Nicaraguan geothermal plant sees increase in power generation and revenues

May 8, 2019

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

May 8, 2019

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 […]

Chilean Minister of Energy to open GEOLAC 2019

May 3, 2019

We are pleased to announce that Hon. Susana Jiménez, Chile’s Minister of Energy, will open GEOLAC 2019. Minister Jiménez, who is widely seen as an energy progressive, is managing the transition of Chile’s energy sector from fossils to renewables. For those looking for affirmation of Chile’s commitment to geothermal development, it is indicative that the Minister […]

Renewables make up a fifth of energy sources connected to Chile’s central grid

May 3, 2019

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 […]

Deetken Impact forms partnership with Sustainable Energy Central America to manage clean energy funds

May 3, 2019

Deetken Impact and Sustainable Energy Central America (SECA) have formed a strategic partnership for the management of two renewable energy funds, the Honduras Renewable Energy Financing Facility (H-REFF) and the Caribbean Basin Sustainable Energy Fund (together, the “Funds”), as well as future funds focused on the renewable energy sector in Latin America and the Caribbean. […]

Workshop on Chilean Investment Opportunities

May 2, 2019

The organizers of GEOLAC are pleased to announce that the Government of Chile will host a pre-GEOLAC workshop focusing on the national roadmap for geothermal development in Chile. The agenda features extensive participation from leading public and private sector geothermal leaders. For more information visit the GEOLAC agenda.

Argentina Geothermal Investment Workshop

May 2, 2019

Delegates attending GEOLAC 2019 are invited to attend a pre-event workshop focused on investment opportunities in the Argentine geothermal sector. The workshop will be led by Maximiliano Morrone, National Director for the Promotion of Renewable Energy in the Ministry of Energy & Mines. For more information view the GEOLAC agenda. 

MPC Capital purchases Costa Rican wind farm

May 2, 2019

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

May 1, 2019

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 […]