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Latin America

  • El Salvador launches auction to procure 28 MW of solar and biogas

    June 6, 2018

    El Salvador just launched an auction to procure 28 MW of renewable energy. Eligible projects will include solar PV – ground-mounted and rooftop – up to 2 MW in size and biogas projects not to exceed 1 MW. Consejo Nacional de Energía (CNE), El Salvador’s energy regulator, is the authority managing the auction, and expects […]

  • Costa Rica to receive $500m loan for Borinquen geothermal project

    May 24, 2018

    In mid-May the Legislative Assembly of Costa Rica approved a piece of legislation authorizing an agreement of a line of credit for $ 500 million to the Costa Rican Electricity Institute (ICE) from the Inter-American Development Bank (IDB) ). The line of credit provides ICE with money to finance geothermal energy programs. It also includes resources […]

  • South Korea delegation explores hydroelectricity in Nicaragua

    May 24, 2018

    The Nicaraguan government is currently promoting investment projects in renewable energy with businessmen from South Korea. Upon completion of feasibility studies for large hydroelectric projects, Korean funds and multilateral funds will finance their construction and operation. The deputy director of the Ministry of Land, Infrastructure, and Transport, Ji Woo Kim, led the delegation, praising Nicaragua […]

  • El Salvador’s 100 MW solar PV project begins Phase 1 operations

    May 24, 2018

    El Salvador’s solar industry is growing, with the first 10 MW of ten solar PV plants inaugurated this week. When completed, the Bosphorus project will have 10 solar PV projects generating a total of 100 MW.  AES El Salvador, the Salvadoran subsidiary of US power company AES Corporation, and the Guatemalan Corporación Multi Inversiones (CMI) are […]

  • Costa Rica looks to waste gasification to achieve sustainability goals

    May 23, 2018

    On its path to environmental sustainability, Costa Rica is now setting out to to solve its waste management problem. Total Waste Energy Solutions (T.E.W.S) has submitted a proposal to build the largest waste-to-energy gasification plant in Latin America. It will be unique in Latin America as the only solid waste energy park, which will include […]

  • El Salvador could triple geothermal capacity

    May 10, 2018

    El Salvador has the potential to produce 440 megawatts (MW) in addition to the 204 MW already obtained through geothermal energy, said yesterday the energy specialist of the Inter-American Development Bank (IDB), Toshitaka Takeuchi. The one thing most needed is more investment in training.  Although the country is considered the leader in Latin America in terms […]

  • Bolivia’s Laguna Colorada geothermal project will start drilling in 2019

    April 11, 2018

    The 100 MW Laguna Colorada geothermal project will begin drilling in 2019, according to reports. Following 70+ studies to establish resource potential and set development targets, the resource is estimated to be as high as 250 MW. The national energy company, ENDE, led the studies and conducted well tests in technical partnership with Japan. An […]

  • Japan donates 60 electric vehicles to Costa Rica

    March 28, 2018

    The Government of Japan delivered 60 electric and hybrid vehicles, including Toyota’s and Mitsubishi’s to the Government of Costa Rica promoting the economic and social development of Costa Rica and support efforts to reduce the national impact of global warming. The initiative is part of the Overseas Development Agreement between the two governments, through which […]

  • Venezuela will finance solar projects with “Petro” cryptocurrency

    March 14, 2018

    The Venezuelan government intends to finance solar energy projects using its recently launched state cryptocurrency, “Petro”.  Petro is a cryptocurrency developed by the government of Venezuela, and backed by its oil and mineral reserves, which raised $735 million in the first day of a pre-sale in February. Facing the current economic crisis, the government hopes […]

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