GEOLAC Market News - New Energy Events

El Salvador tenders up to eight geothermal wells at Chinameca
October 11, 2026
El Salvador’s Chinameca geothermal program is tendering up to eight wells-five production and three reinjection wells-at planned depths of roughly 1,800 to 2,200 meters. The verified bid deadline is December 16, 2026. Source: GTAI
Grenada opens infrastructure tender for two geothermal slim-hole wells
October 11, 2026
Grenada is inviting bids across three lots for access roads, water intake and pipelines, drill pads, generators, pumps and related systems supporting two geothermal slim-hole wells. Bids are due November 6, 2026. Source: Government of Grenada
EU and Nevis explore financing and regional transmission for geothermal project
October 11, 2026
The EU and Nevis have begun discussions on possible concessional loans, grants and technical support for the island’s geothermal project, including a potential inter-island transmission framework linking St. Kitts with nearby Dutch, French and Eastern Caribbean territories. Source: Nevis Island Administration
Ecuador opens support tender for US$250 million geothermal project
September 27, 2026
Ecuador has opened a tender for a 165-day technical support contract linked to a geothermal project valued at approximately US$250 million, with bids due October 1. Source: BNAmericas
Dewhurst begins Cóndor Paipa geothermal exploration in Colombia
September 11, 2026
Dewhurst Group has formalized the exploration phase of its Cóndor Paipa geothermal project in Boyacá, covering a 9.98 km² area under Colombia’s first geothermal exploration permit granted to a private company. The project represents potential investment of up to US$180 million and is planned to include geothermal power generation, a center of excellence and development […]
Nevis geothermal project advances toward drilling phase
July 30, 2026
The Nevis Geothermal Project is set to enter its drilling phase, with the rig expected to arrive in the coming weeks and drilling to start later this year. Premier Mark Brantley said earlier delays have been cleared, funding is now in place, and the project continues to move forward as a joint effort between the […]
Dominica prepares to commission landmark 10 MW geothermal plant
July 30, 2026
Dominica is set to commission its 10 MW geothermal power plant on July 31, marking a major milestone in the country’s energy transition. Backed by a US$51.45 million financing package led by the World Bank and other partners, the project will supply renewable electricity under a power purchase agreement with DOMLEC while supporting local job […]
Colombia issues first geothermal exploration permit
July 20, 2026
Colombia has issued its first geothermal exploration permit, authorizing the five-year El Barranquero project to assess underground heat resources near the Caldas–Antioquia border. The exploration will evaluate the site’s potential for commercial geothermal power generation and could pave the way for future integration into the country’s electricity system. Source: Colombia One
Colombia approves first major geothermal exploration project at Nereidas
May 28, 2026
The Colombian government has started the exploration phase for the Nereidas geothermal project in Caldas, marking the country’s first major geothermal exploration initiative and signaling growing government support for the sector. Source: ThinkGeoEnergy