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Wind Energy

  • $580 million secured for wind & solar plant in Chile

    November 18, 2019

    Mainstream Renewable Power has raised US$580 million to fund phase-one construction on what will eventually be its 1.3 gigawatt “Andes Renovables” wind and solar power plant in Chile—one of the largest in Latin America. Financing was provided by a consortium of six banks and is one of the region’s largest renewable energy debt financing deals […]

  • 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 […]

  • 50MW wind farm in the Dominican Republic starts operations

    June 13, 2019

    The 50MW wind farm PECASA was inaugurated yesterday in the Dominican Republic. This is one of the Dominican Republic’s largest renewable energy projects. Dominican Republic President Danilo Medina highlighted the importance of this new wind farm in helping diversify the nation’s energy matrix. This new clean energy source will allow to further reduce fuel consumption […]

  • MPC Capital purchases Costa Rican wind farm

    May 2, 2019

    MPC Capital has acquired the 21MW Tilawind wind farm in Costa Rica for USD 50 million. Tilawind, located in the windy northern province of Guanacaste in Costa Rica, is an effective source of clean energy. Last year, it exceeded its expected outputs both in terms of energy production and revenues. Investors in the acquisition include […]

  • 50 percent renewables in Jamaica

    Wind farm in Dominican Republican enters into commission

    April 15, 2019

    A 50MW wind farm in the Dominican Republic started operations last week. This project, the Agua Clara wind farm, is equipped with 25 wind turbines of 2MW each. Agua Clara will be supplying electricity from clean and renewable energy sources to over 250 000 households. The wind farm was developed by Inkia Energy Ltd on […]

  • One week to IPO of Jamaican wind energy company

    April 11, 2019

    Wigton Windfarm Limited will have its stock market launch on April 17th. Eleven billion shares at 0.50 cents each will be offered under the IPO, which will run until May 1st on the Jamaica Stock Exchange. Wigton is a subsidiary of the state-owned energy authority Petroleum Corporation of Jamaica. Wigton Windfarm is the largest wind […]

  • Costa Rica

    Martinique makes strides towards energy self-sufficiency

    March 18, 2019

    With the 14MW Grand-Rivière wind park inaugurated last month, and further projects on the way, Martinique has been making strides towards achieving its goal of being energy self-sufficient by relying on renewable energy by 2030. The Grand-Rivière wind park counts seven wind turbines, and will provide electricity to 10 000 homes – 5% of the […]

  • 50 percent renewables in Jamaica

    Wind project starts construction in Cuba

    March 13, 2019

    Empresa de Construcción y Montaje, a state-owned Cuban building company, has started the construction of the 51MW La Herradura-1 wind farm. The foundations for two of the planned 34 towers have been built in the Las Tunas province. This will be the second wind farm in the region – the first, the 50MW La Herradura-2 […]

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