10 winners of energy innovation contest
The winners of the Ideas 2013 Energy Innovation Contest, an initiative to improve energy efficiency and expand access to renewable energy in Latin America and the Caribbean, were announced by the Inter-American Development Bank (IDB) in late December.
The contest is co-sponsored by the Nordic Development Fund, GDF Suez, the government of South Korea and the Multilateral Investment Fund. First launched in 2009, this was the fourth round of the contest, which was announced in April 2013. Out of 563 project ideas, the ten most innovative and cost efficient project ideas were selected to receive support.
There were two winning projects from Chile: one on hydrokinetic renewable energy (ocean and rivers) for isolated communities of Tierra del Fuego and Patagonia Austral, with capacity building for minorities; and a second one on ocean energy for remote and isolated villages in the Southern regions of Chile using etymol wave energy converters.
Other winners include a Nicaraguan proposal to use rice bran oil for producing biofuel; upgrading solar home systems for remote island end-users in Panama through remote monitoring, mobile payment and multi-source integration; and a solar energy assisted corn dryer in Ecuador.
The total project cost is USD 1 million.