Renewvia's international expansion started in South America. In May 2013, the Uruguayan government in concert with UTE, the country’s sole power provider, announced its first 200 MW solar decree, seeking companies that could quickly execute projects prior to December 31, 2016.
Having assembled a strong local presence with influential partners, Renewvia formed a Uruguayan entity (Giacote S.A.), and was one of four companies awarded a 60-MW allocation to design, build, own and operate utility scale solar plants.
Renewvia secured land options, interconnection approvals, all necessary environmental and construction permits, and signed the PPA with UTE. The project was acquired by Solarpack and SunEdison.