Mexico, once expected to be a global leader in geothermal production, has faced challenges developing the sector. While there is no shortage of potential development locations, the high costs of accessing these resources continue to be a barrier for development. In 2014, experts anticipated Mexico would be the fourth largest producer of geothermal energy, however, […]
Last week the president of India, Ram Nath Kovind, visited the island in an effort to expand the economic and commercial relationship within the two countries. The presidents of both India and Cuba, Ram Nath Kovind and Miguel Díaz-Canel respectively, jointly stated India’s interest in the Cuban economy is primarily driven by the pharmaceutical, science, […]
The Inter-American Development Bank is investing $20m in small and medium renewables enterprises in the country. Nicaragua is already obtaining 54% of its total energy production from renewable sources including geothermal, solar, biomass, hydro, and wind. This new line of credit provided by the IDB will keep strengthening the industry and help Nicaragua reach its […]
Vestas, the Spanish wind turbine company, will supply equipment to the 66 MW Toabré wind park, owned by Elecnor. The country is increasingly investing in the renewables sector as it has a goal to produce half of its electricity from renewables by 2050. Vestas is present in over 79 different countries and this order highlights […]
El Salvador’s energy industry is open for business. Seeking to acquire 28 MW, the government is requesting bids to total 20 MW from solar energy and 8 MW from biogas. The public bid process will start the 14th of August of this year and will end the 12th of December. The winners from this bid […]
The CREF 2018 agenda is now live. From resiliency to transformational technology, LNG to geothermal, energy storage to EVs – you’ll find it all at CREF. Now is the time to tell us if you’d like to join an A-list of regional leaders and industry experts on the CREF 2018 agenda. Submit your speaker application […]
Supporting our PR-GRID portfolio of events, we will showcase Puerto Rico’s grid revitalization and investment efforts to the wider market at CREF this year. Among key stakeholders already confirmed are Josen Rossi, Chairman of the Aireko Group; Rodrigo Masses, President of the PRMA; and Tomas J. Torres, Executive Director of ICSE-PR.
We are very pleased to report that private equity is out in force for CREF 2018! Among leading firms confirmed to date are Portland Private Equity, BMR Energy, the Caribbean Basin Sustainable Energy Fund, WRB Energy and MPC Capital. The firms, which all have well established footprints in the Caribbean, are all in the market […]
Two national companies, SOMOS Solar and Máximo Solar Industries, with the Fundación Comunitaria de Puerto Rico (FCPR), have partnered with the community organization Comunidad Toro Negro, Inc. to create an efficient solar energy system to power the region. The project will provide off-grid solar energy to 25 families who were left without electricity following Hurricane […]