Central America - New Energy Events

Panama Leads in the Hydrogen Energy Transition in Central America
January 19, 2022
Panama leads in the hydrogen energy transition in Central America as it shifts toward becoming a hub for green hydrogen production and distribution. The Secretary of Energy in Panama recently released a Green Hydrogen Roadmap positioning Panama as a key player in the future of the hydrogen market. Source: Energia Estrategica (In Spanish)
Pros and cons for El Salvador, the first bitcoin nation
September 10, 2021
El Salvador became the first country in the world to recognize bitcoin as legal tender, a move President Nayib Bukele says will save Salvadorans living abroad millions of dollars in commissions on money they send home. Despite Bukele’s popularity, the move has been greeted with skepticism by many Salvadorans who are concerned about the cryptocurrency’s […]
Inter-American Dialogue launches task force on climate change in the Northern Triangle
September 10, 2021
The Inter-American Dialogue has launched a task force to tackle climate change in the Northern Triangle. The countries of Central America’s Northern Triangle (El Salvador, Guatemala, and Honduras) are among the most vulnerable in the world to the severe and mounting impacts of climate change. Hurricanes regularly strike the region, compounding preexisting humanitarian and economic […]
MPC Energy Solutions selects EPC contractor for the construction of new 21 MW solar power plants in El Salvador
September 7, 2021
MPC Energy Solutions has selected ISOTRON SA, part of Spanish Grupo ISASTUR, as EPC contractor for the construction of its Santa Rosa & Villa Sol solar photovoltaic (PV) plants in El Salvador, which have a combined capacity of 21.07 MWp. The construction will commence in September upon financial close with the project financing lender. The […]
Caribbean, Central America solar development advances
September 1, 2021
Various companies across Central America and the Caribbean reported advances in developing solar capacity in the region. The report highlights the Dominican Republic’s national energy commission (CNE) has authorized photovoltaic resource studies for four solar projects which hold provisional concessions. It also highlighted the provisional licenses granted in Panama to Argentum Solar and Caldera Energy for […]
Ormat wins contract for San Jacinto geothermal plant expansion
August 13, 2021
Polaris Infrastructure Inc. announced today that it has signed a definitive agreement with a wholly subsidiary of Ormat Technologies Inc. for the supply of a 10 MW (net) Binary Unit at its San Jacinto geothermal power plant in Nicaragua . The additional Binary Unit is in response to Polaris’ previously announced December 2020 extension of the Power Purchase Agreement […]
IDB Invest, Neoen improve the stability and security of El Salvador’s power grid
August 2, 2021
IDB Invest, a member of the IDB Group, has granted two long-term loans to the Capella Solar and Providencia Solar projects operated by Neoen, one of the most dynamic renewable energy producers in the world. The resources will be used to finance two new energy storage batteries for the aforementioned projects and to refinance the […]
Deetken Impact sustainable energy’s investee – Solar Development Panama – secures US$4 million senior loan from Banistmo
July 31, 2021
Impact Asset Manager Deetken Impact Sustainable Energy (DISE), announces that its investee company, Solar Development Panama SA (SDP), has secured a US$4 million senior loan facility from Banistmo after finishing construction and beginning to supply energy through a long term private Power Purchase Agreement (PPA). The securing of this loan aligns well with our Funds’ […]
AES sees ‘aggressive’ gas competition in CentAm, Caribbean
July 21, 2021
The large presence of LNG terminals in Central America and the Caribbean has led to a large availability of natural gas and very aggressive competition, according to Freddy Obando from AES. The US company’s chief commercial officer for Mexico, Central America and the Caribbean made the comment during a virtual forum on the future of gas […]