Industry Analysis Archives - Page 2 of 139

Nicaraguan geothermal plant sees increase in power generation and revenues

Polaris Infrastructure have published their Q1 reports, which indicate an increase in the production of the San Jacinto geothermal power plant in Nicaragua. The increase in power generation from the power plant has also resulted in an increase in profit, up from half a million compared to the same period last year The 72MW geothermal […]
Geothermal training programme to be provided in El Salvador by UN

A memorandum of understanding was signed between the United Nations University Geothermal School, in Iceland, and the geothermal power company LaGeo in El Salvador. This agreement will continue their cooperation on geothermal training and knowledge-sharing. A further agreement was signed to continue a joint diploma based in the University of El Salvador, with La Geo […]
Renewables make up a fifth of energy sources connected to Chile’s central grid

Chile’s National Energy Commission has published a report which highlighted that over a fifth of the country’s energy sources connected to the central grid are from clean renewable sources. The total installed capacity of renewable energy is of 4.884MW. In the sector of geothermal energy generation, 40MW are currently in testing phase, 120MW are in […]
MPC Capital purchases Costa Rican wind farm

MPC Capital has acquired the 21MW Tilawind wind farm in Costa Rica for USD 50 million. Tilawind, located in the windy northern province of Guanacaste in Costa Rica, is an effective source of clean energy. Last year, it exceeded its expected outputs both in terms of energy production and revenues. Investors in the acquisition include […]
Colombia receives USD 600m loan to improve its energy matrix

The Inter-American Development Bank has announced it will support Colombia to diversify its energy matrix, focusing on renewable energy sources, with a USD 600m loan. Renewables which will be integrated into Colombia’s energy mix will include wind, solar and biogas. The loan will be used to implement policy reforms to ensure efficient electricity supply to […]
Montserrat announces first utility-scale solar project

Today, the Ministry of Communications, Works, Labour and Energy (MCWLE) and Montserrat Utilities Limited (MUL) officially announce the first utility-scale renewable energy project – a rooftop solar project built across several structures in Brades, located on the north side of Montserrat. The solar photovoltaic (PV) project is the first phase of two planned renewable energy […]
Puerto Rico’s first community solar grid to be built

Adjuntas, in Puerto Rico, will have the island’s first community solar grid. Residents and industry will become independent of the national grid, with the first community network of generation, storage, and distribution of solar energy. Over 18,500 people in the community will benefit from this solar energy project, led by Casa Pueblo and the Honnold […]
Call for tenders for solar park in Guyana

Guyana’s Department of Public Information announced the government will open an international call for tenders for the construction of a 1 MW solar PV park. The call for tenders is currently pending final approval. The plant will be located in Lethem, right by the Brazilian border. The press release indicated that the country would invest […]
License granted for geothermal project in Chile

The Chilean Energy Ministry has awarded a license for geothermal exploitation of the Peumayén concession in souther Chile to Transmark Chile SpA. Transmark Renewables is an international company specializing in the global development of geothermal energy, with presence in three continents. One of the regional centres of the company is in Chile. A license was […]