IN BRIEF: OPIC backing regional energy projects
The US government's Overseas Private Investment Corporation (OPIC) approved support for new private sector-led development projects.
The projects include up to US$135mn in financing for Platanares Geothermal, sponsored by Ormat Technologies, to develop a 35MW geothermal plant in Honduras.
ALSO READ Ormat breaks ground on Honduras' first geothermal plant
And up to US$100mn in financing was approved for Jamaica power utility JPS to upgrade T&D infrastructure and implement a smart streetlight program, an RFP for which was issued in recent days.
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News in: Electric Power (Jamaica)
JPS Announces Partnership with Texaco
JPS Announces Partnership with Texaco
Financing in the pipeline for Caribbean solar projects
Developers seek funds for planned photovoltaic arrays and associated energy storage and dispatch infrastructure in Jamaica, the Bahamas and Guyana.
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