The Brazilian Development Bank (BNDES) has approved $168.4 million financing for the construction of the Pirapora solar plant, completion date anticipated August 2018. It is the first loan approved by the BNDES in the frame of its program to support solar and renewables. The BNDES said that the 150 MW (AC) project, which is currently […]
Haiti is seeking to expand energy access across its rural towns with a project that could potentially build build 80 community microgrids over the next 5 years. EarthSpark International, a leader in microgrids, has announced a Request for Proposals (RFP) for 1-3 power generation systems for community-scale microgrids in the South Department of Haiti. The […]
Industry analysts have long forecasted a spiked growth in Mexico’s solar energy sector, but now experts are predicting 2018 as the “take-off year”. The energy transition has been ongoing for several years as Mexico implemented policy reforms, but with solar winning big at the past two auctions the grid will be taking on over 4 […]
Barbados is staying on track for a 2018 construction timeframe of the 10 MW wind farm in Lamberts, St. Lucy, according to a speech delivered this week by managing director of Barbados Light & Power, Roger Blackman. BL&P and Barbados Farms Limited are in the process of finalizing the terms of the agreement for the St […]
The organizers of CREF are excited to announce that Hon. Ian Liburd of St. Kitts and Hon. Troy Liburd of Nevis will participate in a joint session at CREF designed to explore the complementarity of the two geothermal projects, implications for international investors, and opportunities for the export of power to neighboring islands.
To guarantee projects are delivered on time, the Dominican Corporation of State Electric Companies (CDEEE) established a 18-month deadline for eight renewable projects with a combined capacity of 361 MW. After years of delay, the projects, as reported earlier, were recently approved by the CDEEE and received financing from private investors. In addition to the new […]
The IDB has told Jamaica it would be willing to finance waste-to-energy, if the price is right. “We could finance waste to energy,” but “at the end of the day, it’s going to come down to the cost. I think that’s a key component which I don’t know if it has been fully analysed,” said […]
The conditions for investment in Haiti’s renewable energy sector are improving. On June 12-13, the Government of Haiti, with support from The World Bank and the Korea Green Growth Trust Fund, will host the Haiti Sustainable Energy Forum in Port-au-Prince to underscore its readiness for investment and provide insight into emerging opportunities. Read on for […]
The Mexican government has published the first version of the bidding rules for the third renewable energy auction. The auction, which will be held in November, is open to solar and different “clean” technologies. Through the auction, the Mexican government will award capacity, clean energy certificates (CEL) and contracted power. Projects selected in the auction […]