Geothermal - Page 19 of 41 - New Energy Events

Caribbean to pilot UN geothermal classification scheme
December 22, 2018
This classification system is designed to encourage investment in geothermal projects. The classification scheme was discussed at a workshop recently held in St. Lucia by the International Renewable Energy Agency (IRENA), the International Geothermal Association and the World Bank. The scheme, the ‘United Nations Framework Classification (UNFC) to Geothermal Energy Resources and Reserves’ is a […]
Feasibility study planned for geothermal project in Ecuador
December 20, 2018
A feasibility study for a geothermal project has been undertaken in Ecuador. The CELEC power utility is planning further drilling, with financing from the Japanese Government. The site Chachimbiro is surrounded by a volcano and hot springs, a natural environment apt for geothermal energy development. This energy source would be consistent throughout the year. In the […]
Eastern Caribbean to receive financing for geothermal
December 20, 2018
The Inter-American Development Bank (IDB) and the Caribbean Development Bank (CDB) will provide over USD 85 million for geothermal development in the Eastern Caribbean. This latest financing is an expansion of the Sustainable Energy Facility programme, under which the two lenders provided a USD 71.5 million loan and grant package for the development of renewable […]
Eastern Caribbean geothermal program expands to $86.5m
December 18, 2018
The Sustainable Energy Facility for the Eastern Caribbean (SEF-Expanded) is designed to reduce the financial, technical, and institutional barriers to geothermal energy development in five Eastern Caribbean nations: Dominica, Grenada, St. Kitts and Nevis, ST. Lucia, and St. Vincent and the Grenadines. Released in 2015, the SEF originally totalled $71.5m, but a recent injection of […]
St. Lucia hosts regional geothermal workshop
December 4, 2018
A regional training geothermal workshop focusing on data gathering will be held in St. Lucia from the 5th to the 7th December. Under the Global Geothermal Alliance framework, three organisations -IRENA, the International Geothermal Association and the World Bank- have co-organised technical sessions with the Geological Surveys of the Caribbean Islands States, amongst other stakeholders […]
Mexico publishes report outlining potential of geothermal and other renewables
December 3, 2018
Mexico’s Secretariat of Energy has published a report laying out the future of Mexico’s renewable energy sector, which includes a section on geothermal energy. The report, “Renewable Energy Technology Route Maps” identifies the challenges and obstacles the country faces to take full advantage of renewable energies by 2030. Mexico’s geothermal power capacity is estimated to […]
Stalled St. Vincent and the Grenadines geothermal project ready for next phase
November 30, 2018
St. Vincent Geothermal Company Ltd and Jardboranir hf. (Icelandic Drilling Company), have signed a contract to drill four wells for the on-going geothermal project on the Caribbean island. This is the fifth drilling contract that the Icelandic company has undertaken in the Caribbean. The wells will supply steam for the St. Vincent geothermal power plant […]
Report Details Decade of Strides in Renewables
November 29, 2018
Renewable Energy Caribbean has published a major new report exploring 10 years of progress in the Caribbean renewable energy market. New Energy Events was pleased to contribute to this review, which highlights significant progress in wind and solar and identifies a series of landmark projects across the region. View and download the report here.
Geothermal project in St. Kitts & Nevis looking for investment
November 23, 2018
The Nevis Island Administration (NIA) announced that the geothermal project on the island is stalling whilst they look for further fund to support the production of renewable energy. Premier Mark Brantley said between USD 50 to USD 60 million are needed so the project may move forward. The first phase of the project, the exploration, […]