Market News - Page 282 of 340 - New Energy Events

Suriname investing $98m in 3 solar plants and electricity upgrades
December 12, 2016
The Caribbean Development Bank (CDB) will loan $65m to the government of Suriname, and the government and utility will contribute $33.325 to make upgrades to Suriname’s electricity grid. The Board of Directors of the Caribbean Development Bank (CDB) approved the loan which will upgrade and expand sections of the country’s transmission, sub-transmission and distribution networks, […]
Clean energy revolution in Latin America
December 12, 2016
Latin America is already a leader in clean energy. Costa Rica ran for 7 months on clean energy alone last year and Uruguay came close to that. In 2014, the latest year for which comparable data exist, Latin America as a whole produced 53% of its electricity from renewable sources, compared with a world average of […]
Bolivia geothermal exploration to begin 2017
December 8, 2016
Bolivia has committed to diversifying its energy supply, and if all goes according to plan geothermal will be an integral part of their profile. Geothermal exploration at the Laguna Colorado site – close to the border of Chile – is set to begin in 2017 with the support of ICE from El Salvador. The plant […]
Coming to Costa Rica: charging stations for EVs
December 8, 2016
Costa Rica is a renewable energy powerhouse – often going weeks running its infrastructure with renewable energy only – so to lower carbon emissions further, the focus is shifting onto electric vehicles. South Korea’s POSCO ICT Co. announced Tuesday it has installed electric vehicle recharging stations in Costa Rica as part of its project to […]
Enel outlines strategy for Latin America growth
December 6, 2016
An aggressive investor in Latin American renewables, Enel has announced its updated plan for 2017-2019, and if all works out to plan, the Italian utility will be in a very good position. In its updated plan, ENEL SpA has expanded its earnings targets with an aggressive capital-expenditure program for 6.7 GW of renewable energy capacity. And that’s […]
Off-grid solar ready to take off in Peru
December 6, 2016
A nonprofit is working in Peru to get power to remote communities using solar technologies. An estimated 3 million people in Peru don’t have access to power, largely because of the remoteness of the villages where they live.“From the Andes to the Amazon, folks are really spread out,” said Michael Callahan, CEO of PowerMundo, a […]
Infrastructure finance giant relocating to Panama
December 6, 2016
The Inter-American Corporation for Infrastructure Financing (CIFI, http://www.cifi.com), a leader non-bank financial institution dedicated to run projects in Latin America and the Caribbean, is set to move its headquarters from Washington D.C. to Panama City. The objective of this measure is to leverage closer to the region to further boost its activity there. Since the beginning […]
Guyana: clean energy gets a boost from local bank
December 5, 2016
Guyana’s clean energy sector is about to get a boost from local bank – Demerara Bank Limited (DBL) – which is now fully powered by solar PV at a cost of GYD$27.5m. The bank says it will offer a special eight percent interest rate for companies and businesses interested in installing similar technology. The 25,000 square foot […]
Chile reforming energy policy with $100m IDB loan
December 5, 2016
The Inter-American Development Bank (IDB) approved a $100m loan for a programme to improve Chile’s energy sustainability through reforms in the sector, helping the country reach its goal of 20% non-conventional renewables by 2025. Under the programme, Chile will develop a long-term energy policy, which aims to encourage the use of renewable energy sources, boost competition in […]