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Renewables

  • EU to provide US$105m to the Green Fund of Central America

    July 11, 2018

    The European Union and other international organisations have committed US$105m for the Green Fund for the Central American Economic Integration System (SICA). The objective of the fund is to help promote the development of renewables and resilience projects and programs in the region. SICA will use this investment to promote projects and public policies that […]

  • 4.4 MW solar project in Cuba to start operations shortly

    July 11, 2018

    The Cuban solar park Parada 2 – the biggest in the region – is expected to begin energy delivery tests by the end of this month. Parada 2, a 4.4 MW solar farm with 17,600 solar panels, is located in Puerto Padre, north of the city of Las Tunas. This will be the second solar […]

  • European Union commits 18m EUR to Cuba’s the renewables sector

    July 10, 2018

    The cooperation between the European Union and Cuba has become more important due to their common interest in fighting climate change.  An example of this is the recent agreement signed by both entities, which has the objective of supporting and financing energy policies in Cuba. This 18m EUR agreement – signed on the 15th of […]

  • Renewable industry key in attracting foreign investment for El Salvador

    July 10, 2018

    The Economic Commission for Latin America reported that the Foreign Direct Investment in El Salvador is US$792m, representing approximately twice the amount of the last years. This new record in foreign investments has been mainly due to the manufacturing industry which attracted US$414m, but also by the electric sector specifically the renewables which attracted a […]

  • El Salvador proposes economic investment area for renewables sector

    July 10, 2018

    The federal government of El Salvador presented the initiative “Free Zones” to Congress earlier this week. The initiative aims to promote investment and increase job creation. The government believes that a Free Zones area can serve as an incentive to attract investment and innovation as it will offer exemptions from income tax, tariffs and municipal […]

  • Costa Rica is now a member of IRENA

    July 6, 2018

    Costa Rica is officially a member of the International Agency of Renewable Energy (IRENA). This organization, with a membership of 158 countries, is a non-governmental agency based in Abu Dhabi with an objective to create an international network and build strong cooperation with nations that are developing renewable energy.   IRENA also provides guidance and […]

  • New research center in Cuba will help promote renewable energy

    July 6, 2018

      A new research centre will be built in Las Tunas, Cuba to promote research, technology development, and build capacity for the renewable energy industry of the country.   The main objective of this research center – which will be part of the Centre of Studies of Energy Efficiency and Technological Progress – is to […]

  • China and Dominican Republic explore investment opportunities

    July 5, 2018

    China and the Dominican Republic have strengthened their diplomatic relationship and identified opportunities for cooperation between the two nations. Specifically, China is interested in the infrastructure, transportation, electrical distribution and the renewable industries of the island.  An official delegation from the Dominican Republic met with the Vice President of the International Development department, Deng Boqing, […]

  • Energy diversification will give Jamaica electricity sector competitive advantage

    July 5, 2018

    Building a robust renewable energy infrastructure can translate to a competitive advantage in electricity generation for Jamaica. This means that in addition to existing large sustainable energy projects, the country should incentivize other public-private partnerships that could help diversify the island’s electric system, stated Wilfred Baghaloo, PwC partner and deals expert, at the Jamaica Investment […]

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