Author Archives: newenergyadmin

Opening Sessions Presage Strength in Depth of CREF 2015

By the time CREF delegates break for lunch on the morning of the first day, they will have heard from the Ministers of Energy from Barbados, St. Vincent & Grenadines, St. Lucia and Nevis, the CEOs of the Jamaican, USVI, Aruban and Grenadian utilities, the Presidents of the Inter-American Development Bank and the Caribbean Development […]

CREF 2015 Nearing Record Turnout…Nearly 450 Delegates Confirmed

Five days until the Caribbean energy market gathers in Miami and CREF is on the verge of record numbers. With nearly 450 delegates now confirmed and registration still – for now – open, we have an extraordinary conference in prospect. Join utilities, governments, multilaterals, providers of capital, developers and investors in Miami next week for […]

Enel commissions 400MW hydropower plant in Colombia

Emgesa, a subsidy of Enel, has commission a 400 MW hydropower plant in Colombia. Once the completed, the $1.2 billion plant, which will generate 2.2 TWh per year, will meet 4% of Colombia’s electric needs. According to Enel CEO, Francesco Starace, the plant, “has already recorded a number of firsts. It is the most impressive […]

Jamaican Government Saves $80 Million through Energy Efficiency and Conservation Projects

Since 2011, The Jamaican government has saved $80 million on its electricity bills through a partnership with the IDC called the Energy Efficiency and Conservation Program (EECP). Energy usage has been reduced by replacing outdated air conditioning units and lighting and by installing central cooling, solar film and windows and by painting roofs. According to […]

Waste-to-energy in Nicaragua – Plans to Build Plant in Managua

Managua’s city council approved a thirty-year operating permit to W2E Eco Energy Investment Nicaragua for a waste-to-energy plant. According to mayor Daysi Torres, the company plans to invest $17 million in the plant, which will be located at the La Chureca landfill and will transform plastic bags into synthetic fuel. The plant will have the […]

SkyPower Invests in 500 MW Utility-Scale Solar and PV Education in Panama

SkyPower, a developer and owner of utility-scale solar projects, announced plans to build 500 MW of utility-scale solar projects over the next five years. These projects represent a $1 billion investment. According to Skypower Chief Commerical Officer, Charles Cohen, “SkyPower’s estimated US $1 billion investment is expected to create more than 10,000 total jobs in Panama, […]

One Week Until CREF – Nearly 400 Delegates Confirmed

The largest energy event in the Caribbean, CREF 2015, takes place in Miami next week. Nearly 400 delegates are currently confirmed to attend and registrations continue to accelerate. In 2014 registration closed early due to over-demand. Registration for CREF 2015 is still open but we strongly recommend you register as soon as possible if you […]

Chile Cerro Pabellón plant expected to start operations by mid-2017

ENAP and Enel Green Power estimate that the Cerro Pabellón plant in Chile will start operations in mid-2017. According to Marcelo Tokman, CEO of ENAP, major components of the plant must be pre-assembled and delivered to the site due to the high-altitude of the project location. The 48 MW plant will be built at 4,500 meters […]

Tax incentives for renewable energy projects in El Salvador

El Salvador’s government has proposed making changes to extend tax incentives for renewable energy projects and the expansion of existing projects. Such changes are expected to encourage investment in a number of different renewable projects, including hydro, geothermal, wind, solar, marine, biogas and biomass. To read more about renewable energy incentives in El Salvador, click […]