Author Archives: newenergyadmin

Castalia and New Energy Events to Launch Updated Project Marketplace

Launched in 2014, the Marketplace is a unique resource comprising vital project information on a pipeline of regional renewable energy projects in the Caribbean- including project size, technology, scale, status, capex, and more. A unique resource for both private and public sector market participants, the Marketplace database will be made available to all CREF participants. […]

Latin & Central America Divided Between Oil and Green Energy

The competition grows fierce between oil and green energy in Latin & Central America. With billions of dollars in fuel subsidies and tremendous renewable energy systems both installed and in the pipeline, Latin America is a continent divided. In a region where energy demands are expected to double within the next fifteen years, each country […]

Water, Climate, Energy Intertwined with Fight Against Poverty in Central America

Water, climate, energy policies are key to fighting poverty in Central America. According to Victor Campus of the Humboldt Center, an environmental think-tank in Nicaragua, Central American poverty cannot be solved without universal access to a sustainable power supply, water and climate change adaptation techniques. Developing tools in these domains is critical to the success […]

Indonesia and Costa Rica Sign Geothermal Cooperation Agreement

Indonesia and Costa Rica have signed a framework to increate bilateral cooperation between the two countries. According to the Jakarta Post, the Indonesia Foreign Minister Rento LP Maraud and Costa Rica’s Foreign Minister, Manuel Gonzalez Sanz, signed an agreement of cooperation on Sunday of last week. Though the agreement includes multiple sectors, such as disaster […]

El Salvador Geothermal: Drilling Starts on Well for 10 MW Power Plant

El Salvador geothermal takes another step forward. The government of El Salvador announced that drilling at the Chinameca geothermal site started this week. The well will produce an estimated 8 – 10 MW of energy by 2017. By 2019, the site will produce 50 MW annually. According to Comisión Ejecutiva Hidreléctrica del Río Lempa, David […]

75+ Speakers Confirmed for CREF 2015 – Caribbean Renewable Energy Forum

Less than two months until the 2015 Caribbean Renewable Energy Forum and the agenda is filling up with first-class speakers from across the industry. More than 75 speakers are now confirmed for the CREF 2015 agenda. Recent additions to the agenda include Luis Alberto Moreno, President of the Inter-American Development Bank, Dr. Warren Smith, President […]

President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, Confirms Opening Keynote at CREF 2015

Luis Alberto Moreno, the President of the Inter-American Development Bank (IDB), has confirmed that he will give the opening keynote at CREF 2015. Mr. Moreno’s participation in CREF serves to underscore the IDB’s long-term commitment to assisting the Caribbean as it transitions towards a cleaner, more cost effective, and sustainable energy matrix and hence reduce the Caribbean’s dependency on […]

Geothermal Project in Chile Heats Up

Chile’s first geothermal project comes to life. After 40 years of exploration and drilling, drilling for Chile’s first geothermal project at Cerro Pabellón is finally underway. Marcelo Tokman, General Manager of Chile’s utility, ENAP, highlighted the importance of geothermal exploration in a region that is heavily dependent on fossil fuels. ENAP shares ownership of the plan […]

Jamaica’s Grid to be 12.5% Renewable by 2016

According to Jamaican Energy Minister and CREF 2015 speaker, Phillip Paulwell, Jamaica is expected to source 12.5% of energy for its grid from renewable sources by the end of 2016. Paulwell continues to push for Jamaica to hit the national target of 30% renewables by 2020. Contributing to the increased share of renewables are 78MW of […]