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Renewables

  •   IDB to invest US$ 20m for renewables projects in Nicaragua

    August 1, 2018

    A fund of US$20m will be given to Nicaragua from the Banpro Group Promerica and IDB Invest, the private institute of the Inter-American Bank, in the next five years.  This investment has the objective to expand the finance of Green Projects from Banpro, by financing projects that promote energy efficiency, renewables, and climate smart-agriculture initiatives. […]

  • Siemens proposes power grid designs for Puerto Rico

    August 1, 2018

    Siemens has introduced a series of recommendations for a new energy infrastructure framework for Puerto Rico to increase resiliency of the national grid using cleaner and higher quality electricity. Siemens designed a program including 10 mini grids across the island that could potentially enhance and incorporate the energy infrastructure. The company stated: “The mini-grid solution […]

  • Nicaragua is bringing electricity to rural communities

    August 1, 2018

    The National Electrical Transmission company in Nicaragua (Enatrel) has inaugurated ten projects in the month of July alone, which aim to bring clean electricity for rural communities across the country. This project has already benefited 2,700 residents and has led to the construction of 25.13 km of transmission line with an investment of approximately USD […]

  • EU companies lead investments in Latin America renewables

    August 1, 2018

    Companies from the European Union are leading the investments for renewable energy projects in Latin America. From 2005 to 2017 the investments towards the industry grew from 3% to 18%, representing two-thirds of the total companies involved in the sector, more for the industries of solar and wind energy projects. This has been particularly important […]

  • Jamaica forecasts expansion and investment boom in renewable sector

    July 24, 2018

    The Jamaica Promotions Corporation (JAMPRO) is forecasting an expansion for both business and investment in the islands’ economy, specifically for the sectors of manufacturing, tourism, agriculture, and renewables. JAMPRO stated that the current Government is developing an integrated resource plan to increase investments projects in the renewable industry. Ms. Edwards, the president of JAMPRO, stated: […]

  • Nevis will focus on geothermal energy only for its renewables

    July 23, 2018

    In pursuit of a sustainable energy program the federal government, will concentrate its efforts in geothermal energy, and therefore will not be actively pursuing other forms of renewable energy. The Hon. Mark Brantley, premier of Nevis and the Minister of Energy, stated that geothermal developers believe that the island has enough resources to satisfy the […]

  • Costa Rica on the road to become 100% renewable

    July 23, 2018

    Costa Rica has generated 95% of its electricity from renewable sources over the last four years using rivers, volcanos, wind and solar power. Moreover, the country is ready to phase out of the use of fossil fuels altogether, as the country has spent 1,197 days over the last few years, using renewable energy exclusively. Most […]

  • EIB to back renewables projects in Jamaica

    July 23, 2018

    The European Investment Bank (EIB) has approved more than EUR €3.4 billion in financing for clean energy projects around the world. The funds will be used mainly to support renewable energy, energy efficiency and hydropower plant projects.   Specifically, part of the financing will be used to promote projects which aim to help Jamaica power […]

  • Ocean Thermal Energy company headed to US Virgin Islands

    July 23, 2018

    Ocean Thermal Energy Corporation, a project developer using ocean thermal energy conversion, has announced that a team from the organization will be in the US Virgin Islands this week to advance a planning process. The corporation will meet with local stakeholders and professional advisors of the island to discuss the process. Jeremy P. Feakins, Chairman […]

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