Puerto Rico’s Public-Private Partnerships Authority (P3A) has received proposals from five private companies bidding for the management and operation of Puerto Rico’s Electric Power Authority’s (Prepa), transmission and distribution system. These requests for a public-private partnership will be evaluated to determine the best contender “to carry out the transformation and modernization of the energy system […]
The Solar & Energy Storage Association of Puerto Rico (SESA-PR) is now an official affiliate of Solar Energy Industries Association (SEIA), a trade association that represents the U.S. solar industry. “This partnership was a natural outgrowth following the solar industry’s response to last year’s devastating hurricanes,” Abigail Ross Hopper, SEIA’s president and CEO said in […]
Barbados officials have announced the development of an Integrated Climate Risk Management Roadmap for its renewable energy sector. The project aims to work towards the island’s 2030 targets for renewable energy, by supporting investments and deployment in the Renewable Energy Sector, and ensuring resilience in every step of energy production and distribution networks. This is […]
State minister in the Ministry of Foreign Affairs and Foreign Trade, Pearnel Charles Jr., re-affirmed his government’s commitment to fostering blue economic growth in Jamaica. The state minister made these remarks at the Global Sustainable Blue Economy Conference, held in Nairobi, Kenya last week. The state minister also announced Jamaica would remain active on regional […]
A regional training geothermal workshop focusing on data gathering will be held in St. Lucia from the 5th to the 7th December. Under the Global Geothermal Alliance framework, three organisations -IRENA, the International Geothermal Association and the World Bank- have co-organised technical sessions with the Geological Surveys of the Caribbean Islands States, amongst other stakeholders […]
MPC Caribbean Clean Energy Ltd, a company investing in renewable energy projects in the Caribbean, is seeking to raise USD 50 million through an Initial Public Offering (IPO). The Barbados-based company is selling Class B participating and voting shares, with stocks cross-listed in the Jamaica Stock Exchange, and the Trinidad and Tobago Stock Exchange. The […]
Mexico’s Secretariat of Energy has published a report laying out the future of Mexico’s renewable energy sector, which includes a section on geothermal energy. The report, “Renewable Energy Technology Route Maps” identifies the challenges and obstacles the country faces to take full advantage of renewable energies by 2030. Mexico’s geothermal power capacity is estimated to […]
Neoen, a 100% renewable energy independent power producer, announced it has secured financing for its 140MW solar PV project, Capella Solar, in El Salvador. Lenders which include the Dutch Development Bank, (FMO) The French Development Agency (Proparco), and the Inter-American Development Bank, will provide USD 143 million. These costs include the installation of a 3MW […]
St. Vincent Geothermal Company Ltd and Jardboranir hf. (Icelandic Drilling Company), have signed a contract to drill four wells for the on-going geothermal project on the Caribbean island. This is the fifth drilling contract that the Icelandic company has undertaken in the Caribbean. The wells will supply steam for the St. Vincent geothermal power plant […]