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World Bank

  • Blue Lagoon Iceland, Grindavík, Iceland

    USD 27m for 7MW geothermal project in Dominica

    March 20, 2019

    The World Bank has approved a budget of USD27 million for the funding and development of a 7MW geothermal power plant in Dominica. This small geothermal power plant is a step further for Dominica’s aim to diversify the country’s energy matrix and increase renewable energy sources for the production of electricity. This project, which is […]

  • Dominica negotiates funding with World Bank for geothermal project

    February 4, 2019

    The on-going geothermal project in Dominica will receive funding in the form of grant financing, officials have confirmed, after negotiations concluded with a World Bank delegation. The Co-ordinator of the Dominica Geothermal Energy Project, Ambassador Vince Henderson, announced officials were pleased with the outcome of these negotiations. A USD10 million grant from the United Kingdom’s […]

  • Geothermal power plant

    World Bank report emphasises untapped potential of geothermal in LAC region

    November 13, 2018

    The World Bank has released a new report, ‘Opportunities and challenges for scaling-up geothermal development in LAC’ exploring the role and growth of geothermal power in Latin America and the Caribbean. The report aims to support decision-makers in the region and provide information to facilitate the expansion of geothermal development. The role of geothermal power […]

  • Webinar: Panama and El Salvador ministers of energy discuss energy efficiency

    From our Editorial Team

    November 14, 2017

    Watch The World Bank’s complimentary webinar “A Roadmap to Investment in Energy Efficiency in Central America” held on Friday, November 17. This webinar sets the stage for the inaugural Central American Energy Efficiency forum – América Central Eficiente – in Panama later this month (November 29-30). Watch the webinar here. Webinar Panelists: Hon. Victor Carlos Urrutia, Secretary of […]

  • A-List Confirm for Central American Energy Efficiency Summit

    November 13, 2017

    An extraordinary A-list of Central American stakeholders is confirmed to participate in the inaugural Central American energy efficiency summit later this month. Among those confirmed are Panama’s Secretary of Energy, Hon. Victor Urrutia; Costa Rica’s Vice Minister of Energy, Irene Cañas Diaz, Chile’s National Head of Energy Efficiency, Ignacio Santelices, and Rolando Castillo Garcia, head […]

  • Haiti receives $35 million World Bank grant to scale up renewable energy

    November 2, 2017

    A World Bank project will infuse $35 million into Haiti’s economy to to scale up renewable energy investments and improve electricity access for Haitians. The project – which entails two grants from two separate World Bank grant programs – will consist of two components: 1) grid-connected energy, such as solar PV to demonstrate viability, while […]

  • World Bank Announces Central American Energy Efficiency Forum

    October 25, 2017

    The World Bank announced recently that it would launch a region-wide forum focused on energy efficiency in Central America. América Central Eficiente, the first forum of its type, will gather senior government officials, large end-users of energy such as hotels and banks, and international providers of financing and technology to catalyze the adoption of programs […]

  • How Dominica has breathed new life into its geothermal project

    From our Editorial Team

    March 16, 2017

    Dominica’s long-standing efforts to develop its geothermal resource have been well documented. Nearly a decade ago an exploratory drilling program confirmed the existence of a viable high temperature resource. Since then, Dominica’s bid to harness its geothermal has seen highs and lows but ultimately the project at Wotten Waven-Laudat – while it has attracted interest […]

  • World Bank approves $480m for Argentina renewables sector

    March 2, 2017

    The World Bank board of directors approved a $480 million guarantee to mobilize private sector investment in the renewable energy sector and help Argentina meet its goal of twenty percent renewables by 2025. “The support of the World Bank is facilitating progress in our country to achieve in a few months what was not done […]

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