CDB Approves Financing for First New Geothermal Power Plant in the Caribbean in Nearly 30 Years
The Caribbean Development Bank (CDB) approved financing for the Dominica’s geothermal project, which is a public-private partnership (PPP) operation between the Government of the Commonwealth of Dominica (GoCD) represented by the Geothermal Development Company of Dominica (DGDC) and Ormat International Inc. - an international geothermal developer and equipment manufacturer. The project, initially a 10 MW […]
Read MoreAMALA Presents in Panel at GeoLAC 2024
The Managing Director of AMALA Clean Energy Advisors (AMALA), Migara Jayawardena, made a presentation and was a panelist on the progress with geothermal development in the Caribbean. Mr. Jayawardena, together with Paolo Bona, who is a geothermal resource specialist were attending the event representing AMALA as a one of the sponsors of the GeoLAC 2924 […]
Read MoreAMALA Sponsors GeoLAC Regional Congress
AMALA Clean Energy Advisors (AMALA) is sponsoring the GeoLAC Geothermal Congress in Latin America and the Caribbean, to be held on December 4-5, 2024, in El Salvador. GeoLAC is a major yearly gathering of geothermal stakeholders in the region including governments, geothermal developers, financial institutions among others. It is an event where good practices and […]
Read MoreCDB Selects AMALA as Lender Technical Advisor
The Caribbean Development Bank (CDB) has selected a consortium that includes AMALA Clean Energy Advisors, GeothermEx and POWER Engineers as the Lender Technical Advisor (LTA) as a part of its GeoSmart initiative designed to support geothermal development across the Caribbean. With geothermal potential in the region concentrated in the countries that make up the Organization […]
Read MoreAMALA Conducts Workshop on De-Risking Geothermal in the Philippines
AMALA Conducts Workshop on De-Risking Geothermal in the Philippines An AMALA team visited the Philippines and conducted a workshop on April 24, 2024 to share the proposed design of a Geothermal Resource De-risking Facility(GRDF). The GRDF is designed to implement a cost-shared exploration drilling scheme and facilitate financing for lower risks assets after resource are […]
Read MoreAMALA Presents at Philippines International Geothermal Conference
AMALA made a presentation at the 4th Annual Philippine International Geothermal Conference (PIGC4) sharing progress with its support to the Government of Philippines (GoP) and the Asian Development Bank (ADB) to develop a de-risking framework for geothermal development in the country. This premier multi-day industry event was organized by the National Geothermal Association of the […]
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