CARICOM Secretariat is moving to increase the participation of Caribbean citizens in new energy programs via planned Energy Month events. It is important for residents “to really understand the energy situation in the region and what is being done on the macro scale to provide the right size solutions,” said Dr. Devon Gardner, Programme Manager […]
The promises of a new-style development from the Chinese may in fact be more “gilded than gold” as evidence of this truth is found in China’s relationship with Guyana. The Caribbean has become home to many Chinese-built infrastructure projects; earlier this year Chinese workers flocked to Jamaica to complete a US$730 million mega-highway. But in […]
Latin America hosts some of the world’s most dynamic renewable energy markets, according to IRENA. Countries in the region are endowed with renewable resources that make for unprecedented opportunities in solar, wind, hydro and geothermal energy. The rapid reduction in technology costs help to buoy the business case for renewables investment and with the right […]
The 300 MW Dulces Nombres II power generation facility will boast the latest technology advances according to Iberdrola, which has commissioned the plant in the State of Nuevo León, Mexico. Technology that is more cost-effective will help the $250 million combined cycle power plant to meet the electricity demand of the region’s industrial sector while […]
Among the islands of the Caribbean, Aruba stands as an example with its commitment to transition to 100 percent renewable energy by 2020. Plans include building new solar and wind farms, converting waste to energy, and working to increase energy efficiency. New strategies for efficiency are being developed to combat the high cost of energy, […]
Three banks will finance 115 MW wind farm in Chile. Japan’s SMBC, France’s Credit Agricole, and Norway’s DNB have agreed to provide financing for the proposed Cabo Leones 1 Wind Farm in Chile’s Atacama Desert. Spanish energy company, Ibereolica and France’s EDF Energies Nouvelles closed financing with the three banks, according to two sources with […]
El Salvador might be seeing more solar in its future. The Obama administration announced its intention to provide further funding for renewable energy worldwide, including solar projects in El Salvador. The Overseas Private Investment Corporation (OPIC), the US government’s international finance division, will commit $50m towards eight utility-scale solar PV projects in El Salvador. These projects will […]
Enel Green Power Peru has started construction of the 180 MW Rubi solar PV plant in the Moquegua District of Mariscal Neito Province. The $170m solar project will have the capacity to generate 440 GWh per year, and once completed will be the largest solar project in Peru Rubi is expected to begin commercial operation in 2018. […]
Early next year, Guyana expects to deliver its newly developed clean energy transition plan. Announced in Morocco at the COP22 meeting in a joint statement with Norway, Guyana will explore options for implementing clean energy including a facts-based consideration of the Amalia Falls Hydropower Project and all other possible renewable energy options. Read more here.