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Renewables

  • Caribbean countries urged to fully develop energy sector

    Dominican Republic’s new wind farm is now operational

    September 19, 2019

    The office of the Dominican Republic’s President announced that the 34MW Matafongo wind farm is now operational and producing energy. The wind park has 17 turbines, and was developed by the Grupo Eolico Dominicano with support from the Spanish company Genera Avante. The Banco Popular Dominicano and Banco del Progreso provided the financing for the […]

  • 27 companies will participate in Colombia’s auction for large-scale solar and wind projects

    September 18, 2019

    The Colombian National Mining and Energy Planning Unit has announced they received over 50 bids from 27 companies for their large-scale solar and wind auction planned next month. The large list of bidders has many global companies, including Acciona, Canadian Solarm EDF, Enel, Solarpack, Trina.  A few Colombian power distributors will also participate in the […]

  • Panama issues its first green bond

    September 17, 2019

    Panama’s first green bond has been emitted by the InterAmerican Corporation for Infrastructure Financing (CIFI). CIFI is the leading non-bank financial institution in Latin America and the Caribbean specializing in infrastructure and energy financing, and has many years of experience in the sector. CIFI  has employed MMG Bank to structure and allocated this USD 200 […]

  • Caribbean as an example for the growing eco-friendly construction sector

    September 13, 2019

    The Caribbean could teach eco-friendly construction practices as interest for this sector grows. The industry of environmentally-friendly or green construction is steeply growing: it’s expected to generate more than 6.5 million jobs by 2030. To be eco-friendly, construction need to consider how buildings can be designed to cope with lower carbon emissions and rising energy […]

  • Mico University College in Jamaica will see installation of rooftop solar facility

    September 12, 2019

    MPC Capital and the Mico Foundation have signed a memorandum of understanding (MoU) to install solar panels on the rooftop of the Mico University College in Jamaica. The 2MW solar installation is part of the energy efficiency measures which aim to cost energy costs for university, reduce its greenhouse emissions and increase its energy independence. […]

  • Solar panels installed on Costa Rican capital’s traffic lights

    September 12, 2019

    A solar PV installation was completed in the Greater Metropolitan Area of San José, Costa Rica. These works correspond to the last stage of the project to provide the 474 traffic light systems monitored at the Traffic Control Center with solar panels. In this fifth and final stage of the plan, a total of 132 […]

  • New biomass plant opens in Cuba

    September 5, 2019

    A new biomass plant has been set up in Cuba, using waste from a rice processing plant to produce energy. The new is in the Enrique Troncoso mill, the largest in the Province. The mill is affiliated with the Palacios Agroindustrial Enterprise. This circular energy system uses rice husks byproducts to produce energy for drying […]

  • Construction of 50MW solar plant in the Dominican Republic to be completed by the end of the year

    September 4, 2019

    The Dominican Republic’s National Energy Commission (CNE) has announced that the Washington Capital Solar Park is currently under construction, and will be finalised by the end of 2019. The project is led by the Washington Capital Solar company, in cooperation with U.S. developer Dominion. It is expected that the solar plant will generate 110 GWh […]

  • Construction starts on Chile geothermal plant’s 33MW addition

    September 3, 2019

    The construction of a third generation unit at Cerro Pabellon geothermal power plant in Chile which will add 33MW of new capacity started last week. Construction is led by Geotermica del Norte SA, a joint venture between Enel Green Power Chile, and Chile’s state oil company Empresa Nacional del Petroleo SA. An investment of USD […]

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