GEOLAC Market News - Page 12 of 32

Montserrat 250 KW solar PV plant enters into commission, geothermal also moving forward
May 13, 2019
Montserrat inaugurated a major solar PV project, with the Premier saying the island would continue to develop both solar PV and geothermal energy projects. The 250KW solar PV plant has entered into commission, and will deliver 10% of Montserrat’s load demand. Montserrat Premier Romeo also emphasised the country’s goals for geothermal energy development, saying “on […]
Nicaraguan geothermal plant sees increase in power generation and revenues
May 8, 2019
Polaris Infrastructure have published their Q1 reports, which indicate an increase in the production of the San Jacinto geothermal power plant in Nicaragua. The increase in power generation from the power plant has also resulted in an increase in profit, up from half a million compared to the same period last year The 72MW geothermal […]
Geothermal training programme to be provided in El Salvador by UN
May 8, 2019
A memorandum of understanding was signed between the United Nations University Geothermal School, in Iceland, and the geothermal power company LaGeo in El Salvador. This agreement will continue their cooperation on geothermal training and knowledge-sharing. A further agreement was signed to continue a joint diploma based in the University of El Salvador, with La Geo […]
Renewables make up a fifth of energy sources connected to Chile’s central grid
May 3, 2019
Chile’s National Energy Commission has published a report which highlighted that over a fifth of the country’s energy sources connected to the central grid are from clean renewable sources. The total installed capacity of renewable energy is of 4.884MW. In the sector of geothermal energy generation, 40MW are currently in testing phase, 120MW are in […]
License granted for geothermal project in Chile
April 24, 2019
The Chilean Energy Ministry has awarded a license for geothermal exploitation of the Peumayén concession in souther Chile to Transmark Chile SpA. Transmark Renewables is an international company specializing in the global development of geothermal energy, with presence in three continents. One of the regional centres of the company is in Chile. A license was […]
Tender deadline extended for Bolivian geothermal project
April 18, 2019
The Bolivian power utility ENDE has announced it would extend the deadline for its tender calling for expressions of interest for a geothermal project planned in Bolivia. The deadline has been extended to April 30, 2019. This will give the opportunity to an interested party to submit their interest for consultancy services on surface studies […]
Drilling starts at geothermal site in St. Vincent and the Grenadines
April 5, 2019
Four heavy-duty cranes have arrived on St. Vincent and the Grenadines with drilling now underway on the island’s planned geothermal site. The drilling for the wells which will supply steam to the 10MW geothermal power plant has started recently. The cranes will be used to lift and move the drilling apparatus. This geothermal power plant […]
Dominica geothermal project makes headway
March 27, 2019
Dominican representatives announced that following the acceptance of a financing package by the World Bank, Dominica’s geothermal project has made headway with the purchase of two 3.5MW turbine. The Senior Advisor to the Dominica Geothermal Development Company, His Excellency Dr. Vince Henderson also advised the technical plan for the development of the project was secured. […]
Bill sent to Chilean Congress to better geothermal concession system
March 25, 2019
The Chilean Minister for Energy, Susana Jiménez, announced a bill would be sent to the Chilean Congress to facilitate the development of geothermal projects. This is a clear signal from the Chilean Government of its commitment to geothermal and the benefits it brings in consistent and clean energy, and its aim to facilitate investment and […]