Latin America renewable energy tenders

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Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, rain, tides, waves, and geothermal heat. Renewable energy stands in contrast to fossil fuels, which are being used far more quickly than they are being replenished. Although most renewable energy sources are sustainable, some are not. For example, some biomass sources are considered unsustainable at current rates of exploitation. Renewable energy often provides energy in four important areas: electricity generation, air and water heating/cooling, transportation, and rural (off-grid) energy services. About 20% of humans' global energy consumption is renewables, including almost 30% of electricity. About 8% of energy consumption is traditional biomass, but this is declining. Over 4% of energy consumption is heat energy from modern renewables, such as solar water heating, and over 6% electricity. Globally there are over 10 million jobs associated with the renewable energy industries, with solar photovoltaics being the largest renewable employer. Renewable energy systems are rapidly becoming more efficient and cheaper and their share of total energy consumption is increasing, with a large majority of worldwide newly installed electricity capacity being renewable. In most countries, photovoltaic solar or onshore wind are the cheapest new-build electricity. Many nations around the world already have renewable energy contributing more than 20% of their energy supply, with some generating over half their electricity from renewables. National renewable energy markets are projected to continue to grow strongly in the 2020s and beyond. A few countries generate all their electricity using renewable energy. Renewable energy resources exist over wide geographical areas, in contrast to fossil fuels, which are concentrated in a limited number of countries. Deployment of renewable energy and energy efficiency technologies is resulting in significant energy security, climate change mitigation, and economic benefits. However, renewables are being hindered by hundreds of billions of dollars of fossil fuel subsidies. In international public opinion surveys, there is strong support for promoting renewable sources such as solar power and wind power. Renewable energy technology projects are typically large-scale, but they are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. As most of the renewable energy technologies provide electricity, renewable energy is often deployed together with further electrification, which has several benefits: electricity can be converted to heat, can be converted into mechanical energy with high efficiency, and is clean at the point of consumption. In addition, electrification with renewable energy is more efficient and therefore leads to significant reductions in primary energy requirements.

Latin America is the portion of the Americas comprising countries and regions where Romance languages—languages that derived from Latin—such as Spanish, Portuguese, and French are predominantly spoken. The term was originally used to refer to places in the Americas that were ruled under the Spanish, Portuguese, and French empires. Latin America consists of 20 countries and 14 dependent territories that cover an area that stretches from Mexico to Tierra del Fuego and includes much of the Caribbean. It has an area of approximately 19,197,000 km2 (7,412,000 sq mi), almost 13% of the Earth's land surface area. As of March 2, 2020, the population of Latin America and the Caribbean was estimated at more than 652 million, and in 2019, Latin America had a combined nominal GDP of US$5,188,250 million and a GDP PPP of US$10,284,588 million. Countries in Latin America - Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, the Dominican Republic, Uruguay.