August 2016 - Page 2 of 4 - New Energy Events

Report: Jamaica to put final touches on 33 MW PV project
August 17, 2016
An agreement with Eight Rivers Energy Co Ltd (EREC) and the Jamaican government , for a 33.1 MW solar facility in Westmoreland, is almost complete. Both parties will be represented at the 2016 Caribbean Renewable Energy Forum. Construction is scheduled to start by 2017 and power supply should commence in 2018. Energy and Technology Minister […]
MEO Australia: Oil Production Forecast in Cuba
August 15, 2016
Australian firm MEO Australia will join Canadian giant Sherritt International as the only foreign petroleum companies operating in Cuba. MEO Australia has signed a Production Sharing Contract (PSC) with Union Cuba Petroleo (CUPET) for exploration of “Block 9” in the newly liberalized Caribbean country. The Australian firm released a report saying that they have studied […]
Ministers welcome acquisition by Virgin Group of renewable energy company in Jamaica
August 15, 2016
The Ministers in Jamaica are enthusiastic about the acquisition of Blue Mountain Energy (BMR) by Virgin Group CEO Sir Richard Branson. Minister of science, energy and technology, Dr. Andrew Wheatley, supports the purchase as “the kinds of investments that can lead to even bigger and better things”. Minister of finance and public service, Audley Shaw, […]
Despite Lower Oil Prices, Renewable Still An Attractive Option, Says IFC
August 12, 2016
The IFC is confident that renewable energy investment is attractive regardless of this year’s drop in oil prices. The International Financial Corporation estimates that a country can absorb between 25 to 35 percent of renewable energy before intermittent nature of renewable energy disrupts the base-load capacity of any generation system. The IFC has partially funded […]
Experts agree on Cuban market strategy first step: Go to Cuba!
August 11, 2016
Cuba is open for business, but it’s complicated. Last week, New Energy Events hosted a webinar, Opening the Doors to Cuba’s Energy Revolution: An Introduction for Global Investors. The webinar featured four experts on the Cuban market who uncovered some of the complexity, sharing what it takes to become an investor in a market that […]
World-Class Delegation of Companies Confirmed for Cuba Energy Investment Summit
August 11, 2016
The organizers of the Cuba Energy Investment Summit are pleased to announce a roster of over 35 world-class companies confirmed to participate in the investment “mission” to Havana in early September. The roster of companies includes household names such as InterEnergy, GE, APR Energy, IC Power, and Mitsubishi. The companies will meet a number of key […]
20 Caribbean Countries Confirmed for CREF 2016
August 11, 2016
As momentum for CREF builds, we are pleased to announce that CREF – at two months out – features confirmed participation from 20 Caribbean countries. The turnout from regional governments and utilities is particularly strong and reflects the emphasis laid at CREF on addressing the critical issues around the commercialization and implementation of alternative sources […]
New CEO of VIWAPA, Julio Rhymer, Joins A-List of Utilities at CREF ‘16
August 11, 2016
The organizers of CREF are pleased to announce that Julio A. Rhymer, the new CEO & Executive Director of the Water and Power Authority of the US Virgin Islands (VIWAPA) has confirmed his participation in CREF 2016. Mr. Rhymer will join an agenda which already features Kelly Tomblin, CEO of JPS, Peter Williams, CEO of […]
Motembo, Politically Strategic Oil for Cuba
August 11, 2016
An Australian company, Meo Australia, may have found 8 billion barrels of oil in Cuba – and then again it may not have. Found in Motembo, the “potential” resource could sustain the country for roughly 7 years, but would not be available for extraction until 2018. It may be politically strategic, however, to begin receiving […]