Author Archives: newenergyadmin

CAF & Exergy Announce Sponsorship of GEOLAC 2015

The organizers of the Geothermal Congress for Latin America and the Caribbean (GEOLAC 2015) are excited to announce that CAF, Development Bank of Latin America, and Exergy, the developers and producers of Organic Rankine Cycle (ORC) systems, have renewed their sponsorship of GEOLAC for 2015. New Energy Events looks forward to working with Exergy and CAF […]

The World Bank Group to Co-Host GEOLAC 2015

New Energy Events, the organizers of GEOLAC, are proud to announce that the World Bank Group will reprise its role as Co-Host of GEOLAC for 2015. The World Bank Group is the single largest multilateral development financier of the global geothermal markets and is currently leading the Global Geothermal Development Plan (GGDP) that has raised […]

Germany to provide $112mm for Geothermal in Central America

After a meeting between Nicaragua’s president, Daniel Ortega, and Klaus Kramer, head of the Division of Regional Development Policy for Central America and the Caribbean of the German Economic Cooperation and Development Ministry, Germany announced the establishment of a line of credit for Central American geothermal projects. Total available financing is 100 million euro ($112 million). […]

IDB doubles climate, clean energy fund to US$100mn

Offering loans from $50,000 – $1 million as part of a clean energy fund to private firms for energy efficiency and self-supply renewable energy, and adaption investments, the Inter-American Development Bank will double its funding for climate and clean energy projects to $100 million.

Honduras and South Korea Join Forces on Climate Change

The South Korean and Honduran leaders met and agreed to cooperate on climate change mitigation strategies, including transitioning to green infrastructure through measures such as improving power transmission, importing electric cars and installing charging stations in Honduras. Read more here.    

$958 Million Geothermal Project Approved By Costa Rican Legislature

Last week, the Costa Rican Legislative Assembly approve a $958 million geothermal project. Funding comes partially from JICA and the European Investment Bank, with the remainder provided by the Costa Rican Electricity Institute. With these funds, four 50 – 55MW plants will be constructed. They are expected to produce electricity at a cost of 5 […]

Three Months and Counting … 50+ Speakers Confirmed for CREF 2015 in Miami

Three months until we convene for CREF in Miami, CREF’s agenda already features a stellar line-up of over 50 speakers. Encompassing an extraordinary range of public and private sector leaders drawn both from the region and from participants in the international energy markets, speakers this year will participate in CREF’s most ambitious agenda to date. […]

Hundreds of Barbadians Participate in Free LED Program

Hundreds of people lined up in Barbados last week for Barbados’ fifth LED give away program. Funded by the Barbados Division of Energy, Caribbean LED Lighting, Inc, and Courts Barbados, the program is an effort to get Barbadians to integrate green measures into their daily lives.

PM Breaks Ground for US$60m Solar Energy Plant in Jamaica

The ground was broken last week on what is to be the largest solar energy plant in the Caribbean. Financed by WRB Enterprises, the array will be connected to the grid by June 2016.