Legislation in Mexico has created a positive growth environment for renewable energy industries. Following the collapse of oil prices last year, Mexico opened its power sector to the private sector to increase participation in power generation and commercialization. In March, the government bought 2.1 GW for US$2.6 billion and will seek to buy between US$2.6 […]
New Fortress Energy, an affiliate of the US$70bn Fortress Investment Group, confirmed today that it will assume a senior sponsorship role at CREF 2016. In 2015 New Fortress signed an agreement to supply LNG for Jamaica’s 120 MW Bogue power plant in Montego Bay. The first shipment of gas arrived on August 5th. New Fortress […]
In an auction without subsidies, solar developers have won 720 GWh of capacity in Chile’s largest-ever power auction. Endesa won about 47% of the tender with an offer not tied to specific projects, while Accion Energia said it will build 183 MW wind facility at La Arauncía. Although wind power dominated the auction, taking 5.8GWh […]
A new solar power facility will be constructed adjacent to the LF Wade International Airport in Bermuda. The Government of Bermuda has issued an open call to pre-qualify companies seeking to take part in the tender for a two-phase project; the first phase will consist of 6 MW of power and the second phase will […]
An Irish renewable energy firm, Mainstream Renewable Power (MRP), recently beat out 83 competitors to build seven wind power plants in Chile. The US$1.65 billion project will provide a total 12,000 GWh of electricity under a 20-year operating agreement. MRP has notable experience in the renewables field, having produced more than 2,000 MW across more […]
CARICOM nations are under pressure to reduce carbon emissions and stem the import of fossil fuels. Carbon trading would provide the credits for lowering verified sources of emissions, an attractive possibility for Trinidad and Tobago which has a largely unregulated oil market and the second-highest carbon emissions per capita in the world. Caribbean reliance on […]
The organizers of the Cuba Energy & Infrastructure Summit are pleased to announce that the Government of Cuba has confirmed it will send a delegation of over 60 senior officials – representing 14 state-run entities – to the event in September. Amongst those agencies represented at the Summit are the Ministry of Energy & Mining (MINEM), Unión […]
New Energy Events are delighted to welcome Emera Caribbean as a sponsor of CREF 2016. Emera Caribbean is a leading utility player in the region and has a diversified portfolio of assets which includes Barbados Light & Power, Emera Caribbean Renewables, a 52% holding in Dominica’s Domlec, and a 19% interest in St. Lucia’s Lucelec. […]
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 […]