Author Archives: newenergyadmin

GDF Workshop – GEOLAC 2018 to feature workshop on GDF Fund; complimentary for all delegates

| June 13, 2018

Join representatives from the Geothermal Development Facility for Latin America (GDF) for a half-day Technical Assistance Forum (TAF) at GEOLAC 2018. The Technical Assistance Forum (TAF) is designed to assist ministries and policy-setting agencies interact with development finance organizations to identify technical assistance gaps and opportunities across the geothermal development spectrum.  While the forum is policy […]

Webinar: A new era of investment in LAC geothermal?

| June 13, 2018

To set the stage for the 5th Geothermal Congress for Latin America & the Caribbean (GEOLAC) on JULY 17-18 in Mexico City, New Energy Events and ThinkGeoEnergy are exploring the big trends in the regional and global geothermal markets and what those trends mean for the development of projects across the region.  The webinar “A new era of […]

LAC geothermal countries line-up for GEOLAC 2018

| June 8, 2018

The organizers of GEOLAC 2018 are excited to announce high public sector engagement from Latin America & Caribbean countries. At this stage, senior government officials from Argentina, Chile, Ecuador, Bolivia, Peru, Guatemala, Mexico as well as all the Caribbean geothermal nations, are confirmed to participate. 

Why resiliency changes the investor view on the Caribbean energy sector

| June 7, 2018

Guest Editorial written by Doug Hewson, Managing Partner, Portland Private Equity As we enter the 2018 hurricane season, we are beginning to understand how last year’s monumental storms have impacted private equity’s view on the Caribbean energy sector. It’s no secret that the regional energy sector has many issues: reliance on fossil fuels, sub-scale markets, and […]

St. Vincent geothermal project to commence drilling operations in 2019

| June 6, 2018

After renegotiating the power purchase agreement, St. Vincent and the Grenadines has reset the clock for its geothermal project. The commercial operation date is now set for around June 2021, with drilling anticipated to commence in January 2019.  “The issue, Mr. Speaker, why we have to push it further is because we took so long […]

Financing secured for 100 MW solar project in Puerto Rico

| June 6, 2018

Puerto Rico’s 100 MW Montalva solar project – deemed critical by the U.S. Financing Management and Oversight Board in late April – is lining up a robust financing package. Canada’s Greenbriar Capital Corp has signed $265 million mandate agreement with Pegasus Renewable Energy and Sustainable Infrastructure Credit Advisors LP, a subsidiary of Pegasus Renewable Energy […]

Tesla has 11,000 energy storage projects underway in Puerto Rico

| June 6, 2018

After having completed hundreds of energy storage project on the islands in the last few months, Tesla CEO Elon Musk now says that they have ‘about 11,000’ energy storage projects underway in Puerto Rico, which means something big is in the work. This follows Musk’s announcement from May that Tesla installed batteries at 662 locations […]

Developer selected for Bermuda’s 6 MW solar project

| June 6, 2018

Government officials in Bermuda have just signed an agreement with project developer, Saturn Solar Bermuda 1 Ltd. to build a 6 MW solar PV project on St. David’s Island, Bermuda. This announcement marks the official commencement of works for the project. While the LF Wade Airport PV project will be built next to the airport, […]

El Salvador launches auction to procure 28 MW of solar and biogas

| June 6, 2018

El Salvador just launched an auction to procure 28 MW of renewable energy. Eligible projects will include solar PV – ground-mounted and rooftop – up to 2 MW in size and biogas projects not to exceed 1 MW. Consejo Nacional de Energía (CNE), El Salvador’s energy regulator, is the authority managing the auction, and expects […]