GEOLAC Market News - Page 29 of 34

Online course on geothermal exploration offered for Latin America & Caribbean professionals
May 29, 2016
A “Basic Course in Geothermal Exploration for Regional Integration” will be offered by the National Energy Board of El Salvador, the University of El Salvador and LaGeo, in collaboration with the Inter-American Development Bank (IADB). Two sessions will be offered online, starting on July 18th and 25th respectively, and running for 8-9 weeks. The course has […]
Guadeloupe: geothermal exploration license granted
May 25, 2016
The French government granted the island of Guadeloupe a license to explore for geothermal in the area of Vieux Habitants. The license will allow exploration through geological, geophysical and geochemical surveys to be conducted over the next five years. The first part of the study, which involves surface exploration, is expected to be finished by […]
St. Vincent and the Grenadines receives funding for geothermal energy development
May 21, 2016
In an effort to further develop the renewable energy sector of St. Vincent and the Grenadines, the Caribbean Development Bank has signed an Memorandum of Understanding (MOU) with the Government of the United Kingdom, through its Department for International Development. The high costs of energy in SVG have long been ranked as a major obstacle […]
Montserrat: geothermal will boost economy
May 20, 2016
The Head of Government Business in Montserrat, Premier Donaldson Romeo, state that he hopes spin-off industries will be born from local geothermal production. During a telephone interview from Miami with ZJB Radio on Wednesday, Premier Romeo said: “In the very area are where the production would be located, there is a possibility for companies who […]
Dewhurst Group Selected as Lead Geothermal Project Manager for KfW Fund
May 17, 2016
KfW announced the launch of Geothermal Development Facility, Latin America – a multi-donor climate initiative to promote geothermal energy in Latin America. The fund will provide grants for exploration studies, exploratory drilling and some technical assistance. Qualified developers in Chile, Bolivia, Peru, Ecuador, Colombia, Costa Rica, Nicaragua, El Salvador, Honduras and Guatemala can apply for funding. IDA […]
Latin America: Big credit line for development of geothermal energy from German bank
May 16, 2016
Germany’s Ministry for Economic Cooperation and Development (BMZ) and Development Bank of Latin America (CAF) signed an agreement to promote the development of energy projects in Colombia, Ecuador, Peru, Bolivia, Chile and Mexico. The first credit line of €250 million (c. $286 million) will be allocated to lowering financing that CAF grants to geothermal projects in the region. The […]
Geothermal Research and Development Center opens in Mexico
May 12, 2016
The Mexican Center for Innovation in Geothermal Energy, CeMIE-Geo, is an academia-industry alliance supported by the Mexican Secretary of Energy (SENER) and the National Science and Technology Council (CONACYT) aimed to promote and accelerate the use and development of geothermal energy in Mexico. The center is located in Ensenada, Baja California.
Latin America eyes volcanoes to fire up clean development
May 6, 2016
Mexico and Costa Rica plan to reduce their dependence on fossil fuels via geothermal and hydropower, part of an effort to meet the goal adopted by governments in the new Paris climate change agreement to keep global temperature rise “well below” 2 degrees Celsius above pre-industrial times. In 2015, 73 percent of Costa Rica’s energy […]
Fortune favors the bold: St. Vincent moves swiftly to develop geothermal
May 2, 2016
In a region which has struggled to get its geothermal ducks in a row, everything appears to be coming together in Saint Vincent and the Grenadines, for what could be the first geothermal project built in the Caribbean in 30 years. “There’s no reason we should be the first, but we might be because we […]