The Puerto Rico Electric Power Authority (PREPA) has selected Walter Higgins as its new CEO. Higgins led Ascendant from 2012 to 2016, during which Bermuda was hit by three hurricanes, PREPA said in a statement. That could give him vital experience leading Puerto Rico’s utility, which even six months after Hurricane Maria is struggling to bring all customers […]
A Co-Host of GEOLAC since 2014, the World Bank has confirmed that it will return as a headline sponsor of GEOLAC in 2018, underscoring its long-term commitment to the development of geothermal across Latin America and the Caribbean. A senior World Bank team at GEOLAC, led by regional energy head Antonio Barbalho, will present the […]
We are pleased to announce that the Inter-American Development Bank (IDB) will be headlining GEOLAC for the first time in 2018, joining the World Bank as a Co-Host of the event. The IDB is actively supporting the development of geothermal across Latin American and Caribbean markets. At GEOLAC 2018 the IDB will shine a spotlight […]
Michelle Ramirez, Director of Geothermal for Mexico’s Secretariat of Energy (SENER), has confirmed her participation in GEOLAC 2018. Mexico is the 6th largest producer of geothermal world-wide and has significant plans for further geothermal development. In November 2017, CFE inaugurated the 25 MW Los Humeros III geothermal power plant in the State of Pueblo, Mexico.
High temperatures and adequate steam from Nevis’ geothermal reservoir has project developers elated, with testing completed and production well drilling expected to commence this summer. On March 16, 2018, Robert Stacy, Senior Reservoir Engineer at GeothermEX shared that the resource is promising. “[There are] high temperatures down at resource at commercial grades to produce power,” […]
St. Lucia’s geothermal project is engaging stakeholders as they prepare for exploratory drilling; important, as past geothermal activities left a bad impression for St. Lucians. Last week the government held a public consultation bringing together stakeholders including private consultants and the World Bank to discuss the project and plans for future exploration. Project leaders brought […]
Gov. Ricardo Rosselló did not commit Friday to bring the price of electricity to 15 cents per kilowatt-hour (kWh) as requested by Puerto Rico’s industrial and manufacturing sector, also insisting that the regulator must be a key component in efforts to control the electricity price. Rosselló also said the Puerto Rico Electric Power Authority (PREPA) […]
Puerto Rico is working with companies including Tesla, AT&T and others in the blockchain space to tackle the unprecedented infrastructure overhaul needed post-Hurricane Maria. Companies such as Google, Tesla and Virgin Atlantic are involved in discussions to revitalize locations like airports and others across Puerto Rico. Omar Marrero, Executive Director of the Puerto Rico Public-Private […]
New York Federal Reserve Bank President, William Dudley, said that Puerto Rico should “start from scratch” rebuilding its already outdated power infrastructure after deadly Hurricane Maria last year devastated it. The U.S. Fed has authority over the territory. The Hurricane marks the worst natural disaster in 90 years and the largest government bankruptcy in U.S. […]