Bolivia is considered to have great potential for green energy production, including solar, wind, hydro, geothermal and biomass. Hydro currently makes up the majority, contributing over a quarter of generation in 2018,
UKSOL, a leading provider of solar solutions, proudly announces a ground breaking achievement in the renewable energy sector. The company has successfully secured a substantial order for 2 megawatts of its cutting-edge 670-watt solar modules to be deployed in San Ignacio de Velasco, Bolivia.
Despite hosting the largest solar power plant in Bolivia, Ancotanga has problems accessing this basic service. It receives electricity from Eucaliptos, another Oruro community, where conventional energy is produced.
Given Bolivia''s strong and consistent solar radiation, the country has high potential to expand its photovoltaic energy production capacity, and new plants with an additional capacity of 300 MW are already being studied.
A 50 MW expansion to the Oruro Photovoltaic Solar Plant, located in central Bolivia, was inaugurated on Wednesday. Bolivian President Luis Arce announced the completion of the project via
Ende Guaracachi, a subsidiary of Bolivia''s state energy company Ende Corporación, has announced a tender for the development of the 20 MW Viru Viru solar project. This new solar plant will be located in the department of Santa Cruz and is expected to require an investment of approximately $24 million.
Despite hosting the largest solar power plant in Bolivia, Ancotanga has problems accessing this basic service. It receives electricity from Eucaliptos, another Oruro community, where conventional energy is produced.
A 2021 study projected that Bolivia could achieve 2 GW of renewable energy capacity by 2030. In March 2021, the Bolivian government introduced Supreme Decree 4477 which allows owners of small sized, distributed generated renewable energy systems (primarily solar) to sell excess power to the grid.
Bolivia is considered to have great potential for green energy production, including solar, wind, hydro, geothermal and biomass. Hydro currently makes up the majority, contributing over a quarter of generation in 2018, according to IRENA data.
Bolivia''s next largest solar plant is located in Uyuni, Potosí in the southwest of the country with 60MW capacity and others of smaller capacity, around 5MW, are installed in Pando and Beni in the north and Tarija in the south.
Given Bolivia''s strong and consistent solar radiation, the country has high potential to expand its photovoltaic energy production capacity, and new plants with an additional capacity of 300 MW are already being studied.
The Bolivian energy sector, which is almost completely nationalized, is headed by the MHE (Ministerio de Hidrocarburos del Estado Plurinacional de Bolivia) whose mission, according to their website, is to create policies that promote the integrated development of the energy sector in a manner that is equitable and in harmony with Mother Earth.
"Bolivia strives to become LatAm's green energy leader - Xinhua | English.news.cn". XinhuaNet. October 1, 2018.{ {cite web}}: CS1 maint: url-status (link) ↑ 43.0 43.1 "Bolivia largest solar plant comes on line". Smart Energy International. February 16, 2021. ↑ "Bolivia can achieve 2GW of renewables capacity by 2030 – study".
However, as of 2020, nearly two-thirds of Bolivia's electricity was still being generated from fossil fuels (65%), with an additional 29.3% coming from hydro (down from 31.7% in 2019), 2.5% from solar (up from 1.9%), 0.6% from wind, and 2.6% from other renewable sources.
The AJAM (Autoridad Jurisdiccional Administrativa Minera) is responsible for permitting and exploration licenses. The main regulatory bodies in Bolivia are: AE (Authority of Fiscalization and Social Control of Energy), the Vice Ministry of Electricity and Alternative Energy, and the Vice Ministry of High Energy Technologies.
Bolivia's overall energy mix is dominated by fossil fuels, with natural gas (50%) and petroleum products (31%) supplying most of the country's energy in 2020. In 2021, Bolivia's national electricity agency ENDE announced its intention to generate up to 80% of the country's power from renewable sources by 2025.
49.0 49.1 "China enters Bolivia's steel industry". Dialogo Chino. July 22, 2015. ↑ 50.0 50.1 "Bolivia boosts steel industry with $446 million investment". Agencia EFE. April 2, 2018.
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