Eight Rivers Energy Company has secured $50 million in financing this month for what will be Jamaica’s largest solar plant. The loans were secured through foreign institutions, following an invitation to local banks to participate. Local institutions were unable to comply with the necessary terms, according to EREC partner Angella Rainford. “We invited select local […]
Haitian President, Jovenel Moïse, began his current five-day visit to Taiwan with a 30-member delegation, and the Minister of Economy and Finance, Jude Alix Patrick Salomon, announced that Taiwan has granted a loan of US$ 150 million to build an extensive electric grid in Haiti. Haiti remains one of the Taiwan’s last Caribbean allies as neighbors […]
Bahamas Power & Light (BPL) has received a proposal from a Bahamian-led consortium to develop a $40-50m biomass power plant in North Andros. This cross-sectoral effort would meet energy and agricultural needs in the region, in a partnership with the Bahamas Agriculture and Marine Science Institute (BAMSI). BAMSI has plans to clear land to renew […]
In mid-May the Legislative Assembly of Costa Rica approved a piece of legislation authorizing an agreement of a line of credit for $ 500 million to the Costa Rican Electricity Institute (ICE) from the Inter-American Development Bank (IDB) ). The line of credit provides ICE with money to finance geothermal energy programs. It also includes resources […]
The Nicaraguan government is currently promoting investment projects in renewable energy with businessmen from South Korea. Upon completion of feasibility studies for large hydroelectric projects, Korean funds and multilateral funds will finance their construction and operation. The deputy director of the Ministry of Land, Infrastructure, and Transport, Ji Woo Kim, led the delegation, praising Nicaragua […]
El Salvador’s solar industry is growing, with the first 10 MW of ten solar PV plants inaugurated this week. When completed, the Bosphorus project will have 10 solar PV projects generating a total of 100 MW. AES El Salvador, the Salvadoran subsidiary of US power company AES Corporation, and the Guatemalan Corporación Multi Inversiones (CMI) are […]
The US Virgin Islands Water and Power Authority (VIWAPA) is soliciting proposals for the development of a hybrid microgrid on the island of St. John. This includes an RFQ for the upcoming procurement of a solar and battery storage solution, available via this link, as well as an RFP for generators, available via this link. If you have any specific […]
Puerto Rico regulators take important steps to lay the groundwork for developing a microgrid industry as they issued final microgrid rules just five months after draft rules were released. The Puerto Rico Energy Commission issued the rules (CEPR-MI-2018-0001), ordering the utility PREPA to establish interconnection rules in 120 days. Until these rules are in place, only […]
On its path to environmental sustainability, Costa Rica is now setting out to to solve its waste management problem. Total Waste Energy Solutions (T.E.W.S) has submitted a proposal to build the largest waste-to-energy gasification plant in Latin America. It will be unique in Latin America as the only solid waste energy park, which will include […]