The Nevis Island Administration (NIA) announced that the geothermal project on the island is stalling whilst they look for further fund to support the production of renewable energy. Premier Mark Brantley said between USD 50 to USD 60 million are needed so the project may move forward. The first phase of the project, the exploration, […]
The UK-based Institute for Environmental Analytics recently announced its plans to share and develop its renewable energy analytics and satellite weather data platform (RE-SAT) to six island states, including two in the Caribbean. Montserrat and St. Lucia, as well as four other island states in the Pacific and Indian Oceans, will be able to use […]
Global utility and electricity distributor Enel announced its plans to invest over €10 billion in 11.6GW of new renewable energy capacity from now to 2021. In a presentation detailing its 2019-2021 industrial plan, Enel announced its production would go from 48% carbon free to 62%, tipping the scales to a majority of renewable and clean […]
The French island of Guadeloupe has announced plans to convert a coal-fired power plant to a biomass plant. The draft Power Purchase Agreement (PPA) was approved between the facility, the Albioma Caraïbes plant, and the French energy regulator (CRE). Albioma, an independent renewable energy producer focused on biomass and photovoltaics, operates the plant. The power […]
Costa Rica’s National Electric System (SEN) reached its highest number in generation of wind power since it began operating. Costa Rica was the first country in Latin America to add wind energy to its electricity matrix, in 1996. This year, the country has accumulated over 1500 GW/h, surpassing the 1290 GW/h generated in 2017, with […]
Two new solar PV projects in Honduras were announced by the solar power provider Enertiva. Under a PPA contract, Enertiva,which currently operates in Guatemala, El Salvador, Honduras, Costa Rica, Panamá and Nicaragua, will provide 1.41MW in solar power. The two projects were commission by Corporación Lady Lee, one of the biggest corporate groups in Honduras. […]
A call for applications for funding of geothermal projects in Latin America has been issued by the Geothermal Development Facility for Latin America. This third call for applications is for developers with geothermal projects, and will provide funding for surface studies or confirmation drilling. Eligible projects must be in one the following countries: Bolivia, Colombia, […]
The Green Climate Fund (GCF) and the Caribbean Development Bank (CDB) have signed a legal agreement to facilitate climate finance projects in the Caribbean. The Accreditation Master Agreement (AMA) was signed on the sidelines of the GCF’s Caribbean Structured Dialogue which took place in Grenada earlier this month. The meeting brought together stakeholders to plan […]
Geotermia Andina’s President, Giorgio Stangalino, recently met with Sergio Uñac, the Governor of San Juan, and other stakeholders to discuss his company’s proposal for geothermal projects in this region of the Argentinian Andes, which is thought to have a high potential for geothermal development. The San Juan region borders Chile, and includes the Valle del Cura […]