News

Key developments in clean energy from around the world and latest news from AMALA.

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 […]
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AMALA 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 […]
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AMALA 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 […]
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CDB 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 […]
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AMALA 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 […]
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AMALA 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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AMALA Designing De-risking Framework for Renewable Energy in the Philippines

AMALA is selected by the Asian Development Bank (ADB) to help the Department of Energy (DOE) in the Philippines develop a de-risking framework to catalyze geothermal renewable energy in the country.
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Evaluation of Global Renewable Energy Portfolio

Evaluation of over 500 renewable energy projects, identifying barriers to overcome and pathways to scale-up investments.
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Energy Resilience and Climate Adaptation Dialog @ Asian Development Bank

AMALA MD presents at ADB webinar on Building Resilience of Power Systems in a Low Carbon Transition (April 28, 2021)
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Performance of Nam Theun 2 Hydropower Cross-Border PPP

Major cross-border project is catalytic in scaling-up investments and contributing to growth, but has mixed results related to ESG.
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EarthDay – AMALA presents on Clean Energy Investments

AMALA presents at Towson University webinar on Clean Energy Development for Climate Mitigation and Adaptation (April 27, 2021)
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Development Practitioner Fellow

AMALA MD takes up role at Georgetown University (February 5, 2021)
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