Infrastructure finance giant relocating to Panama

December 6, 2016

The Inter-American Corporation for Infrastructure Financing (CIFI, http://www.cifi.com), a leader non-bank financial institution dedicated to run projects in Latin America and the Caribbean, is set to move its headquarters from Washington D.C. to Panama City. The objective of this measure is to leverage closer to the region to further boost its activity there. Since the beginning […]

Guyana: clean energy gets a boost from local bank

December 5, 2016

Guyana’s clean energy sector is about to get a boost from local bank – Demerara Bank Limited (DBL) – which is now fully powered by solar PV at a cost of GYD$27.5m. The bank says it will offer a special eight percent interest rate for companies and businesses interested in installing similar technology. The 25,000 square foot […]

Chile reforming energy policy with $100m IDB loan

December 5, 2016

The Inter-American Development Bank (IDB) approved a $100m loan for a programme to improve Chile’s energy sustainability through reforms in the sector, helping the country reach its goal of 20% non-conventional renewables by 2025. Under the programme, Chile will develop a long-term energy policy, which aims to encourage the use of renewable energy sources, boost competition in […]

New Energy Insights: Pim van der Burg, CIBC First Caribbean

December 2, 2016

New Energy Events is pleased to announce a new series of concise and incisive interviews – New Energy Insights – with leading industry players. We’ll be putting five market-critical questions to each of our interviewees over the course of a highly digestible five minute segment. We’re calling them Five-In-Five. As a warm up to next week’s Caribbean infrastructure […]

Barbados renewable energy surge expected

December 1, 2016

Barbados renewable energy is set to grow over the next 12 to 18 months and Energy Minister, Senator Darcy Boyd, is anticipating a doubling in renewable energy production. The Minister in the Office of the Prime Minister with responsibility for Energy and Telecommunications, the Hon. Senator Boyd spoke to the projections as he noted that over […]

Chile announces 400 MW wind tender

December 1, 2016

Chile has launched a new tender for wind energy to be developed near the remote northern city of Taltal. The land has potential for almost 400 MW of wind energy, said Chile’s energy minister, Andres Rebolledo. The latest tender will be awarded to the company that offers the government the highest rent, including a fixed […]