New Fortress boosts Jamaica’s LNG demand with new plant

November 22, 2019

A new gas-fired 150MW power plant in Jamaica is helping drive up local LNG demand in a boon for U.S.-based New Fortress Energy. The Jamalco plant is expected to boost the company’s portfolio, which saw the bulk of its US$50 million in quarterly sales come from Jamaica. New Fortress aims to increase its current Jamaican […]

Anguilla launches mobile energy storage pilot project

November 22, 2019

Anguilla has rolled out a mobile energy storage pilot with the commissioning of a containerized battery from Gridspan Energy. The 125kW mobile battery system can be quickly deployed to sites and is operational within 15 minutes. This pilot program, the first of its kind in the Caribbean, has emergency response and solar storage capabilities. Source

Another solar pipeline in Mexico secures multilateral backing

November 22, 2019

Energy company IEnova has secured funding for a large-scale, 376MW solar pipeline in Mexico, with support from the World Bank’s International Finance Corp. and the North American Development Bank. The development banks will contribute US$200 million in green loans for the pipeline, which includes the already-operational Pima Solar 110MW plant. This project represents U.S. subsidiary […]

Panama seeks bids for electricity distribution

November 22, 2019

Panama has re-opened bidding for assistance with its near-term electricity distribution. The state power transmission company Etesa is seeking generators or self-generators in the local wholesale market to assist with the supply of firm capacity and energy to Empresa de Distribución Eléctrica Metro-Oeste (Edemet), Empresa de Distribución Eléctrica Chiriquí (Edechi) and Elektra Noreste (ENSA). Offers […]

Experimental solar PV park opens in Cuba

November 22, 2019

Cuba made progress toward its 2030 renewable energy goal with the recent opening of an experimental photovoltaic park in Havana. The park, part of a university Microelectronics Research Center, was the result of a group partnership between Cuba, German and Mexico. Source

US$1 trillion energy investment coming to LAC

November 22, 2019

Latin America and the Caribbean could see a US$1 trillion windfall in energy and infrastructure investments over the next five years, according to a senior U.S. Treasury Department official. It is expected that a portion of that funding may flow through the América Crece program, launched in 2018 to address myriad barriers to infrastructure development […]

The Prime Minister of Jamaica to speak at CARIF

November 22, 2019

The Prime Minister of Jamaica, The Most Honourable Andrew Michael Holness, ON, MP, has confirmed he will participate in the opening keynote session at 4th Caribbean Infrastructure Forum (CARIF). Jamaica has ambitious plans for investment in infrastructure, not least in the energy sector where the PM has mandated 50% renewable penetration by 2030. The Prime […]

Costa Rica secures $550 million for electric passenger train

November 18, 2019

The Central American Bank for Economic Integration (CABEI) has approved a US$550 million loan to the government of Costa Rica toward development of an electric passenger train for the Great Metropolitan Area (GAM), running from Cartago to Alajuela. The estimated US$1.3 billion total needed for infrastructure and equipment will be funded via a PPP that […]

LAC poised for solar capacity surge

November 18, 2019

A new report from the International Renewable Energy Agency (IRENA) indicates that Latin America and the Caribbean could grow their installed solar capacity by a factor of 40 in the next 30 years. By 2050, solar PV would be the second-largest power source behind wind, with the potential to employ over 18 million people. An […]