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  • Wind Turbine Market: Latin America Industry Analysis and Forecast

    October 3, 2015

    Future Market Insights has prepared an analysis and forecast of the Latin American wind turbine industry. The global wind industry produced about 37,000 MW in 2013. Latin America, in particular, has provided the industry with an essential substitute growth market for wind power. In 2013, Latin America alone represented approximately 45% of the installed capacity […]

  • Oil Prices and the Future of Petrocaribe

    September 30, 2015

    An article in the Huffington Post discusses the relationship between nineteen Caribbean and Central American countries and Venezuela. Petrocaribe is a financing mechanism in which participating countries purchase oil from Venezuela at a discounted price and repay the difference over time with a low interest rate attached over a period of 17 – 25 years. To […]

  • St. Kitts & Nevis Push Forward with Geothermal Development

    September 29, 2015

    After signing a Memorandum of Understanding with a company from Guadeloupe to develop geothermal energy in St. Kitts over the next five years, Premier Honorable Vance Amory assured residents of the island of Nevis that St. Kitt’s pursuit of geothermal will not delay geothermal development in Nevis. On the contrary, geothermal development in St. Kitts […]

  • Jamaican Minister Welcomes Renewable Energy Projects

    September 24, 2015

    Julian Robinson, Jamaican State Minister for Science, Technology, Energy and Mining, highlighted the some of the economic benefits of renewable energy projects and energy efficiency systems that have been installed over the last few months through the Renewable Energy and Energy Efficiency Project (REEEP). Over the last year, the University of the West Indies’ reported […]

  • Enel Green Power Hosts Representatives from Communities near Cerro Pabellón Geothermal Site

    September 22, 2015

    Enel Green Power has invited representatives from communities that surround live in the areas surrounding the Cerro Pabellón Geothermal site to Italy to view a geothermal power plant in action. Though this visit, which took place from September 15 – 18, community members were introduced to the technology, entrepreneurs and local leaders who spoke on […]

  • Colombia to benefit from renewable energy incentives

    September 21, 2015

    According to a study released by Colombia’s Ministry of Energy and Mines, Colombia will offer $554 million in renewable energy incentives over the next fifteen years.  Incentives take the form of discounts on income taxes as well as VAT and duty exemptions. Though this program, installed capacity of renewables could increase from 420 MW today to […]

  • Barbados – New Target Date Set for Reduction in Energy Use

    September 21, 2015

    Barbados moves targeted date for a 20% reduction in energy use forward. CREF 2015 speaker Senator the Honorable Darcy Boyce spoke this week at the Smart Energy Barbados event about a revision to Barbados’ plan to reduce electricity use, which currently costs the government $ Barbados 100 million or approximately USD $ 50 million annually. While the […]

  • European Chambers of Commerce calls out the Dominican Republic for its lack of renewables development

    September 18, 2015

    The head of the European Chambers of Commerce (Eurocamara),Hans Witsenboer, recently admonished the Dominican Republic’s efforts to develop renewable energy and combat climate change. “The Dominican Republic is going very badly on climate change and it´s investing heavily in the construction of two coal-fired plants that have high pollution footprint when they should be using […]

  • Enel Green Power and El Salvador formalize split over LaGeo

    September 16, 2015

    Ending a saga that started in 2007, El Salvador gained full control this week of LaGeo, “one of the largest geothermal companies in Central America. LaGeo was a joint venture between Enel Green Power and state-owned outfit Inversiones Energeticas S.A. de C.V.”

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