GEOLAC Market News - Page 6 of 32

Climate Change and the role of geothermal for Chile
September 14, 2021
In an interview with Diego Morata, director of the Geothermal Center of Excellence for the Andes, by ThinkGeoEnergy, he points out the key role that geothermal energy could play in the future context of hydroelectric generation and climate change in Chile. “We have finally seen it rain in south central Chile and, in fact, we […]
Where We Mine: extractives in Latin America
September 10, 2021
As the drive to expand renewable energy capacity speeds up, there is a rush for lithium and other materials around the world. What will the expansion of rare earth mining in Latin America mean for the indigenous communities and workers who have historically borne the harms of the extractives industries? Thea Riofrancos, author, explains how […]
Tender – Communication work on geothermal in Guadeloupe
September 10, 2021
The INTERREG – Energy Transition in the Caribbean (TEC) project and the Regional Council of Guadeloupe has announced a tender for a service provider to do communication work. The deadline for the submission of tenders will be on 28 September 2021 at 12:00 (Guadeloupe time). Source
Chile sets record rates in renewable bids
September 1, 2021
Twenty-nine companies placed bids to further develop renewables in Chile setting a record rate. Source (in Spanish)
Colombia publishes rules for geothermal project development
August 25, 2021
Colombia has released the final round of regulations for geothermal power project development in the country.In a notification published by the Colombian Ministry for Mining and Energy, a new draft decree on regulations for geothermal energy development has now been released for public comment. Source
UN weather agency: millions affected by climate change and extreme weather in Latin America and Caribbean
August 17, 2021
Climate-related and geophysical events resulted in the loss of 312,000 lives and directly affected more than 277 million people in Latin America and the Caribbean, a new report released by the World Meteorological Organization (WMO) revealed on Tuesday. Source
Ormat wins contract for San Jacinto geothermal plant expansion
August 13, 2021
Polaris Infrastructure Inc. announced today that it has signed a definitive agreement with a wholly subsidiary of Ormat Technologies Inc. for the supply of a 10 MW (net) Binary Unit at its San Jacinto geothermal power plant in Nicaragua . The additional Binary Unit is in response to Polaris’ previously announced December 2020 extension of the Power Purchase Agreement […]
Dominica geothermal project to drill additional 2 wells
August 4, 2021
In a statement this week, Roosevelt Skerrit, Prime Minister of Dominica, provided an update on the geothermal power project on the Caribbean island state. The geothermal project in the Roseau Valley will see the drilling of two additional wells, with financial and technical support of the World Bank. The Dominica government concluded five procurements valued […]
World Bank approves US$21.9 million to fund geothermal energy exploration in Saint Lucia
July 31, 2021
The World Bank Board of Executive Directors approved today US$21.9 million for the Renewable Energy Sector Development Project for Saint Lucia. This grant financing will help the Government of Saint Lucia assess the viability of its geothermal resources for power generation and strengthen the business environment for the private sector to pursue clean energy projects. […]