GEOLAC Market News

Mexico ranked sixth in the world for geothermal capacity

Mexico made the list of the top ten geothermal countries based on installed capacity. Coming in at 6th (just behind New Zealand), Mexico has 962.7 MW installed capacity.  Countries in the top ten include (in order): U.S., Indonesia, Phillippines, Turkey, New Zealand, Mexico, Italy, Kenya, Iceland, and Japan. Source

Martinique begins geothermal talks

Martinique, a French Caribbean territory, is exploring the potential for geothermal energy, as part of an island-wide clean energy transition. Over the previous two decades, experts have identified two potential areas for geothermal development, with a particular focus on the southwest region of the island. A group of Martinique’s electricity and energy stakeholders recently made […]

Full steam ahead for Dominica’s geothermal plant after successful well testing

In a release last week, the Dominica Geothermal Development Company (DGDC) announces having successfully concluded the testing of its geothermal production well in Laudat. This, following news that the geothermal plant concept designs are completed, and the project is fully funded, according to Minister Ian Douglas. Currently, the DGDC is working to acquire the piece […]

Geothermal Development Facility issues 4th call for proposals

The Geothermal Development Facility for Latin America has opened its Fourth Call for Proposals (CFP) is open, and accepting applications until November 26, 2019. Previous applicants accepted in Expression of Interest (EOI) 4 are eligible to make a proposal, as well as applicants accepted in previous EOIs.  The objective of the Facility (GDF) is to […]

Drilling starts for Ecuador’s first geothermal energy plant

Ecuador’s first geothermal energy plant has started its first phase of construction, with drilling started on the Imbabura site a few days ago. The project is financed by the Japanese government through the Japan International Cooperation Agency. The investment for the construction of the geothermal plant was of USD 250 million. The Electric Corporation of […]

Offshore drilling in Mexico will explore geothermal potential

A research vessel will be drilling off Guaymas, in the Gulf of California Mexico, to collect insights on the region’s geology and investigate its geothermal potential. The JOIDES Resolution, with team of thirty-three scientists will undertake this project. This drilling and data collection is part of the International Ocean Discovery Program’s marine research initiative.  “We’re going […]

Construction starts on Chile geothermal plant’s 33MW addition

The construction of a third generation unit at Cerro Pabellon geothermal power plant in Chile which will add 33MW of new capacity started last week. Construction is led by Geotermica del Norte SA, a joint venture between Enel Green Power Chile, and Chile’s state oil company Empresa Nacional del Petroleo SA. An investment of USD […]

Geothermal drilling contractor selected for Nevis geothermal project

Nevis Renewable Energy International, INC (NREI) announced today that it has selected Schlumberger Integrated Drilling Services to install the geothermal production and injection wells for the Nevis Geothermal Project.   NREI is a subsidiary of Thermal Energy Partners, LLC, a U.S. based global geothermal energy development firm.   The Nevis Geothermal Project is unique for […]

Chilean government shows increasing enthusiasm for geothermal

Chile’s Undersecretary of Energy, Ricardo Irarrázaba, highlighted the geothermal potential of the country, and his government’s commitment to take advantage of this energy resource. The geothermal potential of explored areas in Chile is around 3000MW, which with the possible uses of thermal energy in Chile “places us, again, in a privileged place worldwide for the […]