Join us at DR-GRID and CREF

June 18, 2019

The Dominican Republic’s electric power grid is undergoing a transformation. With a population of over 10 million people, the market has real scale and is one of the most promising in the region. DR-GRID will gather stakeholders across the private and public sector to explore and define the challenges and opportunities in this fast moving […]

Nicaragua to build 50MW solar PV plant

June 18, 2019

Nicaragua has announced the construction of a 50MW solar PV plant in the western part of the country. The project was announced by the state’s electric utility, Enatrel, and the Ministry of Energy and Mining. This solar energy installation will be the largest in the country. The Ministry is meeting with investors, and more details […]

Chilean Government Q&A: What’s next for geothermal?

From our Editorial Team

June 17, 2019

Q&A with Gabriel Prudencio Flaño, Head of Sustainable Energies Division, Ministry of Energy, Government of Chile Following the 2017 commissioning of South America’s first geothermal power plant, Chile continues to look for ways to expand its geothermal portfolio. Chile’s Ministry of Energy shares thoughts on the sector and how a government effort to remove regulatory […]

Chile gives go-ahead for 30MW geothermal plant

June 17, 2019

A USD 200 million expansion of the Cerro Pabellón geothermal plant in Chile has been given the go-ahead by the country’s environmental watchdog. This geothermal plant was the first in South America to enter into operation. A subsidiary of Enel Generación, a multi-national power company and leader in the renewable field with a presence in […]

Climate financing from development banks reaches USD 43.1bn in 2018

June 14, 2019

The world’s six largest multilateral development banks (MDBs) committed over USD 43 billion in climate financing to support climate action initiatives. Climate financing therefore increase by 22% compared to the previous year, according to the 2018 Joint Report on Multilateral Development Banks’ Climate Finance. Since 2011, when the six MDBs started tracking their climate financing, […]

Launch of DR-GRID to Explore Future of DR’s Energy Matrix & Grid

June 13, 2019

New Energy Events is excited to announce a partnership with ASOFER to launch DR-GRID, a new event designed to gather and catalyze the market for investment in the future of the Dominican Republic grid. Designed to complement CREF’s broad regional footprint, DR-GRID will deep dive into the critical issues facing the market. What are the […]

50MW wind farm in the Dominican Republic starts operations

June 13, 2019

The 50MW wind farm PECASA was inaugurated yesterday in the Dominican Republic. This is one of the Dominican Republic’s largest renewable energy projects. Dominican Republic President Danilo Medina highlighted the importance of this new wind farm in helping diversify the nation’s energy matrix. This new clean energy source will allow to further reduce fuel consumption […]

Trinidad and Tobago receive USD 3m for renewable energy projects

June 13, 2019

IRENA has awarded USD 3million to Trinidad and Tobago for the development of its renewable energy sector. Trinidad and Tobago successfully applied to the UAE Caribbean Renewable Energy Fund in January of this year. Two projects first developed when the country joined IRENA are currently being finalised. This shift towards renewables aims to lower the […]

Solar PV system installed in Barbados under government’s new energy programme

June 12, 2019

A 109KW solar photovoltaic system was installed at the Samuel Jackman Prescod Institute of Technology in Barbados.  This renewable energy system was installed under the Government’s Public Sector Smart Energy Programme. The programme’s objective is to promote the use of renewable energy and energy efficiency in the public sector. The contract was awarded to Solar […]