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GEOLAC Market News

  • Legislative efforts continue to promote renewables and geothermal in Peru

    February 3, 2021

    Legislation presented in Peru, seeks to encourage investment in non-conventional renewable energies and geothermal energy with short-term objectives for the southern part of Peru.   Source

  • Geothermal Webinar

    Mexico’s CFE and France to cooperate on implementing ORC units at geothermal fields

    January 5, 2021

    State-owned utility and power company CFE (Federal Electricity Commission) has signed a cooperation agreement with the French embassy in Mexico to develop geothermal energy. The agreement will explore the use of binary cycle technology with resources from the French government’s Study Funds and Assistance to the Private Sector (FASEP).   Source

  • Blue Lagoon Iceland, Grindavík, Iceland

    New IDB report on the status of geothermal industry in LAC region

    November 2, 2020

    New Energy teamed up with the Inter-American Development Bank to release an in-depth market report about the road ahead for geothermal energy Latin America and the Caribbean.   Source

  • Video – Virtual tour of Platanares geothermal power plant of Ormat in Honduras

    October 5, 2020

    Ormat Technologies shares an overview on the development of the Platanares geothermal power plant by GeoPlatanares in Honduras. Source

  • Geothermal

    Is the time ripe for an expanded geothermal industry in Latin America & the Caribbean?

    From our Editorial Team

    September 10, 2020

    Teeing up the discussions that will take place at GEOLAC Virtual next week, four household names came together on August 26 for a webinar discussion to assess the prospects for geothermal against the backdrop of a pandemic and fiscal crises across the region. The conclusion? The industry needs to find new ways to market itself […]

  • Going virtual – The NEE experience; An Interview with CEO Matthew Perks

    September 10, 2020

    Our CEO caught up with Alex Richter from ThinkGeoEnergy–virtually of course. Among other items, they discussed the challenges of holding events during a pandemic and how going virtual brings unexpected advantages.  Richter and Perks also discussed the upcoming GEOLAC event, Sept. 15-17, 2020 and the urgency around helping the industry continue to move forward. Read […]

  • Latin America shows supply chain resilience in a time of disruption

    September 10, 2020

    The most important factor that has helped companies in this region survive the coronavirus pandemic so far has been supply chain resiliency writes Ian Cartier, Vice President & Head of Digital Supply Chain and Manufacturing Solutions at SAP Latin America & the Caribbean for Forbes. Source

  • Mexico’s renewables future uncertain

    August 20, 2020

    Investor interest in Mexico’s emerging renewables market was at an all-time high in December 2018 after the three clean energy auctions were hailed a success. Now, expectations have hit rock-bottom, the market is in tatters — and the coronavirus pandemic is making things worse. As the government continues to divert its focus from achieving environmental […]

  • Chile’s Cerro Pabellon geothermal plant expansion will start operations 2021

    August 7, 2020

    The Cerro Pabellon geothermal power plant has currently a power generation capacity of 48 MW with an expansion in development since 2019. The Cerro Pabellón III project plans to install 33 MW in additional capacity (28 MW net). The company reports that the environmental permit has already been issued, all required turbines are already on […]

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