Geothermal Development Facility

5 MW geothermal pilot plant in Bolivia will be in operation by April
February 26, 2022
Sacyr and Ormat Technologies announced that the 5 MW geothermal pilot project for the 100 MW Laguna Colorada geothermal plant in Bolivia will be in operation by April. The plant is 4970 meters above sea level, the highest altitude of any geothermal plant. Source: Think Geo Energy
Polaris Infrastructure secures USD 110 million debt refinancing
February 26, 2022
Polaris Infrastructure Inc. secured $110 million in a refinancing package which aligns with its newly extended PPA in Nicaragua to 2039. Source: Think Geo Energy
Dominica signs USD 12 million deal with Iceland Drilling Company for two new geothermal wells
February 26, 2022
Dominica signed a $12.5 million contract with the Iceland Drilling Company to drill two new geothermal wells in the country. The majority of funding comes from UK grants. Source: Think Geo Energy
Colombia’s Ministry of Mines and Energy Proposes Governing Requirements for Exploration of Geothermal Resources
January 28, 2022
Colombia’s Ministry of Mines and Energy published draft guidelines governing the exploration, exploitation, and registration of geothermal resources. Source: Ministry of Mines & Energy, Colombia (In Spanish)
Chile and Bolivia resume dialogue for possible electricity integration
January 5, 2022
Representatives of the Ministries of Energy of Chile and Bolivia have resumed talks to develop an electrical interconnection study, which will be financed by the Inter-American Development Bank (IDB). The geothermal industry is a potential big winner. Source: ThinkGeoEnergy
Geothermal Development Facility issues 4th call for proposals
November 6, 2019
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 […]
Geothermal Development Facility for Latin America calls for Expressions of Interest ending August 29th
August 14, 2019
The deadline for the Geothermal Development Facility’s (GDF) fourth call for Expressions of Interest is fast approaching. The GDF is looking for geothermal projects to finance in Latin America. Projects in the following eligible countries, Bolivia, Colombia, Ecuador, Guatemala, Nicaragua, Chile, El Salvador, Honduras, Costa Rica and Perú, can apply for funding under this scheme. […]
Geothermal Development Facility issues third call for funding applications
November 20, 2018
A call for applications for funding of geothermal projects in Latin America has been issued by the Geothermal Development Facility for Latin America. This third call for applications is for developers with geothermal projects, and will provide funding for surface studies or confirmation drilling. Eligible projects must be in one the following countries: Bolivia, Colombia, […]