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Geothermal

  • EDC eyeing geothermal opportunities in Mexico

    June 14, 2016

    Philippines-based geothermal firm, Energy Development Corp (EDC) is considering investment in a site in Mexico “We’re not doing anything yet – but we’re studying. Mexico’s energy sector is privatizing, deregulating so we want to take a look,” said EDC president Ricky Tantoco. The commitments of Latin American governments since the Paris COP21 agreement have led […]

  • Developer of Nevis geothermal project seeking funding from OPIC

    June 13, 2016

    Nevis Renewable Energy International has approached the Overseas Private Investment Corporation (OPIC) to finance a geothermal project. The project has had a couple challenges that will raise questions for the powerful fossil fuel group, including one well site where significant steam levels did not produce the energy projected by administrators. The government of Nevis has deferred […]

  • Mexico: EU Funded GEMex project to Develop Geothermal Energy

    June 5, 2016

      Starting in the autumn of 2016, an EU-funded geothermal project will seek to make geothermal energy cost-effective and affordable both for electricity and heat production. GEMex is an international project that was selected in a joint call launched by the European Union and Mexico. The EU and Mexico will contribute equally to the €20 million […]

  • Online course on geothermal exploration offered for Latin America & Caribbean professionals

    May 29, 2016

    A “Basic Course in Geothermal Exploration for Regional Integration” will be offered by the National Energy Board of El Salvador, the University of El Salvador and LaGeo, in collaboration with the Inter-American Development Bank (IADB). Two sessions will be offered online, starting on July 18th and 25th respectively, and running for 8-9 weeks. The course has […]

  • Guadeloupe: geothermal exploration license granted

    May 25, 2016

    The French government granted the island of Guadeloupe a license to explore for geothermal in the area of Vieux Habitants. The license will allow exploration through geological, geophysical and geochemical surveys  to be conducted over the next five years. The first part of the study, which involves surface exploration, is expected to be finished by […]

  • St. Vincent and the Grenadines receives funding for geothermal energy development

    May 21, 2016

    In an effort to further develop the renewable energy sector of St. Vincent and the Grenadines, the Caribbean Development Bank has signed an Memorandum of Understanding (MOU) with the Government of the United Kingdom, through its Department for International Development. The high costs of energy in SVG have long been ranked as a major obstacle […]

  • Montserrat: geothermal will boost economy

    May 20, 2016

    The Head of Government Business in Montserrat, Premier Donaldson Romeo, state that he hopes spin-off industries will be born from local geothermal production. During a telephone interview from Miami with ZJB Radio on Wednesday, Premier Romeo said: “In the very area are where the production would be located, there is a possibility for companies who […]

  • A wave of geothermal in the Caribbean – or just another ripple?

    May 17, 2016

    If we are to believe everything we read in the papers, we’re on the cusp of a wave of geothermal development across the Caribbean. But from Nevis to Dominica, we’ve seen the headlines before. What, if anything, is different this time around? Money and people certainly seem to be showing up at the right time. […]

  • Dewhurst Group Selected as Lead Geothermal Project Manager for KfW Fund

    May 17, 2016

    KfW announced the launch of Geothermal Development Facility, Latin America – a multi-donor climate initiative to promote geothermal energy in Latin America. The fund will provide grants for exploration studies, exploratory drilling and some technical assistance. Qualified developers in Chile, Bolivia, Peru, Ecuador, Colombia, Costa Rica, Nicaragua, El Salvador, Honduras and Guatemala can apply for funding. IDA […]

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