Uruguay to be the Home of the World's Cheapest Solar Energy

Uruguay to be the Home of the World?s Cheapest Solar Energy from The Daily Energy Report. Like this? Watch the latest episode of The Daily Energy Report on Blip! http://blip.tv/the-daily-energy-report/watch Uruguay to be the Home of the World?s Cheapest Solar Energy Uruguay is about to offer contracts to purchase power from 200 megawatts of solar farms at $90/MWh, which is almost half the cost of power in Germany and China. President Jose Mujica is expected to sign a bill requiring national power utility Administraci?n Nacional de Usinas y Transmisiones El?ctricas to acquire electricity from projects at that rate. The country is already at the forefront of offering rock-bottom renewable energy prices. 80% of the nation?s electricity is from hydroelectric, with costs averaging $80/MWh. http://www.renewableenergyworld.com/rea/news/article/2013/03/latin-america-report-uruguay-future-home-of-the-worlds-cheapest-solar-energy?cmpid=rss Building Chile?s Chacayes Hydro Plant; Leads to Cleaner Energy A year has passed since Pacific Hydro inaugurated its 111-MW Chacayes run-of river plant in Chile. The US$450 million hydroelectric plant plays a vital role in the countryapos;s energy supply mix, as Chile is facing the need to increase its energy supply. The Chacayes plant is able to generate 560 GWh of annually, which is estimated to provide clean energy to more than 300,000 homes. Sustainable energy generation at Chacayes will subdue 357,000 tons of greenhouse has pollution every year ? the equivalent of removing more than 155,000 vehicles off the road. http://www.renewableenergyworld.com/rea/news/article/2013/03/building-the-chacayes-hydropower-plant-and-contributing-to-cleaner-energy-in-chile?cmpid=rss US Geothermal Inc Secures Balance of $11.8 M Treasury Grant U.S. Geothermal Inc., a renewable- energy producer with projects in three Western states and Guatemala, has acquired the balance of a Treasury Department grant of $11.8 million for a project in Nevada. The San Emidio facility is expected to generate 75,000 megawatt hours annually. The company is also developing a project about nine miles from Guatemala City and plans are under way for the development of a power-purchase agreement. http://www.renewableenergyworld.com/rea/news/article/2013/03/u-s-geothermal-receives-balance-of-11-8-million-treasury-grant?cmpid=rss New Book Inspires to Pursue Energy Transformation Journalist Osha Gray Davidson recently released a book called Clean Break. The book is about how the Germans systematically shifted to clean energy. As they proceeded, they discovered that the possibilities were greater, the costs lower, and the benefits for ordinary citizens more surprising than anyone could have foreseen. Clean Break is the story of how committed German citizens have achieved remarkable energy change. The book can surely help Americans understand that they don?t have to be left behind. http://www.renewableenergyworld.com/rea/blog/post/2013/03/clean-break-inspires-americans-to-pursue-energy-change?cmpid=rss See all episodes of The Daily Energy Report http://blip.tv/the-daily-energy-report#EpisodeArchive Visit The Daily Energy Report's series page http://blip.tv/the-daily-energy-report