Brazil Cancels A-3 Energy Auction

September 5, 2016

Lack of demand is the reason for Brazil’s Ministry of Mines and Energy canceling this years A-3 energy auction. The tender was supposed to contract new energy projects to start power supply on January 1, 2019. Two more auctions are scheduled for 2016 for hydropower, solar and wind power. Read the full story here.

Breaking Down Barriers to Renewable Energy Development in the Caribbean

September 5, 2016

A recent article in Renewable Energy World says that the Caribbean is at the forefront of renewable energy leadership in the Post-COP21 policy environment. The significant level of knowledge accrued by local companies, who have access to new technologies and engineering skills, has driven interest from private investors from the U.S., Europe and Asia. Fossil […]

Think GeoEnergy on small-scale geothermal

September 3, 2016

Small-scale geothermal projects in the Caribbean have the potential to to speed up development in the industry and drive growth in related industries across the region. Geothermal is often associated with utility-scale projects due to the risks associated with feasibility of development. Small-scale projects may provide off-grid solutions for isolated areas and island grids. The […]

Shell Plans to Divest Gulf of Mexico Assets for $425M

September 2, 2016

A merger between Royal Dutch Shell and BG Group has resulted in the decision by Shell to sell off assets in Mexico worth US$425 million. The deal between Netherland’s Shell and the British BG is worth $50 billion and forced Shell to increase its borrowing in order to maintain its dividend policy at a time […]

Costa Rica break record for renewable energy generation

September 1, 2016

In Latin America, Costa Rica continues to prove itself as a renewable energy powerhouse. This year Costa Rica has run infrastructure for 122 days strictly with renewable energy and is now aiming for a year without fossil fuels. This success continues from 2015, when the Country was powered for 285 days by renewable sources. Costa Rica […]

Costa Rica adds 165 MW of geothermal to the pipeline

September 1, 2016

Another 165 MW of geothermal energy is in the pipeline for Costa Rica. An expansion of the Las Pailas plant is expected to generate between 35 and 55 MW starting in 2018. The Central American country leads in Latin America when it comes to the utilization of geothermal energy; a total of 207 MW of […]

Breaking Down Barriers to Renewable Energy Development in the Caribbean

September 1, 2016

According to a recent article in Renewable Energy World, the Caribbean is at the forefront of renewable energy leadership in the Post-COP21 policy environment. The significant level of knowledge accrued by local companies, who have access to new technologies and engineering skills, has driven interest from private investors from the U.S., Europe and Asia. Fossil […]