Ángel Cano, executive director of the National Commission of Energy, has stated that the institution has remained committed in developing a cleaner, more reliable and more efficient industry by investing in renewable projects, in line with the political agenda of the federal government. In a seminar, which discussed technology and energy regulation, Angel Cano, was […]
A fund of US$20m will be given to Nicaragua from the Banpro Group Promerica and IDB Invest, the private institute of the Inter-American Bank, in the next five years. This investment has the objective to expand the finance of Green Projects from Banpro, by financing projects that promote energy efficiency, renewables, and climate smart-agriculture initiatives. […]
Siemens has introduced a series of recommendations for a new energy infrastructure framework for Puerto Rico to increase resiliency of the national grid using cleaner and higher quality electricity. Siemens designed a program including 10 mini grids across the island that could potentially enhance and incorporate the energy infrastructure. The company stated: “The mini-grid solution […]
The National Electrical Transmission company in Nicaragua (Enatrel) has inaugurated ten projects in the month of July alone, which aim to bring clean electricity for rural communities across the country. This project has already benefited 2,700 residents and has led to the construction of 25.13 km of transmission line with an investment of approximately USD […]
Mexico announced a new geothermal risk transfer program aimed at reducing exploratory risk and financial barriers for developers. The program, developed by the Inter-American Development Bank through the Clean Technologies Fund with NAFIN, SENER, and INEEL has the objective of increasing geothermal electricity capacity in Mexico by easing several key barriers. The financing component of […]
The government of Honduras has been investing in renewables projects which now represent 61% of the total energy supply of the country. The expansion in the renewable industry has also allowed for policies which help bring electricity to rural communities in the country. Specifically, the Minster of Community Development, Mario Pineda, explained how this boom […]
Sancti Spíritus, a municipality in the centre of the island, wants to increase the energy efficiency, distribution and capacity of the island by increasing the use of renewable sources, specifically of solar. Carlos Miseael Rodriguez, director of the National Electrical Grid of the municipality, stated that by the end of the year, eight new solar […]
Companies from the European Union are leading the investments for renewable energy projects in Latin America. From 2005 to 2017 the investments towards the industry grew from 3% to 18%, representing two-thirds of the total companies involved in the sector, more for the industries of solar and wind energy projects. This has been particularly important […]
Toda a Dollar, a Panamanian wholesale company, has invested in two solar power installations for two of its main distributors, both located in the city of Panama. The first project will have the energy capacity of 70.2 kWp and consists of 216 solar power. The project is expected to generate 103 Kwh annually. The second […]