LAC

Saona Island in the Dominican Republic becomes the first and only island in the hemisphere to use 100% renewable energy

January 18, 2023

Saona Island is powered entirely by renewable energy due to the recently completed Saona plant, making it the first and only island in the hemisphere to run on 100% renewable energy. The Saona plant, designed and commissioned by the Bayahibe Electricity Company (CEB), has a storage capacity of 5 MWh with potential for expansion based […]

The St. Kitts and Nevis geothermal project moves forward with drilling after receiving US$17 million in funding from the CDB

January 18, 2023

The St. Kitts and Nevis geothermal project progresses after receiving US$17 million in funding from the Caribbean Development Bank. The project is currently in development and has began drilling. Source: St Kitts Nevis Observer

Polaris announced the completion of construction, testing, and initial operation of its 10.4 MW geothermal binary power plant in Nicaragua

January 18, 2023

Polaris Renewable Energy announced they have completed the construction, testing, and initial operation of a 10.4 MW geothermal binary power plant. They achieved full capacity during testing on New Year’s Eve. The project is located at the San Jacinto geothermal project in Telica, Leon, Republic of Nicaragua. Source: ThinkGeoEnergy

The Dominican Republic’s CNE grants concession to Consorcio Azucarero Central to develop the 7 MW Energia Renovable Ingenio Barahona biomass-fired energy project

January 18, 2023

The Dominican Republic’s National Energy Commission (CNE) granted a concession to Consorcio Azucarero Central to develop a 7 MW biomass-fired energy project. The facility will use sugarcane bagasse as biomass. Source: Bio-Energy News

CABEI and other regional multilaterals commit to US$50 billion to support climate change action across LAC.

June 15, 2022

At the Summit of the Americas, CABEI and other regional multilateral organizations like the IDB, CAF, and CDB announced they will invest US$50 billion to support climate change action in the LAC region over the next five years. Source: BCIE