The 6th Geothermal Congress for Latin America & the Caribbean (GEOLAC) took place at the W Santiago, Chile, on July 17-18, 2019.
Geothermal is abundant across Latin America and the Caribbean but the potential is yet to translate into investment and output. Multilateral support for geothermal remains strong, however, and the project pipeline is deepening. Will the industry succeed in persuading the region that geothermal is an effective, reliable and economic source of baseload?
Co-hosted by the Inter-American Development Bank (IDB) and the World Bank Group, GEOLAC is the only annual gathering of the regional geothermal market. Comprising over 200 stakeholders drawn from governments, utilities, developers, capital providers, GEOLAC 2019 showcased projects and funding programs, facilitated critical new relationships, and tackled obstacles to development.
Ultimately GEOLAC serves to accelerate the development of world-class geothermal projects across Latin America and the Caribbean.