The state-owned Comision Federal de Electricidad power company is seeking a developer for the facility. Comision Federal de Electricidad (CFE) a state-owned power company in Mexico, has launched an international geothermal plant project tender. It is looking for a developer that will be able to follow through on a facility with a guaranteed 25 MW net capacity. […]
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Join us for the first webinar in a series of three hosted by Republic Bank and New Energy Events. We gather leaders from the hospitality, travel, sports, finance and real estate sectors to discuss the impact of Covid-19 on leading Caribbean corporates. To watch this complimentary webinar, click here. Webinar topics include: As lockdowns begin […]
June 1st marked the opening of Puerto Rico’s hurricane season, but it’s just one of many challenges confronting the island’s electric grid. The year opened with massive earthquakes that shut down the Costa Sur power plant, and then a pandemic upended the market and consumption patterns. Despite, or perhaps because of, these disruptions, the Puerto […]
The Saharan Air Layer, also known as Saharan dust, is creating electricity supply issues due to the dust contaminating power production infrastructure. With a second wave of Saharan dust coming this weekend, JPS issues a warning for its utility customers. “The heavy dust represents an increase in contaminants on the system which can result in […]
Kalmar, part of Cargotec, has concluded an agreement to supply Barbados Port Inc (Barbados Port) with four fully electric forklifts and two hybrid straddle carriers for use at the Port of Bridgetown. The Port of Bridgetown is a full-service seaport located in Barbados and managed by Barbados Port Inc. Its marine terminal handles all major […]
The “biggest roadblock” to the investment in renewable energy projects in the Caribbean are the investor regulations that are in place, Martin Vogt, managing director of German investment and asset management company MPC Capital has said. Vogt made the statement as part of a presentation in the Energy Chamber’s virtual conference during a session titled […]
José Ortiz, Executive Director of the Puerto Rico Electric Power Authority (PREPA) announced Monday the signing of its 12-year contract with EcoEléctrica and natural gas supplier Naturgy, with a reported $1.3 billion in savings for the corporation. Highlights of the new contract: Reduces the fixed payment for the energy produced by EcoEléctrica by ~$100 million […]
The Puerto Rico Electric Power Authority has reached an agreement for private management of its transmission and distribution system. The Financial Oversight and Management Board (FOMB) and other government entities approved the deal to hire a U.S.-Canadian consortium for operations. Known as LUMA Energy, the consortium is a joint venture between Quanta Services and Canadian […]