Industry Analysis Archives - Page 94 of 120

Guyana launches energy project

In an effort to electrify the 80% of rural areas in Guyana that have no electricity, Guyana’s Ministry of Public Infrastructure, the Multilateral Investment Fund and CARISBSAVE have partnered to implement the Sustainable Business Models for Rural Electrification and Energy Access project. The program will electrify 6,000 homes across 25 communities through solar power. […]
Chile approves 600+ MW of renewable energy

The Chilean government approved the construction of a 600 MW PV system and a number of smaller systems this week. Approved projects include: Project (technology) Capacity Investment Cielos de Tarapaca (PV) 600 MW USD 1bn Planta Fotovoltaica La Esperanza (PV) 9 MW USD 18m Planta Fotovoltaica Marchigue (PV) 9 MW USD 18m Mini Central Hidroelectrica […]
BOEM gets third 400-MW floating wind lease request off Hawaii

The US Bureau of Ocean Energy Management received a lease request for a 400 MW floating wind energy project from Progression Hawaii Offshore Wind. After reviewing the request, the Bureau of Ocean Energy Management found that the company is qualified to pursue the lease.
Dominican Republic adds 49.5 MW of wind

Empresa Generadora de Electricidad Haina SA inaugurated a 49.5 MW wind park in the Dominican Republic. The project, which cost 120 USD and took 18 months to construct, consists of 15 wind turbines. Each turbine has a 3.3 MW capacity. The plant will generate 200,000 Mwh of electricity each year, which will double the DR’s wind […]
Caribbean countries urged to fully develop energy sector

While many Caribbean countries acknowledge that reducing energy costs will help the region’s economy improve, governments face competing priorities, making the investment in renewables will benefit the economy in the long-run, coming up with the funding for these projects is a challenge. A study produced by the International Monetary Fund (IMF), “Caribbean Energy: Macro Related Challenges,” highlights […]
Major Wind Energy Project Is Coming to St Lucia

St. Lucia’s Prime Minister, Dr. Kenny Anthony, announced this week that a 12 MW wind far is on the horizon for the island nation. Once completed, the project could produce as much as 20% of St. Lucia’s electricity needs.
Webinar on Financing Storage for Islanded Renewable Energy Systems

IRENA, under the umbrella of the SIDS Lighthouses Initiative, aims to facilitate the financing of energy storage in island systems. For this purpose, a paper “Financing Storage for Islanded Renewable Energy Systems”, highlighting the difficulties and potential solutions to the securing of financing for energy storage projects in remote areas and islands, has been prepared. […]
Oriana Energy begins construction of 45-MW PV plant in Puerto Rico

Construction of a 45 MW solar plant in Puerto Rico began last week. Once completed, the solar farm will generate 125,000 MW annually. Led by Oriana Energy, a partnership of two US energy firms, the project will cost $160 million to complete.
Jamaica’s RfP for 37 MW of renewables attracts 10 bids – report

In response to Jamaica’s RFP for 37 MW of renewable energy capacity, Jamaica’s office of Utilities Regulation received 10 bids. The RFP requested proposals for solar, wind, waste-to-energy and other renewable projects that can be operated on a build, own and operate basis.