Argentina to finalize more PPA’s this month

March 6, 2017

Six bioenergy and small hydro projects that won the RenovAr 1 auction are due to sign their power purchase agreements (PPAs) by March 2, Energia Estrategica said. The other 23 winning projects from that auction round have already concluded their contracts. Energia Estrategica also reported that the government would extend by one more month, till […]

EU commits $2.5m to micro-utility Sigora Haiti

March 3, 2017

The European Commission‘s electrification financing initiative, ElectriFI, has made its first investment of US$2.5 million in clean energy micro-utility Sigora Haiti, supplying households, schools and small firms with electricity. ElectriFI received 290 proposals in response to its first call for investment in April 2016 before passing management of the €75 million fund on to the Association of European Development Finance […]

CFE Joins SENER on GEOLAC ’17 Agenda

March 2, 2017

Magaly Flores, head of Mexico’s Comision Federal de Electricidad’s (CFE) geothermal program, has confirmed she will participate as a speaker at GEOLAC 2017. CFE is leading the charge for geothermal development in Mexico and holds a number of concessions and exploration permits. In July 2015, CFE put out an official “call” to local and international […]

IFC, AMC invest $100m to support LatAm clean energy transition

March 2, 2017

IFC and AMC are giving a boost to a new Latin American player, who recently acquired assets in Chile, Peru, Brazil, Argentina, Ecuador, El Salvador, and Guatemala. IFC, a member of the World Bank Group, and the IFC Global Infrastructure Fund (GIF), a fund managed by the IFC Asset Management Company (AMC), invested a combined […]

World Bank approves $480m for Argentina renewables sector

March 2, 2017

The World Bank board of directors approved a $480 million guarantee to mobilize private sector investment in the renewable energy sector and help Argentina meet its goal of twenty percent renewables by 2025. “The support of the World Bank is facilitating progress in our country to achieve in a few months what was not done […]

Bahamas prepares to connect small-scale solar PV

March 2, 2017

Bahamas Power and Light is weeks away from bringing rooftop solar PV to businesses and homeowners. During an interview with local radio show, Minister of Environment and Housing Kenred Dorsett said Bahamas Power and Light (BPL) is making preparations to connect small scale PV to its electricity grid. “BPL indicated last month that they are […]

Bankrupt SunEdison strikes a deal with Actis for 1.5 GW of LatAm PV

March 2, 2017

Actis announced this week its acquisition of more than 1,500 MW of solar PV assets in Latin America from bankrupt US developer SunEdison. The company has acquired 578 MW of contracted projects in operation, construction or advanced stage of development, plus more than 1,000 MW of early-stage projects. It gave no further details about the […]

Guatemala Announces 40 MW RFP; Confirms Delegation for GEOLAC

March 1, 2017

In the wake of the recent announcement of a 40 MW RFP for geothermal, the organizers of GEOLAC are pleased to announce that Guatemala will be substantially represented at GEOLAC in Mexico. Confirmed to speak at GEOLAC 2017 are Carlos F Rodas, Head of Planning and Regulation at Empresa Electrica de Guatemala, Silvia Alvarado de […]

Mexico Rolls out Major Players for GEOLAC

March 1, 2017

In an indication of the commitment of the Mexican government to developing national geothermal resources, all the key entities engaged in development have confirmed their participation in GEOLAC 2017. Mexico’s delegation is led by Leonardo Beltrán, Deputy Secretary for Planning and Energy Transition for SENER. He will share the stage with Magaly Flores Armenta, Director […]