Antigua and Barbuda will be making a major infrastructure upgrade to two major roads with the assistance of the Caribbean Development Bank (CDB). The CDB approved a grant of £13.9 million to assist the country with the rehabilitation of two major roads, the Sir George Walter Highway and Friars Hill Road, which connect the capital of […]
The much anticipated Latin American geothermal exploration/drilling fund is opening its doors for business. The Geothermal Development Facility, whose objective is to encourage public and/or private investment in geothermal power development in Latin America, has issued its first call for Expressions of Interest, to be submitted by January 15, 2017. Interested applicants may submit a […]
The EU’s $91m programme, INTERREG V Caribbean, set to strengthen relationships between Guadeloupe, Guyana, Martinique and Saint-Martin and its Caribbean neighbors will officially kick off on Wednesday 12 December in Saint Lucia. The programme will focus on boosting economic competitiveness through regional cooperation between the French Overseas Departments and their English-, Spanish-, and Dutch-speaking Caribbean countries and […]
The Caribbean Development Bank (CDB) will loan $65m to the government of Suriname, and the government and utility will contribute $33.325 to make upgrades to Suriname’s electricity grid. The Board of Directors of the Caribbean Development Bank (CDB) approved the loan which will upgrade and expand sections of the country’s transmission, sub-transmission and distribution networks, […]
Latin America is already a leader in clean energy. Costa Rica ran for 7 months on clean energy alone last year and Uruguay came close to that. In 2014, the latest year for which comparable data exist, Latin America as a whole produced 53% of its electricity from renewable sources, compared with a world average of […]
Bolivia has committed to diversifying its energy supply, and if all goes according to plan geothermal will be an integral part of their profile. Geothermal exploration at the Laguna Colorado site – close to the border of Chile – is set to begin in 2017 with the support of ICE from El Salvador. The plant […]
Costa Rica is a renewable energy powerhouse – often going weeks running its infrastructure with renewable energy only – so to lower carbon emissions further, the focus is shifting onto electric vehicles. South Korea’s POSCO ICT Co. announced Tuesday it has installed electric vehicle recharging stations in Costa Rica as part of its project to […]
An aggressive investor in Latin American renewables, Enel has announced its updated plan for 2017-2019, and if all works out to plan, the Italian utility will be in a very good position. In its updated plan, ENEL SpA has expanded its earnings targets with an aggressive capital-expenditure program for 6.7 GW of renewable energy capacity. And that’s […]
A nonprofit is working in Peru to get power to remote communities using solar technologies. An estimated 3 million people in Peru don’t have access to power, largely because of the remoteness of the villages where they live.“From the Andes to the Amazon, folks are really spread out,” said Michael Callahan, CEO of PowerMundo, a […]