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Geothermal

  • Latin America: Big credit line for development of geothermal energy from German bank

    May 16, 2016

    Germany’s Ministry for Economic Cooperation and Development (BMZ) and Development Bank of Latin America (CAF) signed an agreement to promote the development of energy projects in Colombia, Ecuador, Peru, Bolivia, Chile and Mexico. The first credit line of €250 million (c. $286 million) will be allocated to lowering financing that CAF grants to geothermal projects in the region. The […]

  • Geothermal Research and Development Center opens in Mexico

    May 12, 2016

    The Mexican Center for Innovation in Geothermal Energy, CeMIE-Geo, is an academia-industry alliance supported by the Mexican Secretary of Energy (SENER) and the National Science and Technology Council (CONACYT) aimed to promote and accelerate the use and development of geothermal energy in Mexico. The center is located in Ensenada, Baja California.

  • Update on St. Kitts & Nevis geothermal projects

    May 10, 2016

    At a regional CARICOM-sponsored geothermal meeting, Energy Minister Ian Patches Liburd announced that St. Kitts and Nevis are pursuing separate geothermal exploration projects. “The federation of St Kitts and Nevis as a destination is therefore self sufficient in opportunities for solar, wind and geothermal powered development. For that reason as a responsible administration it is […]

  • Latin America eyes volcanoes to fire up clean development

    May 6, 2016

    Mexico and Costa Rica plan to reduce their dependence on fossil fuels via geothermal and hydropower, part of an effort to meet the goal adopted by governments in the new Paris climate change agreement to keep global temperature rise “well below” 2 degrees Celsius above pre-industrial times. In 2015, 73 percent of Costa Rica’s energy […]

  • Fortune favors the bold: St. Vincent moves swiftly to develop geothermal

    May 2, 2016

    In a region which has struggled to get its geothermal ducks in a row, everything appears to be coming together in Saint Vincent and the Grenadines, for what could be the first geothermal project built in the Caribbean in 30 years. “There’s no reason we should be the first, but we might be because we […]

  • IDB funds geothermal survey in Dominican Republic

    April 29, 2016

    The Inter-American Development Bank has awarded the government of the Dominican Republic a $200,000 grant to conduct a 12-month study of geothermal potential. The “Specific Agreement to Evaluate the Geothermal Potential of the Dominican Republic” will examine whether there’s enough high geothermal energy to produce electricity.

  • St. Kitts geothermal explorations results to be published soon

    April 28, 2016

    St. Kitts Energy Minister Ian Liburd recently announced that the results of geothermal exploration studies conducted by Teranov in St. Kitts will be published soon. “As we speak the findings of the geophysicist, the geochemist and the geologist are being evaluated at the University of France in Paris and in the next couple of weeks […]

  • Contract signed for the drilling of the 3rd geothermal exploration well on Montserrat

    April 27, 2016

    With the help of the UK Department of International Development (DFID), Montserrat will drill a third well for geothermal exploration. A joint statement by the Government of Montserrat and the DFID on Tuesday announced the award of a £5.1m contract for drilling to the Iceland Drilling Company (IDC). The exploratory well will be located in […]

  • Dominica invites private sector to play a role in geothermal

    April 25, 2016

    Dominica’s Prime Minister, Roosevelt Skerrit, said that small island states often have to choose between renewable energy investment and other projects. “We should never have a situation where our country should have to make a determination on whether we advance our renewable energy initiatives or divert the resources to other areas,” Skerrit said. The Prime […]

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