Author Archives: newenergyadmin

AES forecasts investments of US $10m in solar projects for El Salvador

An extra 12 MW of solar energy will be installed in El Salvador by the end of 2019, according to AES Soluciones. This comes as a part of a government effort to renovate the national electric grid of the country, to make it more efficient and reliable and promote the use of renewable sources for […]

El Salvador advances tender for renewable projects

The government of El Salvador released details of a new 28 MW tender. The tender will promote solar and biomass energy and will accept bids of up to 2 MW. The country is expecting the tender to bring 20 MW in solar energy projects and 8 MW in biogas. The winners of the tender will […]

GEOLAC 2018 Award Winners Announced!

  The Geothermal Congress for Latin America and the Caribbean (GEOLAC), the largest annual gathering of the regional geothermal market, today announced five winners for its first annual GEOLAC Industry Awards. The winners were recognized on stage at the 5th GEOLAC in Mexico City.  New Energy Events, the organizers of GEOLAC, partnered with ThinkGeoEnergy to create the […]

Japan donates three hydroelectrical stations to El Salvador

Last week the government of Japan donated three hydroelectrical stations, each with an estimated value of US$560,000, to three universities in the country: Universidad de El Salvador, Universidad Centroamerciana and to the Universidad Don Busco. The donation is meant to serve as a tool and provide expertise to local university students. Japan has estimated that […]

Barbados utility CEO sees renewables as hedge against energy price volatility

Using more renewable sources in the total energy mix can be the best way to avoid volatility in electricity prices said Roger Blackman CEO of Barbados Light and Power. Price spikes and drops are caused primarily by the change in the price of oil, the fuel which most Caribbean islands rely on for energy. Barbados […]

Private company in Guatemala turn to solar

Laboratories Farkot, a pharmaceutical company in Guatemala, has installed 377 solar panels in their production plant. The solar local company Enertiva, which will oversee the project, is expected to provide a total of 120 KW for the company. This project is expected to save US$ 20,000 yearly – 35% of the total electrical costs – […]

$12M donation for Costa Rica’s renewables projects

The International Fund for the Environment (GEF) has announced a $US12m donation to Costa Rica, which will aim to support the further development and implementation of green policies and projects over the next four years. This donation represents an increase in US$ 4m from last year’s donation. The resources will be used primarily to strengthen […]

Geothermal resource potential discovered in the north of Mexico

Off the coast of Los Cabos, scientists have discovered a site with high geothermal energy potential which could meet the electricity needs of both Cabo San Lucas and San José del Cabo. This discovery, made by scientists of the National Autonomous University (UNAM), consists of deep-sea deposits which contain hydrothermal vents off the southern coast […]

KPMG and CIBC FirstCaribbean confirm Title Sponsorship of CARIF

The organizers of CARIF are excited to announce that KPMG and CIBC FirstCaribbean, Title Sponsors of CARIF 2017, have renewed their commitment to CARIF and will assume the roles of Title Sponsors of CARIF 2018. Both organizations bring a wealth of infrastructure experience, and a track-record of regional transactions spanning decades, to the event. They […]