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  • SkyPower Invests in 500 MW Utility-Scale Solar and PV Education in Panama

    October 12, 2015

    SkyPower, a developer and owner of utility-scale solar projects, announced plans to build 500 MW of utility-scale solar projects over the next five years. These projects represent a $1 billion investment. According to Skypower Chief Commerical Officer, Charles Cohen, “SkyPower’s estimated US $1 billion investment is expected to create more than 10,000 total jobs in Panama, […]

  • Chile Cerro Pabellón plant expected to start operations by mid-2017

    October 6, 2015

    ENAP and Enel Green Power estimate that the Cerro Pabellón plant in Chile will start operations in mid-2017. According to Marcelo Tokman, CEO of ENAP, major components of the plant must be pre-assembled and delivered to the site due to the high-altitude of the project location. The 48 MW plant will be built at 4,500 meters […]

  • Tax incentives for renewable energy projects in El Salvador

    October 5, 2015

    El Salvador’s government has proposed making changes to extend tax incentives for renewable energy projects and the expansion of existing projects. Such changes are expected to encourage investment in a number of different renewable projects, including hydro, geothermal, wind, solar, marine, biogas and biomass. To read more about renewable energy incentives in El Salvador, click […]

  • 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 […]

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