French and US utilities team up to sell LNG

French and US utilities have joined together to sell liquefied natural gas (LNG) in Central America. ENGIE and AES will utilise the Costa Norte LNG terminal currently under construction in Panama. The ownership of the site is split 50/50 between AES and Panama firm Inversiones Bahía. The total capacity of the terminal is approximately 1.5 million tonnes per annum (mtpa), […]

Mexico on course to set clean energy investment record

Mexico is set to break clean energy investment records this year, according to new research. The nation invested $1.3 billion (£0.8bn) in clean energy projects in the first half of 2014 compared to $1.6 billion (£0.9bn) in the whole of last year. If it continues at this pace, 2014 will be a record year, overtaking […]

British firm hunting for oil off Honduras coast

British company BG Group is reportedly gearing up for oil and gas exploration on Honduras’ Atlantic coast. Reports claim the authorities at Honduras, a republic in Central America, is to soon give the company an environmental license for an offshore block of 35,000 square kilometres. The British firm is investing $20 million (£12.2m) for the […]

EU bank backs renewable projects in Central America

Six Central American countries are getting a loan worth $230 million (£148m) from an EU bank in a bid to help boost the renewable energy sector. The European Investment Bank (EIB) is providing almost half the funding of an investment plan worth $500 million (£322m) to support hydropower, wind, geothermal and solar projects in Honduras, […]

US Nicaragua embassy gets energy efficiency makeover

The United States is revamping its huge embassy in Nicaragua to boost its energy efficiency. It has handed engineering firm Lockheed Martin with a contract to more than halve the energy use of the embassy in Managua. Around $15million (£9.8m) will be spent on installing 1MW worth of solar panels and improving lighting and chilling […]

Fukushima hasn’t dented MENA’s nuclear ambitions

The disaster at Japan’s Fukushima hasn’t dented the ambitions of emerging nuclear nations according to new research which shows 95,000 megawatts (MW) worth of nuclear capacity is expected to be added within two decades. Middle East and North African nations (MENA) and Asia-Pacific countries will be “substantially bolstering” the size of their nuclear power production […]