Thursday, November 9, 2017

Latin America: Second Call for EOI in Funding for Geothermal Projects Begins December 1

2nd Call for EOI from Geothermal Development Facility for Latin America (News Release)

The Geothermal Development Facility for Latin America (GDF) has announced that the second call for Expressions of Interest (EOI) in grant funding for geothermal projects will begin on December 1, 2017.

The Pre-EOI sign-up phase is continuous and interested developers can complete the mandatory sign-up phase prior to completing the EOI.

The EOI itself can only be completed beginning December 1. However, once a Pre-EOI sign-up has been completed the developer is provided with the Developers’ and Procurement Manuals needed to understand how grant funding works and how to apply. As a point of reference, 100% of the developers that expressed an interest in the first call for EOI and then later submitted proposals were funded, totaling 22 million euros for four surface study grants and four confirmation drilling grants, in six countries.

Interested developers are encouraged to visit the GDF website, for further information.