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Market News

  • Anguillan hotel completes solar PV installation

    May 16, 2019

    The Frangipani Beach Resort in Anguilla, British West Indies, has completed a renewable energy project which will power 70 percent of the resort. Eight hundred PV solar panels will provide 370 KWh of energy. One of the main feature of the resort -and one of the first the guests will see upon arrival- the installation […]

  • Colombia and U.S. sign MoU to strengthen cooperation on energy

    May 15, 2019

    Colombia and the U.S.have signed a Memorandum of Understanding to establish a framework of cooperation on energy matters, including in the renewable energy sector. The agreement aims to establish technical assistance, knowledge and information sharing, capacity-building to push forward their energy transition. Colombian President, Iván Duque, Colombian Secretary of State Carlos Holmes Trujillo, the Minister […]

  • Blue Lagoon Iceland, Grindavík, Iceland

    Exploratory drilling starts for geothermal project in St. Vincent and the Grenadines

    May 14, 2019

    Icelandic firm representatives and St. Vincent and the Grenadines representatives met at a ceremony to mark the official commencement of the drilling for a geothermal project on the island. The National Geothermal Project will include four wells, which will provide between 10MW to 20MW of electricity generation. The drilling is expected to be completed by […]

  • CARIF Webinar

    New report analyses the importance of resilience for DERs

    May 13, 2019

    Convergence have announced the release of a new report ‘The Value of Resilience for Distributed Energy Resources’. The report was prepared for the US National Association of Regulatory Utility Commissioners (NARUC). Distributed energy resources (DER), such as microgrids, solar photovoltaics, and storage, can contribute to a more resilient and secure electric grid. The report examines […]

  • 116MW Dominican Republic solar project acquired by German renewables developer

    May 13, 2019

    Blue Elephant AG acquired the majority stake in the 116MW Montecristi solar power project in the Dominican Republic. The company’s legal adviser, international law firm Watson Farley & Williams, announced last week the project had been acquired from F&S Solar Concept GmbH. F&S is a solar farm builder which now remains on the project as […]

  • Montserrat 250 KW solar PV plant enters into commission, geothermal also moving forward

    May 13, 2019

    Montserrat inaugurated a major solar PV project, with the Premier saying the island would continue to develop both solar PV and geothermal energy projects.  The 250KW solar PV plant has entered into commission, and will deliver 10% of Montserrat’s load demand. Montserrat Premier Romeo also emphasised the country’s goals for geothermal energy development, saying “on […]

  • Jamaica - hot air or steam?

    Nicaraguan geothermal plant sees increase in power generation and revenues

    May 8, 2019

    Polaris Infrastructure have published their Q1 reports, which indicate an increase in the production of the San Jacinto geothermal power plant in Nicaragua. The increase in power generation from the power plant has also resulted in an increase in profit, up from half a million compared to the same period last year The 72MW geothermal […]

  • Geothermal training programme to be provided in El Salvador by UN

    May 8, 2019

    A memorandum of understanding was signed between the United Nations University Geothermal School, in Iceland, and the geothermal power company LaGeo in El Salvador. This agreement will continue their cooperation on geothermal training and knowledge-sharing. A further agreement was signed to continue a joint diploma based in the University of El Salvador, with La Geo […]

  • Renewables make up a fifth of energy sources connected to Chile’s central grid

    May 3, 2019

    Chile’s National Energy Commission has published a report which highlighted that over a fifth of the country’s energy sources connected to the central grid are from clean renewable sources. The total installed capacity of renewable energy is of 4.884MW. In the sector of geothermal energy generation, 40MW are currently in testing phase, 120MW are in […]

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