Wind Energy

Solar and wind projects secure financing in Dominican Republic

May 10, 2018

Two renewable energy project developers in the Dominican Republic advanced financing plans this week, securing debt for solar and wind-powered projects on the Caribbean island. The Monte Plata solar plant will expand capacity from its current 30 MW (commissioned in September 2016) to 69 MW. Once operational, it will be the largest solar plant in the […]

Jamaican wind farm IPO set to boost local economy

April 26, 2018

The Wigton Windfarm – which made a net profit of $186 million as of March 2017 – is going public, with the help of broker Mayberry Investments Limited. The aim of the IPO is to encourage Jamaicans to become involved in the energy sector, says DBJ’s Managing Director Milverton Reynolds. “We want to widen the base of […]

Jamaica receives US grant for offshore wind development

October 11, 2017

The U.S. Trade and Development Agency (USTDA) has awarded a grant to the Petroleum Corp. of Jamaica (PCJ) to support the development of an offshore wind farm in the country. Keystone Engineering Inc. (KEI), a Louisiana-based energy firm, will conduct a feasibility study to explore the viability for offshore wind in Jamaica. KEI designed the first offshore […]

Chile’s Colbun SA wins bid to build largest wind farm in Latin America

September 28, 2017

Following a global bidding process, the Chilean government reported that Chilean based Colbun SA was awarded the rights to build the largest wind farm in Latin America, requiring an investment of nearly $1 billion. The Ministry of National Assets opened bidding for some 8,000 hectares (19,768 acres) of federal lands in the northern region of […]

Construction begins at Peru’s largest wind farm

September 7, 2017

Enel Green Power Peru has started construction on Wayra I, a 132 MW wind farm project in the district of Marcona, in the Ica region. When completed, the $165 million Wayra I will be Peru’s largest wind farm. “The construction of Enel’s first wind farm in Peru furthers our presence in the country and demonstrates our […]