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GEOLAC Market News

  • Nicaragua offers attractive incentives to geothermal developers

    March 6, 2017

    In a recent article by a lawyer from Nicaragua, an overview is given on the tax incentives for geothermal project development In Nicaragua. The country offers attractive tax incentives based on Act 443, “Law on the Exploration and Exploitation of Geothermal Resources” and any amendments thereto, published on November 17, 2014. The tax incentives available, […]

  • Argentina to improve policies for small-scale solar and geothermal

    February 27, 2017

    Argentina seeks to strengthen its policies for solar PV and geothermal, in an effort to increase its renewable energy and create a local solar industry. A new bill supporting the development of distributed generation is expected to be approved by the lower house in the first half of this year, and coming into effect in […]

  • Dominica seeks project manager for geothermal project

    February 24, 2017

    A job has been posted for the role of a Project Manager for the Dominica Geothermal Company in Dominica, Caribbean. Deadline March 1, 2017!! This is a unique senior executive role with an international development project in Dominica, Caribbean. The role would be for two years, with possible extension for up to an additional 12 […]

  • GDF Facility closes in 10 days for Latin American geothermal

    February 22, 2017

    There are 10 days left to apply for funding under the Geothermal Development Facility for Latin America. Launched on 15 January 2017 the period for submitting Expression of Interests runs out 28 February 2017. The following countries are eligible for consideration within the Andean Region: Bolivia, Chile, Colombia, Ecuador, and Perú. Within Central America, eligible […]

  • St. Kitts finalizing geothermal agreement, will explore interconnect to Nevis

    February 21, 2017

    St. Kitts is moving to finalize a geothermal agreement, while exploring the possibility of interconnection with Nevis and energy export. Confirming that geothermal resource exists on both St. Kitts and Nevis, Minister of Public Infrastructure with responsibility for Energy, the Honourable Ian Patches Liburd, called for a discussion on interconnectivity and energy export. “Given our many challenges, […]

  • LAC geothermal market to convene in Mexico City for GEOLAC 2017

    February 16, 2017

    New Energy Events, with our co-hosts at The World Bank, is excited to announce that the  4th Annual Geothermal Congress for Latin America and the Caribbean (GEOLAC) will take place in Mexico City from April 25th – 26th. As the Caribbean and Latin America search for ways to develop sustainable energy resources to meet growing power demands, geothermal energy […]

  • Dominica contributes $16m towards geothermal project

    February 15, 2017

    Dominica’s race to geothermal is speeding up with the latest injection of US$16m/EC$45m towards the project, as announced by the Hon Prime Minister and Minister for Finance, Dr. Roosevelt Skerrit, speaking at a private sector forum at the Fort Young Hotel last Friday. Already having committed $15m, and with contributions expected from other financial institutions, […]

  • US Geothermal to participate in Guatemala’s geothermal RFP

    February 8, 2017

    Geothermal developer and operator U.S. Geothermal has announced plans to participate in a 40 MW Request for Proposals in Guatemala for geothermal with its El Ceibillo project in the country. On January 10, 2017, the Guatemalan government, through the National Electrical Energy Commission (COMISIÓN NACIONAL DE ENERGÍA ELÉCTRICA-“CNEE”), announced that it is preparing to issue […]

  • OECS geothermal stakeholders want regional mechanism to support development

    February 6, 2017

    Developing geothermal energy in the Eastern Caribbean could benefit from improved financing, government policy, and the establishment of a regional mechanism to support geothermal development in the region. This information comes as result of a survey conducted by the Energy Unit of the Organisation of Eastern Caribbean States (OECS) Commission on geothermal development in the […]

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