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Market News

  • St. Vincent microgrid project accepting bids

    April 27, 2017

    On Friday, April 21, St. Vincent Electricity Services Limited (VINLEC) and Rocky Mountain Institute and Carbon War Room (RMI-CWR) released a Request for Qualifications for interested parties to submit credentials to bid for the Engineering, Procurement and Construction contract for a solar photovoltaic (PV) and battery storage Microgrid Project on the Grenadine Island of Mayreau. […]

  • Laguna Colorada project updates from GEOLAC

    April 27, 2017

    At the GEOLAC conference in Mexico City, Marco Antonio Escobar Seleme, the head of the Laguna Colorada geothermal project by ENDE in Bolivia provided an update on the 100 MW project. The project recently signed a loan with JICA from Japan over $552 million for the development of the project. The geothermal potential of Bolivia along […]

  • Chile, Guatemala and Peru lead proposals for GDF geothermal facility

    April 27, 2017

    In his presentation on the experience of KfW at a risk mitigation panel of the GEOLAC conference in Mexico City, Jens Wirth, Senior Project Manager at KfW shared results of the first call of the Geothermal Development Facility (GDF). The GDF was set up as the first multi-donor climate initiative to promote geothermal energy in Latin […]

  • Chile: Delays in 42% of contracts from 2016 tender

    April 25, 2017

    42 percent of the electricity supply contracts awarded in the last tender in Chile are pending approval by the National Energy Commission (CNE). At the beginning of April, the agency would only have authorized 333 of the 775 agreements awarded in the tender of August 2016, according to Diario Financiero. The last tender of supply […]

  • $2b green bond fund created for emerging markets

    April 25, 2017

    The International Finance Corporation (IFC) and France-based asset manager Amundi SA (EPA:AMUN) today said they have agreed to create a USD-2-billion (EUR 1.9bn) green bond fund that will invest in emerging markets. The new Green Cornerstone Bond Fund will buy green bonds issued by banks in Africa, Asia, the Middle East, Latin America, Eastern Europe […]

  • Peru auction pushed to 2018; 2016 projects have to be realized before next auction

    April 20, 2017

    Peru’s Minister of Energy and Mines, Gonzalo Tamayo said that no renewable energy auction will be held this year. The announcement was given in an interview with local financial newspaper El Comercio, which reported that the next auction would likely take place in 2018. The minister said that the auction expected for this year was […]

  • Small scale solar in Haiti funded by regional institution

    April 20, 2017

    As part of a project funded by the (CPE) of Jacmel, the Sub-police station of Bassin Caïman, located at the entrance to the town of Jacmel, was equipped with a solar energy system. Prior to this, the Sub-police station faced a major problem, with access to electricity virtually non-existent in the area. Often the police […]

  • Regional energy partners focus on charting way forward

    April 20, 2017

    Energy partners in the Region met in Georgetown, Guyana, last month to assess progress and to agree on the way forward for the sector. The partners gathered for the Mid-Term Planning Meeting of the Renewable Energy and Energy Efficiency Technical Assistance Programme (REETA) held 9-10 March. REETA is the German International Cooperation (GIZ) and the […]

  • Jamaican and Canadian energy researchers sign MOU

    April 19, 2017

    Canadian support for Jamaica’s energy sector has been strengthened with the signing of a five-year memorandum of understanding (MoU) on March 13, 2017 between Ryerson University’s Centre for Urban Energy (CUE), and Jamaica-based Caribbean Energy Solutions Research Institute (CESRI). Dr Usha George, vice-president, Research and Innovation for at CUE, and Dr Gary Jackson, principal director […]

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