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Geothermal

  • Laguna Colorada project updates from GEOLAC

    April 27, 2017

    At the GEOLAC conference in Mexico City, Marco Antonio Escobar Seleme, the head of the Laguna Colorada geothermal project by ENDE in Bolivia provided an update on the 100 MW project. The project recently signed a loan with JICA from Japan over $552 million for the development of the project. The geothermal potential of Bolivia along […]

  • Chile, Guatemala and Peru lead proposals for GDF geothermal facility

    April 27, 2017

    In his presentation on the experience of KfW at a risk mitigation panel of the GEOLAC conference in Mexico City, Jens Wirth, Senior Project Manager at KfW shared results of the first call of the Geothermal Development Facility (GDF). The GDF was set up as the first multi-donor climate initiative to promote geothermal energy in Latin […]

  • What’s holding back LAC geothermal? Five-in-five with Alexander Richter, ThinkGeoEnergy

    April 13, 2017

    New Energy Events interview series, Five-in-Five, features concise and incisive interviews with leading industry players. We’ll be putting five market-critical questions to each of our interviewees over the course of a five minute segment. Ahead of the Geothermal Congress for Latin America and the Caribbean (GEOLAC), New Energy Events spoke with Alexander Richter, Founder of ThinkGeoEnergy and President […]

  • Is Geothermal Competitive in an Era of Low Cost Renewables?

    April 12, 2017

     Guest Editorial written by Kevin Wallace, POWER Engineers News on power purchase rates of 40-50 $/MWh for new solar-PV plants begs the question – can geothermal be competitive, with prices challenging for any but the   largest of geothermal projects? We feel geothermal still has a valuable role in the energy portfolio, if the wider […]

  • St. Lucia convenes today for public consultation on geothermal project

    April 11, 2017

    The Government of Saint Lucia (GoSL) convenes its third public consultation for its geothermal project today, where high-level representatives from the Department of Sustainable Development are expected to make informative presentations of the plans of the GoSL for geothermal exploration. The exploratory phase of the project continues with the next crucial steps being the completion of […]

  • Nicaragua poised for geothermal boom, defines twelve areas for development

    April 7, 2017

    With large private and public investments and the support of the World Bank and the IDB, Nicaragua is ready to take advantage of its high renewable energy potential. With a potential of more than 2,000 MW, Nicaragua is one of the most attractive countries in Central America when it comes to investment into geothermal energy development. In 2014, […]

  • Chilean geothermal plant begins operations, a first for South America

    April 3, 2017

    The long anticipated 48 MW geothermal power plant Cerro Pabellon has started commercial operation supplying electricity to Northern Chile. The Cerro Pabellón plant is located at an elevation of 4,500 meters above sea level in the Ollagüe commune in the Atacama Desert. The plant is the first geothermal installation in all of South America, and […]

  • Chile: $30m loan for exploratory phase at Cerro Pabellon geothermal project

    March 29, 2017

    The Inter-American Investment Corporation (IIC) has signed a US$30 million corporate loan facility with Enel Green Power Chile to finance exploratory works for what could be the first geothermal power project in South America—the Cerro Pabellon geothermal power plant in Chile. The loan will be funded by the Clean Technology Fund Loan (CTF), administered by […]

  • St. Kitts geothermal feasibility study proves geothermal, government to decide path forward

    March 28, 2017

    A feasibility study done by Teranov, a French engineering and services company for new and renewable energy based in Guadeloupe, has proven that there is potential in St. Kitts to develop at least 18 to 36 megawatts of geothermal power. Photo: (L-R) Joseph Williams; Dr. Devon Gardner; Dr. Vince Henderson; Hon. Ian Patches Liburd; Jacques […]

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