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Governo Italiano

The development of renewable energy in Latin America: opportunities for Italian businesses



The development of renewable energy in Latin America: opportunities for Italian businesses

The development of renewable energy in Latin America and opportunities for Italian companies in the sector will be the theme of the Forum being organised by the Ministry for Foreign Affairs in collaboration with the Inter-American Development Bank (IDB), the Italian-Latin American Institute (IILA) and the Energy Services Operator (GSE).

On 14 March 2011, the GSE and the MFA signed a Convention on energy saving and the development of renewable energy sources. The Convention has paved the way for intense and fruitful collaboration, not least with a view to promoting renewable Italy’s energy industry abroad.

The Forum is one of the events scheduled in the run-up to the 5th Italy-Latin America and Caribbean Conference taking place in Rome on 5-6 October. Its aim is to raise awareness of the potential of the Latin American market and the support and guarantees available to our companies. The Forum will involve Italian and Latin American government and international financial institutions, as well as technological research centres and leading companies interested in launching or stepping up their activities in Latin America.

The proceedings will open with addresses by the Hon. Scotti and the Hon. Saglia, the Secretaries of State for Foreign Affairs and Economic Development respectively. Also speaking will be the Argentinean and Panaman Secretaries of State as part of the analysis of the situation in Latin America. This will be followed by an analysis of Italy’s action in support of renewable energy, with a presentation on success stories in the sector.

The afternoon programme will include thematic sessions dedicated to cooperation and investment opportunities in the countries of Latin America and the financial instruments available to companies.

A publication produced by the IILA in collaboration with the United Nations Economic Commission for Latin America (ECLA), entitled “Latin America and the Caribbean: the energy challenge”, will also be presented.

The Inter-American Development Bank will be illustrating the financial instruments available to incentivise sustainable development in the region’s energy sector. An important role will also be played by ENEL which, through its subsidiary ENEL Green Power, is very active in the renewable energy sector in Argentina, Brazil, Chile, Colombia, Costa Rica, El Salvador, Guatemala, Panama and Peru.



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