News

SOWITEC Chile - PV project "Aurora del Huasco"

07.03.2016 – “After more than nine months of collaborative working, Vallenar's community representatives and SOWITEC Chile signed the first ...

SOWITEC developed Wind Farm Vientos de Pastorale in Uruguay reaches Financial Close at promising market conditions (Kopie 1)

07.03.2016 – SOWITEC announces financial close of wind farm Vientos de Pastorale. Madrid based renewable power generation company Bow Power will invest...

SOWITEC continuing to create international milestones: generating CO2 Certificates in Uruguay, establishing Business in Kenya

09.12.2015 – SOWITEC, one of Latin America’s leading project developer for renewable energy projects has reached a new milestone in their project...

Enel has startet construction of a SOWITEC-developed project in Mexico

04.11.2015 – The renewable subsidiary of Italian energy group Enel, Enel Green Power (EGP), has recently started construction of its 129 MW Palo Alto...

Market Presence

Convinced by wind power as energy source of the future, our aim is to promote and establish the use of this sustainable source of energy in foreign, emerging markets. Our team has currently over 50,000 MW of wind power under development at attractive sites with favourable wind conditions, good grid access and low conflict potential. This makes SOWITEC one of the leading project developers in Latin America and Russia.

With its local affiliated companies in Brazil, Argentina, Uruguay, Peru, Mexico, Colombia and Chile, SOWITEC is active in the most promising wind energy markets in Latin America as well as in Russia. Remarkable economic growth, lack of electricity generating capacity and a shortage of expensive fossil fuels make these markets attractive business spots for wind energy. Furthermore, the geographic locations provide excellent wind resources.

SOWITEC's success is based upon the combination of business experience, technical and commercial competence and a strong network of local capacities. These distinct features provide the foundation for previous projects and future ventures.

After the country has been hit hard by the economic crisis of 2001 - 2002, Argentina's economy has recovered to pre-crisis level and conditions for international investments are improving. Patagonia in the South of Argentina is one of the windiest regions in the world. The Argentinean Wind Energy Association Centro Regional de Energía Eólica (CREE) estimates the wind potential within the country at potentially some 100,000 MW. SOWITEC Argentina is active in the market since 2007.

Analysts project a total wind power potential for Brazil of 143,000 MW, due to some excellent wind resources found in the North-Eastern provinces. Due to early governmental support programs for renewable energies and recent tenders, Brasil has taken the lead among Latin Americas states and has nowadays an installed wind capacity of more than 1.000 MW, number growing rapidly. SOWITEC do Brasil is active in the country since 2003 already and has built up one of the largest local teams of the company group in their office in Salvador.

Chile has one of South America's most robust and open economies. The mining industry is the principle driver of Chile's high economic growth rate. After several energy crises in the nineties, Chile has passed a law requiring 20% of all generated electricity to be sourced from renewable sources such as wind power by 2020 to encourage the diversification of the energy sector. SOWITEC Chile develops wind energy projects in Chile from their office in Viña del Mar.

Wind resources in Colombia have been identified amongst the most promising in South America with a theoretical wind power potential of several Gigawatts. Still the country has installed only a few wind turbines up to now while the electricity sector is dominated by large hydro power plants and thermal energy. Despite Colombia’s rich deposits of energy sources like natural gas and coal reserves, the interest in its nonconventional renewable energy market is growing mainly due to climate concerns and predicted growing energy demands.
Colombia is expected to establish a framework for renewable energies within the upcoming years. As investments into the country have tax benefits and the economy has experienced a strong growth during the past years, this promising market opens up new excellent business opportunities for SOWITEC and helps expanding their market presence in the Latin America.
SOWITEC Energias Renovables de Colombia S.A.S. has been registered beginning of 2013 and will operate from their office in Bogota focusing on wind energy and solar project development in the country’s Northern regions.

Kazakhstan is located in the middle of Central Asia. The territory of Kazakhstan covers 2,724,900 km². It is the world's 9th largest country, the second largest country in the CIS and has borders with China, Kyrgyzstan, Turkmenistan, Uzbekistan and the Russian Federation. The population of Kazakhstan is 17 Mio. (01.01.2013) with a density of 5.7 people per km². The capital Astana (since December 1997) has an approximate population of 900,000 people.

Administrative and territorial structure: Kazakhstan has 14 administrative regions, 84 cities, 159 districts, 241 towns and 2,042 auls (rural villages). Kazakh and Russian are the official languages. The currency is the Tenge which is equal to 100 tyins. 1 Euro ≈ 200 KZT.

SOWITEC Kazakhstan LLP, registered in June 2013 in the capital of the country Astana is focusing on wind energy and also considering the solar project development in the Southern regions of KZ.

Wind. Kazakhstan is exceptionally rich in wind resources. About 50% of the territory has average wind speeds about 4-5 m/sec at a height of 30m, the deminimus figure for good technical potential wind energy development. In some estimates the wind potential of Kazakhstan forms about 1820 billion KW/h per year spread over the significant territory of Kazakhstan.

Solar. Average insolation duration: 2,200~3,000hr/yr.  Average insolation: 1,300~1,800kW/㎥/yr. Kazakhstan is the world’s second largest Silicon (main raw material of solar cell) reserve amount.

With the foundation of their subsidiary in Nairobi, Kenya, SOWITEC is planning to capture Africa with a team of local professionals starting the development of wind farms and solar parks in Kenya beginning of 2016 and being supported by the developer’s international expertise. The market appears very promising as Kenya aims to generate some 10% of the country's total capacity by 2030 as part of the country’s ambitious goal to add 5,000 MW of power on the national grid in the upcoming three years. Favorable wind resources have been detected in various parts Kenya with wind speeds ranging from 8 to 14 m/s.

 

 

Within the energy reform in November 2008, a new legislation has been passed addressing an increasing use of renewable energies and improvement of energy efficiency in the county. The Mexican energy ministry Secretaría de Energía, SENER has published new aims for the use of clean energy which include a 35% quota until 2024. In 2008, SOWITEC has founded its subsidiary SOWITEC Mexico to start development activities in the market.

Peru's national strategy for sustainable development in its energy sector is based on law N° 1002 (Law to promote generation of electricity by means of renewable energy systems) which was passed in 2008 by the Peruvian parliament. The law defines a national implementation plan for renewable energies including strategies that develop the use of renewable energies to improve the quality of life and protect the environment. A first power supply auction for small hydro, geothermal, wind and solar energy in 2010 has set the foundation for the expansion of renewable energy projects. SOWITEC Peru uses these frame conditions for project development activities in the country.

Although renewable energies are still barely significant in Russia (<1%), the governments goal is to increase the share of renewables up to 4.5% by 2020, while concrete legal frame conditions have not been defined yet. According to RAWI (Russian Agency of Wind Industry), wind energy could make up 10% of the countries electricity production and thus, SOWITEC has decided to enter the market and develops since 2009 wind farms in Russia through its subsidiary SOWITEC Russia OOO.

 

The latest entrant to the SOWITEC’s markets, Saudi Arabia, with a quarter of the world’s proven oil reserves and currently the largest producer of oil, it may certainly not appear to have any more appetite for energy but the picture has a another side too. It's the rapidly increasing domestic demand of energy due to rapidly growing population and strong industrialization activity calling for the installation of an impressive 54GW of Renewables by 2032. Lead by KAcare, the first three rounds of contracts are now expected to be awarded before 2015, with a view to creating more than 7GW of new capacity. This unquestionably makes it the most promising renewables market over the next 20 years.  

Although solar energy carries strongest expectations, there are unique opportunities for wind energy and many of the major players of the wind energy sector are already looking up to the market.

With an office planned in Riyadh and the foundation of a local subsidiary, SOWITEC Saudi Arabia LLC, SOWITEC's local team has already started its journey in the Saudi market with aims of becoming the leading wind developer in the country. SOWITEC is already in discussions with all relevant entities to ensure early yet risk-free market entry. 

Despite the high potential, there are handful of challenges to overcome. Beside the legal framework for supporting renewables and resource assessment, local content obligation remains the number 1 concern to be addressed but SOWITEC is confident to overcome this challenge by aligning itself with 3rd parties and be prepared in advance of the upcoming opportunities.  

Aside from conventional wind & solar power generation, SOWITEC is exploring another energy guzzling sector, Sea Water Desalination. The water scarce Saudi Arabia is the largest consumer of desalinated water and energy required to produce desalinate water is yet another area SOWITEC is currently exploring and keen to tap into.

SOWITEC is confident to not only penetrate the Saudi market in the foreseeable future but also expand into the MENASA region from its Riyadh-base in a strategic manner.

 

 

The Southeast Asian country has a Renewable Energy Development Plan in force including a 20.3% target to expand renewable energies in Thailand’s total energy mix by 2022 as well as a feed-in premium for solar, wind and other green energy projects.

Since the mid-nineties, the country seeks for regulations and programs to increase energy security by the use of alternative energy sources and spread green alternatives among communities. First approach by the government to provide financial support to introduce and promote new and renewable energy technologies has started with the Energy Conservation Program (ENCON) launched in 1992.

Thailand today has an installed wind turbines capacity of some 200 MW and boosted their photovoltaic installations up to 1.3 GW by introducing a feed in tariff for solar projects in 2014

Uruguay's government has defined clear goals and frame conditions for an expansion and rapid development of renewable energies: 500 MW of new capacities are planned to get connected to the national electricity grid until 2015. SOWITEC Uruguay entered the market in 2007 and is nowadays is one of the leading wind project developers in the country.

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