDROPOWER PLANT
STATUS
Deciding Investment proposal
INVESTMENT
US $ 200 Million
CAPACITY
120 MW
The Miel II Hydroelectric Power Plant is a project for generating clean and environmentally friendly energy, it captures the water of the La Miel River by means of an 8 meter high and 25 wide water reservoir that allows the river flow guaranteeing life downstream. It will be able to generate 120 megawatts.
RIO CHILÍ HYDROPOWER PROJECT
COMPANY
Energías del Río Chilí
STATUS
Awaiting decision to build; Active
INVESTMENT
US $ 141 Million
CAPACITY
66 MW
The project considers the construction and operation of a run-of-river power generation plant, using the waters of the Chilí River, which will be captured near the El Placer sector. The project will be located in the municipality of Roncesvalles, in the department of Tolima. The hydroelectric generation project and its related activities consist of surface and underground works, with a power capacity of 66 MW.
SAN BARTOLOMÉ AND OIBITA HYDROPOWER PROJECTS
COMPANY
PCH San Bartolomé
STATUS
Feasibility; Active
INVESTMENT
US $ 120 Million
CAPACITY
19,9 MW + 19,9 MW
The hydroelectric projects of San Bartolomé and Oibita consist of the construction, operation and maintenance of two hydroelectric plants located in the municipalities of Oiba and Guapotá (approximately 149 km south of Bucaramanga) in the department of Santander. Both plants are water-edge, each will have an installed capacity of 19.9 MW and collectively generate 280 GWh of clean energy per year. The projects will be connected to the National Interconnected System (SIN) through an 11.4 km transmission line.
SAN ANDRES HYDROPOWER PLANT
COMPANY
Omega Grip Development Corp
STATUS
In Construction; Active
INVESTMENT
US $ 60 Million
CAPACITY
23 MW
The San Andrés hydroelectric project includes the construction and operation of a hydroelectric plant in the homonymous river, 126 km north of Medellín. The plant will capture a flow of 5 m3/s from the San Andrés River through an intake pipe 20 m long (1.5 m wide) located at 2,368 meters above sea level. With a capacity factor of 86%, the plant is programmed to generate an annual average of 172.5 GWh. The energy generated will be injected into the national network of the country through the Yarumal II substation. Project capacity is 23 MW.
PIJAO HYDROPOWER PLANT
COMPANY
Sociedad Hidrogeneradora Pijao
STATUS
Environmental License Approved
INVESTMENT
US $ 250 Million
CAPACITY
20 MW
The Regional Autonomous Corporation of Tolima (Cortolima) granted the environmental license for 20 years for the execution of an electric power generation project that will be built on the Totare River, whose area of influence will be the municipalities of Venadillo, Anzoátegui and Alvarado, in
northern Tolima.
HIDRONARE
COMPANY
Nare Group
STATUS
Advanced Design & Engineering; Active
INVESTMENT
-
CAPACITY
19 MW
The Hidronare hydroelectric plant is important for the energy supply of eastern Antioquia. It will be located in the municipality of San Carlos. Plant capacity is 19 MW.
SAN ANDRÉS DE CUÉRQUITA
COMPANY
CELSIA
STATUS
Advanced Design & Engineering; Active
INVESTMENT
-
CAPACITY
19.9 MW
This project is considered a water edge and does not require a reservoir, but takes a part of the water directly from the river, without altering its quantity or quality. The project will generate 19.9 megawatts, and will power 25,000 homes.
TULPAS
COMPANY
Latinco
STATUS
Design phase
INVESTMENT
-
CAPACITY
48 MW
Tulpas hydroelectric power plant will be located in the municipalities of Victoria Alta and Victoria Baja.