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Renewables

  • 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 […]

  • El Salvador advances tender for renewable projects

    July 23, 2018

    The government of El Salvador released details of a new 28 MW tender. The tender will promote solar and biomass energy and will accept bids of up to 2 MW. The country is expecting the tender to bring 20 MW in solar energy projects and 8 MW in biogas. The winners of the tender will […]

  • Japan donates three hydroelectrical stations to El Salvador

    July 16, 2018

    Last week the government of Japan donated three hydroelectrical stations, each with an estimated value of US$560,000, to three universities in the country: Universidad de El Salvador, Universidad Centroamerciana and to the Universidad Don Busco. The donation is meant to serve as a tool and provide expertise to local university students. Japan has estimated that […]

  • Barbados utility CEO sees renewables as hedge against energy price volatility

    July 16, 2018

    Using more renewable sources in the total energy mix can be the best way to avoid volatility in electricity prices said Roger Blackman CEO of Barbados Light and Power. Price spikes and drops are caused primarily by the change in the price of oil, the fuel which most Caribbean islands rely on for energy. Barbados […]

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