North and South America Renewable Energy Policy Handbook 2025

Table of Contents

Table of Contents

1 Executive Summary

• 1.1 2025 US Tariff will slow down renewable energy development across the Americas
• 1.2 OBBB shifts renewable energy dynamics in the US

2 Yearly Update

3 Renewable Energy Policy, Argentina

• 3.1 Renewable Energy Market, Overview
• 3.2 Policy Snapshot
• 3.3 Renewable Energy Targets
• 3.4 National Energy Transition Plan to 2030
• 3.5 Law 27.191
• 3.6 Term Market from Renewable Energy Sources (MATER)
• 3.7 Renewable Energy Auctions

4 Renewable Energy Policy, Brazil

• 4.1 Renewable Energy Market, Overview
• 4.2 Policy Snapshot
• 4.3 Renewable Energy Targets
• 4.4 Hydrogen Energy
• 4.5 Auctions
• 4.6 National Electricity Conservation Program - PROCEL
• 4.7 National Energy Plan (PNE)
• 4.8 10 Year Energy Expansion Plan, (PDE) 2029
• 4.9 National Energy Transition Policy
• 4.10 Incentives for Small Hydropower Facilities, Law 9658
• 4.11 Wind Turbine Component Tax Exemption (Executive Decree 656)
• 4.12 Net Metering for Distributed Generation

5 Renewable Energy Policy, Canada

• 5.1 Renewable Energy Market, Overview
• 5.2 Federal Programs, Canada
• 5.3 Renewable Energy Policy Framework, Alberta
• 5.4 Renewable Energy Policy Framework, British Columbia
• 5.5 Renewable Energy Policy Framework, Manitoba
• 5.6 Renewable Energy Policy Framework, New Brunswick (NB)
• 5.7 Renewable Energy Policy Framework, Newfoundland and Labrador
• 5.8 Renewable Energy Policy Framework, Northwest Territories (NWT)
• 5.9 Renewable Energy Policy Framework, Nova Scotia
• 5.10 Renewable Energy Policy Framework, Ontario
• 5.11 Renewable Energy Policy Framework, Prince Edward Island (PEI)
• 5.12 Renewable Energy Policy Framework, Quebec
• 5.13 Renewable Energy Policy Framework, Saskatchewan

6 Renewable Energy Policy, Chile

• 6.1 Renewable Energy Market, Overview
• 6.2 Policy Snapshot
• 6.3 Renewable Energy Targets
• 6.4 National Energy Policy
• 6.5 National Green Hydrogen Strategy
• 6.6 Non-Conventional Renewable Energy Law (NCRE Law): Law 20.257
• 6.7 Energy 2050 Roadmap
• 6.8 Tenders/Auctions
• 6.9 Clean Technology Fund
• 6.10 Invest Chile Project
• 6.11 Carbon Tax
• 6.12 PMGD (Pequenos Medios de Generacion Distribuidos) programme - Small Generation Means
• 6.13 Law 19.657 on geothermal energy concessions
• 6.14 Net Metering/Billing: Law 20.571
• 6.15 Sustainable Hydroelectricity Platform
• 6.16 National Action Plan on Climate Change (PANCC-II), 2017-2022

7 Renewable Energy Policy, Colombia

• 7.1 Renewable Energy Market, Overview
• 7.2 Policy Snapshot
• 7.3 Renewable Energy Targets
• 7.4 Funds Supporting Investment in Energy Projects
• 7.5 Auctions
• 7.6 Colombia Solar Program
• 7.7 National Energy Plan 2050 (PEN)
• 7.8 Law 1665 (2013)
• 7.9 Law 1715 (2014)
• 7.10 Energy Transition Law (Law 2099)
• 7.11 Decree 0570
• 7.12 Decree 348 of 2017 (Decreto 348 del 1 de marzo de 2017)
• 7.13 Generation and Transmission Expansion Plan
• 7.14 Net Metering - 2018 Resolution CREG 030
• 7.15 Ten milestones for the mining sector
• 7.16 Hydrogen Roadmap
• 7.17 Nationally Determined Contribution
• 7.18 Sovereign Green bond
• 7.19 Tax incentives

8 Renewable Energy Policy, Mexico

• 8.1 Renewable Energy Market, Overview
• 8.2 Policy Snapshot
• 8.3 Renewable Energy Targets
• 8.4 New Energy Laws
• 8.5 Electricity Industry Law
• 8.6 Clean Energy Certificates
• 8.7 The Strengthening and Expansion Plan for the National Electric System (2025-2030)
• 8.8 National Electric System Development Program (PRODESEN) 2024-2038
• 8.9 Auction Mechanism
• 8.10 Net-Metering/Net Billing
• 8.11 21st Century Power Partnership (21CPP)
• 8.12 Accelerated Depreciation
• 8.13 Wheeling Service Agreement for Electricity from Renewable Energy Sources
• 8.14 Income Tax Exemption
• 8.15 Resolution on Interconnection of large hydro plants
• 8.16 Geothermal Energy Act
• 8.17 Geothermal Law
• 8.18 Law for the Promotion and Development of Bioenergy

9 Renewable Energy Policy, Peru

• 9.1 Renewable Energy Market, Overview
• 9.2 Policy Snapshot
• 9.3 Renewable Energy Targets
• 9.4 Green Hydrogen Promotion Law
• 9.5 Legislative Decree 1002
• 9.6 Climate Change Framework Law
• 9.7 Auctions
• 9.8 Net Metering
• 9.9 National Energy Plan, 2010-2040
• 9.10 The Electric Social Compensation Fund (FOSE)
• 9.11 National Rural Electrification Plan
• 9.12 General Law for Rural Electrification
• 9.13 New Regulations of Electricity Generation from Renewable Energy
• 9.14 Organic Law on Geothermal Resources

10 Renewable Energy Market, US, Overview

• 10.1 Federal Initiatives, US
• 10.2 Common State-Level Incentives

11 Renewable Energy Policy Framework, Alabama

• 11.1 Alabama SAVES Revolving Loan Program
• 11.2 Local Government Energy Loan Program
• 11.3 Tax Incentive for Renewable Energy Facilities

12 Renewable Energy Policy Framework, Alaska

• 12.1 Renewable Energy Targets
• 12.2 Net Metering
• 12.3 Local Option - Property Tax Exemption for Renewable Energy Systems
• 12.4 Interconnection Standards
• 12.5 Power Project Loan Fund
• 12.6 Golden Valley Electric Association (GVEA) - Sustainable Natural Alternative Power (SNAP) program
• 12.7 Alaska Solar Easements

13 Renewable Energy Policy Framework, Arizona

• 13.1 Renewable Energy Targets
• 13.2 Energy Modernization Plan
• 13.3 Renewable Portfolio Standards
• 13.4 Net Metering/Billing
• 13.5 Mohave Electric Cooperative - Renewable Energy Incentive Program
• 13.6 Residential Solar and Wind Energy Systems Tax Credit
• 13.7 Renewable Energy Production Tax Credit
• 13.8 Duncan Valley Electric Cooperative - Sun watts Rebate Program
• 13.9 Interconnection Standards
• 13.10 Solar Construction Permitting Standards
• 13.11 Solar & Wind Equipment Certification
• 13.12 Solar and Wind Equipment Sales Tax Exemption
• 13.13 Arizona Solar Rights
• 13.14 City of Phoenix - Renewable Energy Goal
• 13.15 Solar Design Standards for State Buildings
• 13.16 Abandonment of 100% Clean Energy Rules

14 Renewable Energy Policy Framework, Arkansas

• 14.1 Net Metering
• 14.2 Interconnection Standards
• 14.3 Wind Energy Manufacturing Tax Incentive

15 Renewable Energy Policy Framework, California

• 15.1 Financial Incentives and Policy Support for Renewable Energy Sources, California
• 15.2 Financial Incentives and Policy Support for Solar, California
• 15.3 Hydrogen Energy

16 Renewable Energy Policy Framework, Colorado

17 Renewable Energy Policy Framework, Connecticut

18 Renewable Energy Policy Framework, Delaware

19 Renewable Energy Policy Framework, Florida

20 Renewable Energy Policy Framework, Georgia

21 Renewable Energy Policy Framework, Hawaii

22 Renewable Energy Policy Framework, Idaho

23 Renewable Energy Policy Framework, Illinois

24 Renewable Energy Policy Framework, Indiana

25 Renewable Energy Policy Framework, Iowa

26 Renewable Energy Policy Framework, Kansas

27 Renewable Energy Policy Framework, Kentucky

28 Renewable Energy Policy Framework, Louisiana

29 Renewable Energy Policy Framework, Maine

30 Renewable Energy Policy Framework, Maryland

31 Renewable Energy Policy Framework, Massachusetts

32 Renewable Energy Policy Framework, Michigan

33 Renewable Energy Policy Framework, Minnesota

34 Renewable Energy Policy Framework, Mississippi

35 Renewable Energy Policy Framework, Mississippi

36 Renewable Energy Policy Framework, Missouri

37 Renewable Energy Policy Framework, Montana

38 Renewable Energy Policy Framework, Nebraska

39 Renewable Energy Policy Framework, Nevada

40 Renewable Energy Policy Framework, New Hampshire

41 Renewable Energy Policy Framework, New Jersey

42 Renewable Energy Policy Framework, New Mexico

43 Renewable Energy Policy Framework, New York

44 Renewable Energy Policy Framework, North Carolina

45 Renewable Energy Policy Framework, North Dakota

46 Renewable Energy Policy Framework, Ohio

47 Renewable Energy Policy Framework, Oklahoma

48 Renewable Energy Policy Framework, Oregon

49 Renewable Energy Policy Framework, Pennsylvania

50 Renewable Energy Policy Framework, Rhode Island

51 Renewable Energy Policy Framework, South Carolina

52 Renewable Energy Policy Framework, South Dakota

53 Renewable Energy Policy Framework, Tennessee

54 Renewable Energy Policy Framework, Texas

55 Renewable Energy Policy Framework, Utah

56 Renewable Energy Policy Framework, Vermont

57 Renewable Energy Policy Framework, Virginia

58 Renewable Energy Policy Framework, Washington

59 Renewable Energy Policy Framework, West Virginia

60 Renewable Energy Policy Framework, Wisconsin

61 Renewable Energy Policy Framework, Wyoming

62 Renewable Energy Policy, Venezuela

63 Appendix

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List of Table

List of Tables

• Table 1: Renewable Energy Policy, North and South America
• Table 2: Policy Snapshot, Argentina, 2024
• Table 3: Renewable Energy Targets, Argentina, 2018-2030
• Table 4: RenMDI Auction Results 2023
• Table 5: Renewable Energy Auctions- Awarded, Argentina
• Table 6: Allocated Projects, Argentina, Auctions, Round 1
• Table 7: Allocated Projects, Argentina, Auctions, Round 1.5
• Table 8: Allocated Projects, Argentina, Auctions, Round 2
• Table 9: Allocated Projects, Argentina, Auctions, Round 3
• Table 10: Policy Snapshot, Brazil, 2024
• Table 11: Brazil, Renewable Auctions, 2015-2022
• Table 12: Key Regulatory Authorities, Canada
• Table 13: Renewable Energy Targets, Federal and Provincial, Canada
• Table 14: Policy Snapshot, Canada, 2024
• Table 15: Canada Carbon Rebate Payment Quarterly Breakdown (From July 2025):
• Table 16: Hydrogen Energy Strategy, Canada, 2020-2050
• Table 17: Investments for 2030 Energy Strategy by Strategic Objective, NWT, 2022-2025
• Table 18: Solar Electric Rebate Program Incentive, Prince Edward Island, Canada, 2024
• Table 19: Onshore Wind Tender Result, Canada, 2024
• Table 20: Policy Snapshot, Chile, 2024
• Table 21: Chile, Renewable Energy Projects funded from CTF
• Table 22: Policy Snapshot, Colombia, 2024
• Table 23: Policy Snapshot, Mexico, 2024
• Table 24: Auction 1, Winners, Mexico, March 2016
• Table 25: Auction 2, Winners, Mexico, September 2016
• Table 26: Auction 3, Winners, Mexico, November 2017
• Table 27: Policy Snapshot, Peru, 2024
• Table 28: Peru Renewable Policy, Auctions
• Table 29: U.S. Reciprocal Tariff (Effective since April 2025)
• Table 30: Renewable Energy Project Tax Components and changes with new tax code, US
• Table 31: Renewable Energy Market, US, Investment Tax Credit
• Table 32: Renewable Energy Market, US, Green Power Purchasing Goal (%), 2018-2025
• Table 33: Renewable Energy Market, US, Sun shot Progress and Goals
• Table 34: Renewable Energy Market, US, Renewable Portfolio Standards, State Targets
• Table 35: Renewable Energy Market, US, Renewable Portfolio Standards, State Targets
• Table 36: Renewable Energy Targets, California, Renewable Portfolio Standard Targets (%)
• Table 37: FiTs, MCE, California, 2023
• Table 38: FiTs, LADWP, Los Angeles, California, 2023
• Table 39: Renewable Energy Market, California, Solar PV Requirements for New Homes
• Table 40: Renewable Portfolio Standards (%), Connecticut
• Table 41: Renewable Portfolio Standards (%), Delaware
• Table 42: Green Energy Program Incentives, Delmarva Power, Delaware
• Table 43: Tier Definitions for SREC Procurement Program, Delmarva Power, Delaware
• Table 44: Tier Definitions for SREC Spot Market Program, Delmarva Power, Delaware
• Table 45: Renewable Portfolio Standards (%), Hawaii
• Table 46: CGS Plus Tariff, Hawaii, 2024
• Table 47: CGS Plus Capacity, Hawaii, 2024
• Table 48: Smart Export Tariffs, Hawaii, 2024
• Table 49: Renewable Energy Auctions, Upcoming Projects, Hawaii
• Table 50: Renewable Energy Auctions, Hawaii, 2023 - 2024
• Table 51: Renewable Energy Auctions, Oahu, Hawaii, 2020
• Table 52: Interconnection Standards, Iowa
• Table 53: Distributed Generation Penetration, Net Metering, Iowa
• Table 54: Interconnection Standards, Kentucky
• Table 55: NEB Program, Maine
• Table 56: NEB Original Tariff Rate Program, $/kWh rates, Qualified Facilities, Maine, 2025
• Table 57: NEB Alternative Tariff Rate Program, $/kWh rates, Maine, 2025
• Table 58: DG Program, Maine
• Table 59: Renewable Portfolio Standards (%), Maryland
• Table 60: SMART Program Capacity Allocation, Massachusetts
• Table 61: Renewable Portfolio Standards, Minnesota
• Table 62: Interconnection Standards, Fast Track Process, Minnesota
• Table 63: Interconnection Standards, Mississippi
• Table 64: Interconnection Standards, Mississippi
• Table 65: Interconnection Standards, Missouri
• Table 66: Interconnection Standards, Montana
• Table 67: Renewable Portfolio Standards (%), New Hampshire
• Table 68: Interconnection Standards, New Hampshire
• Table 69: Offshore Wind Auctions, New Jersey
• Table 70: ADI Incentives, SuSI program, New Jersey
• Table 71: Interconnection Standards, New Mexico
• Table 72: Transition from Net Metering to Value of Distributed Energy Resource (VDER) Tariffs
• Table 73: Interconnection Standards, New York
• Table 74: Interconnection Standards, North Carolina
• Table 75: Renewable Portfolio Standards %, Ohio
• Table 76: Renewable Portfolio Standards % for Large IOUs, Oregon
• Table 77: CLPUD Renewable Energy Rebates, Oregon
• Table 78: Renewable Energy Loan Programs, Pennsylvania
• Table 79: Renewable Energy Grant Programs, Pennsylvania
• Table 80: Existing and Upcoming Renewable Power Projects, Rhode Island
• Table 81: Renewable Portfolio Standards %, Rhode Island
• Table 82: Interconnection Standards, Rhode Island
• Table 83: Renewable Energy Fund (REF) Grant Estimated Amount
• Table 84: REG, Tariffs, Rhode Island
• Table 85: Commercial Scale Renewable Energy Grants, Incentives, Rhode Island
• Table 86: Rebate Programs, South Carolina
• Table 87: Value of Solar Rate, Austin Energy, Texas, 2023
• Table 88: Solar Buyback Program, Texas
• Table 89: Rebate Programs, Texas
• Table 90: Renewable Portfolio Standards (%), Virginia
• Table 91: Net Metering System Capacity Limits (kW), West Virginia
• Table 92: Net Metering Tariffs, Wisconsin
• Table 93: Policy Snapshot, Venezuela, 2024
• Table 94: Abbreviations

List of Figure

List of Figures

• Figure 1: Renewable Auctions, Awarded Capacity (MW), Brazil, 2015-2022
• Figure 2: Renewable Auctions, Average Price ($/MWh) by Technology, Brazil, 2017-2022