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GEOLAC Market News

  • LAC geothermal market to convene in Mexico City for GEOLAC 2017

    February 16, 2017

    New Energy Events, with our co-hosts at The World Bank, is excited to announce that the  4th Annual Geothermal Congress for Latin America and the Caribbean (GEOLAC) will take place in Mexico City from April 25th – 26th. As the Caribbean and Latin America search for ways to develop sustainable energy resources to meet growing power demands, geothermal energy […]

  • Dominica contributes $16m towards geothermal project

    February 15, 2017

    Dominica’s race to geothermal is speeding up with the latest injection of US$16m/EC$45m towards the project, as announced by the Hon Prime Minister and Minister for Finance, Dr. Roosevelt Skerrit, speaking at a private sector forum at the Fort Young Hotel last Friday. Already having committed $15m, and with contributions expected from other financial institutions, […]

  • US Geothermal to participate in Guatemala’s geothermal RFP

    February 8, 2017

    Geothermal developer and operator U.S. Geothermal has announced plans to participate in a 40 MW Request for Proposals in Guatemala for geothermal with its El Ceibillo project in the country. On January 10, 2017, the Guatemalan government, through the National Electrical Energy Commission (COMISIÓN NACIONAL DE ENERGÍA ELÉCTRICA-“CNEE”), announced that it is preparing to issue […]

  • OECS geothermal stakeholders want regional mechanism to support development

    February 6, 2017

    Developing geothermal energy in the Eastern Caribbean could benefit from improved financing, government policy, and the establishment of a regional mechanism to support geothermal development in the region. This information comes as result of a survey conducted by the Energy Unit of the Organisation of Eastern Caribbean States (OECS) Commission on geothermal development in the […]

  • Honduras: Geothermal plant in advanced stages of construction

    February 1, 2017

    Construction of the Platanares geothermal power plant in Honduras is at an advanced stage, according to the advisor to the Honduran Council of Private Enterprise (COHEP ), Solomon Ordonez, and as reported by Honduran newspaper La Tribuna. This will be the first geothermal power plant to operate in Honduras. It is expected to start operating this year. The […]

  • St. Lucia: Wind, Solar and Geothermal projects to fulfill half of RE target by 2023

    January 26, 2017

    St. Lucia continues to make progress toward its target of 35% renewables by 2035, says Minister of Infrastructure, Ports, Energy and Labour, Stephenson King. Current projects underway or in the planning stages include a 12 MW wind farm, a 3.2 PV project and a 30 MW geothermal project. “We are also hoping that by the […]

  • Geothermal Development Facility now accepting applications

    January 26, 2017

    The Geothermal Development Facility (GDF) for Latin American this month began accepting expressions of interest (EOI) for funding awards to cover geothermal exploration, drilling and well testing in 10 Latin American countries. EOIs are due by Feb. 28. The GDF was launched by the German government’s KfW Development Bank together with the European Union and other […]

  • Chile’s geothermal sector gets kickstart with World Bank program

    January 4, 2017

    A workshop on geothermal development in Chile was held in Santiago, Chile on 22 December.The event was to foster discussions about the geothermal potential in Chile and the real opportunities for geothermal development, with a focus on electricity generation and their possible impact on interconnected electricity systems in the country. Attended by representatives of the […]

  • Dominican Republic: Geothermal exploration underway

    December 30, 2016

    French and Dominican geologists and geochemists conducted water and rock surveys in 20 areas of the Dominican Republic to determine geothermal potential and assess where there are conditions to generate clean energy, as part of a bank-financed study Inter-American Development Bank (IDB). The study “Specific Agreement for the Evaluation of the Geothermal Potential of the […]

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