Central America - Page 2 of 11

As South American LNG demand soars, New Fortress secures gas supply through 2027
July 14, 2021
New Fortress Energy Inc. (NFE) has reached an agreement for liquefied natural gas (LNG) supply through 2027 for most of its import terminals and power generation facilities. The company has nine import terminals in operation or under development in the Caribbean, Central America, Mexico and South America. It imports LNG in underserved markets where it’s […]
El Salvador plans bitcoin mining using geothermal energy
July 14, 2021
El Salvador announced plans on accepting cryptocurrency as legal tender and calls for the use of geothermal energy for bitcoin mining in the country. News outlets around the world are going a bit wild on recent stories that El Salvador wants to “power crypto-mining with 100% cheap, renewable ‘Volcano’ energy”. Before jumping on that wagon, […]
Bluestone to progress studies on geothermal project, Guatemala
July 7, 2021
Reporting on the progress on the company’s Cerro Blanco gold mining project in Guatemala, Bluestone Resources Inc. announced plans for an open pit gold mine development. Proceeding with a feasibility study, permitting, and capacity building in the communities within the area of influence, the element of “responsible development” is highlighted by Bluestone. Source
Cryptocurrencies, central banks, and the Caribbean
June 22, 2021
In less than three months’ time, El Salvador intends becoming the first country in the world to make Bitcoin its official currency alongside the US Dollar. The country’s President, Nayib Bukele, a populist and media savvy disruptor, says that his decision will generate employment, enable the financial inclusion of tens of thousands of the country’s […]
How Covid has changed the Caribbean renewable energy business, and how the renewable energy business can help the economic recovery of the Caribbean
June 9, 2021
By: Bruce Levy, President & CEO, BMR Energy The short term economic impact of the Covid-19 pandemic on the Caribbean has been devastating. Affecting governments, businesses and individuals alike, unemployment was – and still is – rife and the recovery will be long and slow. A year ago many of us felt that the impact […]
Energy transition discussions evolve in Central America and the Caribbean around hydrogen
May 25, 2021
Representatives from the LAC region gathered in California to discuss the challenges surrounding energy evolution, such as the need for battery storage and the hype for hydrogen from gas or renewables. Salvador Handal, executive secretary of the state-owned but autonomous National Energy Commission of El Salvador reiterated there’s a growing role for hydrogen across the region saying […]
BMR Energy starts construction of Costa Rica solar facility
May 21, 2021
BMR Energy, a developer, owner, and operator of clean energy projects in the Caribbean and Latin America, announced today it has started construction on its newest solar photovoltaic project, the Valle Escondido solar facility located in the municipality of Bagaces, province of Guanacaste, Costa Rica. The Virgin Group company will own and operate the long-planned […]
MPC Caribbean Clean Energy assessing impact on tariff reduction at its Costa Rican associated company, Tila Wind
March 24, 2021
Jamaica and Trinidad cross listed company MPC Caribbean Clean Energy Limited is now assessing the commercial impact of the Costa Rican light and power company reducing the tariff on energy produced by its associated renewable energy company in that country, Tila Wind Corporatión S A, which trades under the name Tilawind. Source
The decarbonization of Costa Rica goes through hydrogen
February 11, 2021
Ad Astra Rocket founder and scientist Franklin Chang-Díaz, a retired businessman and astronaut, shares his vision of hydrogen in the country, as well as the difficulties of carrying out ventures in Costa Rica and the need to modernize Costa Rican legislation on these issues. Source