Government Officials from Eleven Countries Confirmed for GEOLAC

March 30, 2017

Senior government officials from across Latin America and the Caribbean have confirmed their participation in GEOLAC 2017. Amongst those confirmed are representatives from Mexico, Chile, Guatemala, Dominica, St. Lucia, Ecuador, St. Vincent & Grenadines, Bolivia, Peru and Honduras. Register for GEOLAC today here.

Mexico: Construction begins on largest PV plant in Latin America

March 30, 2017

Italian power provider Enel announced it has started construction on the largest PV plant on the American continent, the 754 MW Villanueva project, which is located in the Mexican state of Coahuila. The company is investing €650 million in the project, which is scheduled for completion in the second half of 2018. The project is […]

El Salvador: Contracts signed for 170 MW of solar and wind

March 29, 2017

El Salvador’s power distributors have this week signed contracts for the winning projects in the country’s renewable energy auction, which was held by the government in January. Among the projects are four PV plants with a combined capacity of 119.9 MW. The auction ended with an average price of $51.48/MWh. This is the lowest price […]

JICA and Bolivia sign $552 million loan for Laguna Colorada, Confirm for GEOLAC

March 29, 2017

The Japan International Cooperation Agency (JICA) has signed a loan agreement with the Government of Bolivia for a US$552m loan for the construction of the Laguna Colorada Geothermal Power Plant. The funding will extend to the construction of a 100-megawatt geothermal power plant, transmission lines and incidental facilities in Sol de Mañana. The director of […]

Chile: $30m loan for exploratory phase at Cerro Pabellon geothermal project

March 29, 2017

The Inter-American Investment Corporation (IIC) has signed a US$30 million corporate loan facility with Enel Green Power Chile to finance exploratory works for what could be the first geothermal power project in South America—the Cerro Pabellon geothermal power plant in Chile. The loan will be funded by the Clean Technology Fund Loan (CTF), administered by […]

Mexico: PPA signed for 110 MW solar PV project

March 29, 2017

The Mexican gas and power provider Ienova, a unit of U.S. natural gas utilities holding company Sempra Energy, announced it has signed a 20-year PPA for a 110 MW PV project in Mexico with local steel manufacturer Deacero. According to a press release from the company, the Pima Solar project will require an investment of […]

Montserrat renewable energy project signals action by government and local utility

March 28, 2017

On Friday, March 24, the Government of Montserrat through the Ministry of Communications, Works and Labour (MCWL) and Montserrat Utilities Limited (MUL) released a Request for Qualifications for interested parties to qualify for the Engineering, Procurement and Construction for a 1 megawatt (MW) solar photovoltaic (PV) and battery storage project. The solar project is part […]

St. Kitts geothermal feasibility study proves geothermal, government to decide path forward

March 28, 2017

A feasibility study done by Teranov, a French engineering and services company for new and renewable energy based in Guadeloupe, has proven that there is potential in St. Kitts to develop at least 18 to 36 megawatts of geothermal power. Photo: (L-R) Joseph Williams; Dr. Devon Gardner; Dr. Vince Henderson; Hon. Ian Patches Liburd; Jacques […]

Chile: Successful efficiency policies to reduce capacity needs for next tender

March 27, 2017

Chile is set to reduce the amount of capacity on offer in its next major power tender and delay the start of power purchase agreements (PPAs) by a year, according to executive secretary of the National Energy Commission (CNE), Andres Romero. The CNE has yet to confirm these actions, but it has estimated that it […]