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Renewables

  • Puerto Rico wants to increase renewable energy output to 40 percent

    August 1, 2018

    The governor of Puerto Rico, Ricardo Roselló, stated that the objective of the island is to increase the use of renewable energy to 40%. This, the governor stated, will give the citizens of the islands alternatives, regulate prices, independence and will help protect the environment and fight climate change. This statement goes in line with […]

  • Private sector playing big role in Central American Renewable Market

    August 1, 2018

    The number of renewables projects in Central America has been growing and attracting international investments, which have helped promote the development of innovative and clean projects. Today, in most countries of the region, private investments have surpassed public investment, which aim to promote decentralized projects throughout the country. The region produces 54.4% of their total […]

  • Promising results at Nevis geothermal drilling site

    August 1, 2018

    Thermal Energy Partners (TEP) has provided details on their successful drilling efforts on the Island of Nevis. This discovery has made the company confident that the resources in the island are economically viable and have the potential to supply power to the island resident and industries. Given the high temperatures of the geothermal resources, TEP […]

  • Dominican Republic understands potential of renewable energy

    August 1, 2018

    Ángel Cano, executive director of the National Commission of Energy, has stated that the institution has remained committed in developing a cleaner, more reliable and more efficient industry by investing in renewable projects, in line with the political agenda of the federal government. In a seminar, which discussed technology and energy regulation, Angel Cano, was […]

  •   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: […]

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