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Latin America

  • Jamaica - hot air or steam?

    Bolivia announces tender for geothermal surface studies consultation

    March 19, 2019

    The state utility of Bolivia, ENDE, has issued a request for submissions of interest for consultancy on surface studies for a geothermal field. The project will be financed though a grant from the Geothermal Development Facility for Latin America. The announcement was made on March 12th, with the deadline for submissions set on April 15th. […]

  • Call for proposals from energy project sponsors in LAC region

    March 1, 2019

    The U.S. Trade and Development Agency (USTDA) announced a call for ‘initial proposals from project sponsors’ in Latin America and the Caribbean, its press release read. Project sponsors in LAC, or U.S. companies with project sponsors in the region are invited to submit an initial concept paper to be considered for feasibility studies funding or […]

  • Enel announces more than half of projects will be carbon-free by 2021

    November 22, 2018

    Global utility and electricity distributor Enel announced its plans to invest over €10 billion in 11.6GW of new renewable energy capacity from now to 2021. In a presentation detailing its 2019-2021 industrial plan, Enel announced its production would go from 48% carbon free to 62%, tipping the scales to a majority of renewable and clean […]

  • Geothermal Plant

    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, […]

  • Geothermal power plant

    World Bank report emphasises untapped potential of geothermal in LAC region

    November 13, 2018

    The World Bank has released a new report, ‘Opportunities and challenges for scaling-up geothermal development in LAC’ exploring the role and growth of geothermal power in Latin America and the Caribbean. The report aims to support decision-makers in the region and provide information to facilitate the expansion of geothermal development. The role of geothermal power […]

  • RENAC and IFC to support green banking transformation in LAC region

    November 13, 2018

    The International Finance Corporation (IFC), a World Bank Group member, and the Renewables Academy AG (RENAC) have signed a cooperation agreement to support green banking in Latin America and the Caribbean. The main aim of the partnership is to work towards greener banks and financial institutions which integrate climate change mitigation and adaptation goals into […]

  • Geothermal Webinar

    Geothermal projects in LAC region receive USD 15m for exploration and drilling support

    October 25, 2018

    The Geothermal Development Facility (GDF) for Latin America has awarded USD 15 million to support surface studies and exploratory drilling for seven geothermal projects in Chile, Peru, Nicaragua and Guatemala. It is expected that the funding will catalyse a further USD 1.84 billion in future investment into geothermal development in the Latin American region. The […]

  • Chile inaugurates largest renewable energy control room in the country

    September 20, 2018

    Enel Chile just opened a ‘Renewables Control Room’ in its corporate offices, which remotely controls all the company’s renewable energy centres, a total of 4.7 GW of installed energy generation capacity. It is the only centre of its kind to integrate four renewable energy technologies: wind, hydroelectric, solar and geothermal. The project, developed over 4 […]

  • OPIC keeps focus on expanding energy access in Latin America

    September 20, 2018

    The Overseas Private Investment Corporation (OPIC) approved $895 million to finance seven projects, including plans to expand access to energy, that will advance development in Africa, Asia and Latin America. OPIC is the U.S. Government’s development finance institution. Its current projects include the Northern Triangle, a project in Central America which aims to catalyse $1 […]

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