CREF Market News - Page 78 of 90

Solar in Mexico will now grow by 521 percent in 2016.
April 5, 2016
In Mexico’s first Clean Energy Auction, 11 solar projects were awarded contracts. Together, these projects will produce 4 million megawatt hours per year. Project developers include: The winning projects are from seven developers: Enel Green Power with 992 megawatts and 2.25 million Clean Energy Certificates (CELs) SunPower with 509 megawatts and 989,265 CELs (includes projects by local […]
SunPower wins 500MW solar power projects in Mexico
April 4, 2016
SunPower secured a PPA for a 500 MW solar project in Mexico in the recent renewable energy auction. This includes a 400 MW installation in Yucatan and a 100MW installation in Guanajuato. These projects account for 25% of solar energy awarded in the auction, according to Mexico’s National Center for Energy Control (CENACE). SunPower president and […]
Caribbean’s largest solar plant goes live
April 2, 2016
A 33.4 MW solar plant was inaugurated in the Dominican Republic this week. Designed and developed by the Phanes Group, the plant is the largest in the Caribbean to date. By 2016, the plant’s capacity will be increased to 67 MW. “This project is a demonstration of how multiple stakeholders can work together to co-develop […]
Barbados Agricultural Society seeks solar
April 1, 2016
James Paul, CEO of the Barbados Agricultural Society (BAS), says that access to affordable solar will cut operating costs for farms, which in turn will cut the cost of food for consumers. According to Paul, the agricultural sector in Barbados has not seen any programs to engage farms in the renewable energy discussion. “We have […]
New Energy Events Launches Bimonthly Newsletter
April 1, 2016
Alongside a growing portfolio of conferences, New Energy Events has moved recently to provide news and intelligence on the LAC renewable markets to its constituency of over 8,000 market participants. As part of that mandate, we are excited to announce the launch of a bimonthly newsletter which will feature curated coverage of developments across the […]
Jamaica: New Fortress approved to supply gas for Old Harbour power plant
March 26, 2016
JPS president and CEO Kelly Tomblin announced that an agreement was signed with New Fortress Energy to supply gas for a 190 MW power plant at Old Harbour, St. Catherine. The plant, which will replaced JPS’ oil-burning plant, will be constructed with Power China. The final details will be finalized in early April. The plant […]
35 companies submit bids to construct St. Lucia solar farm
March 26, 2016
St. Lucia Electricity Service Ltd’s RFP for the construction of a 3 MW solar farm resulted in bids from 35 companies. Participants at the meeting were given an overview of the project and its importance to St. Lucia, information on St. Lucia’s energy transition strategy and the RFP process. LUCELEC’s Business Development Manager, Victor Emmanuel, […]
Renewable energy in 2015 surpassed conventional power, say UNEP
March 24, 2016
2015 saw a $286 billion investment in clean energy. The result? 134 GW of renewable power. This is up from 106 GW of renewables installed in 2014 and 87 GW in 2013. A report released by the United Nations Environment Programme (UNEP) this week called ‘Global Trends in Renewable Energy Investment 2016’ said that an […]
Green economy generates jobs
March 23, 2016
The government of Jamaica and the United Nations Environment Program released a study this week that links the green economy to development and job creation. Focusing on agriculture, tourism, construction, energy, & water and sewage, the paper links long-term development goals to creating policies that integrate sustainability and efficiency into each sector of the economy. […]