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Illustration only - An LNG Tanker - Credit: Altin Osmanaj/AdobeStock Sustainable energy developer Invenergy and LNG solutions provider BW LNG have secured a $128.3 million loan from IDB Invest to fund the construction of a floating storage and regasification unit (FSRU), a key part of the Energía del Pacífico (EDP) LNG-to-power project in El Salvador. The financial package has a 15-year contractual term granted to FSRU Ltda. de CV in El Salvador.  Invernergy said the loan provided valuable resources for the purchase and conversion of the BW Tatiana LNG carrier to an FSRU.  "This is the re...

SAAM Towage is expanding its fleet in Central America with two additional tugboats set to serve the Energía del Pacífico (EDP) LNG terminal in El Salvador.

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What’s new? Coca crops have set record yields in Colombia since the 2016 peace accord with FARC guerrillas, persuading the government to expand its forced eradication campaign with the backing of U.S. authorities. Bogotá claims that eliminating the plant will reduce rural violence. Why does it matter? Insecurity in Colombia’s countryside has steadily got worse in recent years as armed groups vie with one another and the military for supremacy. Enhanced eradication, and potentially aerial fumigation, could intensify violence by forcing farmers into the clutches of armed outfits, while...

Panorama of the port city of Manta, in Ecuador, close to where the El Aromo project is planned to be built. Photo: Diego Lizcano / Flick-CC BY-NC-ND 2.0. MANTA, Ecuador, Feb 4 2021 (IPS) - In December 2020, the “El Aromo” solar energy project was approved in coastal Manabí province, Ecuador. Operated by the Spanish company Solarpack, the project is expected to transform national solar output. El Aromo will occupy 2.9km2 of land that was previously cleared to build a multi-billion dollar oil refinery, plans that have since been abandoned.  While El Aromo holds symbolic significance, it ...