Author Archives: newenergyadmin

CIBC FirstCaribbean Confirms Title Sponsorship of CARIF

CIBC FirstCaribbean, one of the leading commercial and investment banks in the Caribbean, has confirmed it will renew for 2017 its leadership role in CARIF. CIBC FIrstCaribbean’s footprint extends across the region and its track-record spans many of the region’s landmark infrastructure projects. As Title Sponsor alongside KPMG, CIBC FirstCaribbean also brings a substantial regional […]

Munich Re to host “How to Protect Renewable Assets in a Complex Financial World” workshop at CREF 2017

The organizers of CREF are pleased to announce that Munich Re, one of the world’s largest reinsurers, has confirmed a senior sponsorship role at CREF 2017. In an era of falling PPAs and tight margins, Munich Re will also be hosting an invitation-only interactive workshop for project developers and financiers designed to explore how insurance […]

KPMG Announces Title Sponsorship of CARIF

KPMG has confirmed a leading role in CARIF 2017 as Title Sponsor alongside CIBC FirstCaribbean. KPMG brings to the table a highly experienced pan-regional team and a long track-record of advisory to infrastructure clients and projects across the Caribbean. KPMG has also been the host of a highly successful biennial event for key Caribbean infrastructure […]

Powerhouses Combine Forces to Host CARIF 2017

Across the Caribbean the need for substantial investment in infrastructure is increasingly urgent. Reflecting that need, and for a central forum to bring the market together, IJGlobal, the infrastructure division of the Euromoney Group, and New Energy Events, are pleased to announce that the 2nd annual Caribbean Infrastructure Forum will take place in Montego Bay […]

Argentina’s RenovAr projects await investors

Argentina’s RenovAr program is ambitious in scope, endeavoring to grow renewables to 20% of the national energy matrix by 2025. RenovAr held two energy auctions which resulted in 59 auctioned projects totaling 2.4 GW of new renewable capacity valued at $4 billion. However, many companies who bid for these projects are still in search of […]

Chile’s solar thermal power plant receives environmental approval

SolarReserve received environmental approval from the Chilean government to build the 390 MW solar thermal power station with 5.1 GW of energy storage. The Likana Solar Energy Project in the Antofagasta region of Chile will be able to deliver 390 MW of continuous output at a capacity factor equal to a fossil-fuel power plant. The project […]

Announcing: CREF Project Awards for 2017

As project development region-wide ramps up, the organizers of CREF are pleased to announce a collaboration with Rocky Mountain Institute/Carbon War Room to recognize excellence in project execution in the Caribbean. Supported by an industry-leading Advisory Committee, awards will be made across the following categories: Best Utility Scale Wind, Best Utility Scale Solar, Best Storage […]

Brazil approves resolution to create $750m renewables financing program

The Brazilian Senate has approved on Thursday a draft resolution (PRS 25/2017) that authorizes an external credit of $750 million for the financing of the country’s incentive program for renewables, Programa de Financiamento para Energia Sustentável. The additional funds, which will be provided by the Brazilian Development Bank (BNDES) and the Inter-AmericanDevelopment Bank (IDB), will be […]

St Eustatius microgrid to be expanded after successful tests

In March 2016, SMA Sunbelt commissioned a 1.89 MW solar PV and 1 MW/572 kWh Lithium Ion (Li-Ion) battery energy storage system on the Caribbean island of Sint Eustatius. The objective of the retrofitted renewable energy plant was, and is, to reduce the diesel consumption of existing diesel generators on the island, thus generating savings […]