Cayman Islands look to electric vehicles to achieve renewables targets

September 20, 2018

The Cayman Islands’ National Energy Policy aims to achieve a target of 70% renewable energy by 2037. Infrastructure Minister, Mr Joey Hew, is optimistic this target will be met, helped by the small steps the government is making to promote and use the renewable energy sources in and around the islands. The latest policy aims […]

Antigua and Barbuda green lights the stalled solar and storage project

September 20, 2018

A solar PV and grid-stabilising energy storage facilities project in Antigua and Barbuda will go forward, led jointly by clean energy provider PV Energy, and state-owned utility APUA, and supported by the Citizenship by Investment Unit. The project will help realise the goal of ensuring environmental sustainability in Antigua and Barbuda. The Green Antigua and […]

New plan in Bahamas to move renewable energy “beyond talk”, focus on IRP

September 18, 2018

The Bahamas Government’s National Energy Plan (NEP) aims for 30% of the nation’s power to be provided through renewable energy by 2030. Currently, Mr. Guilden Gilbert, Vice-President of Alternative Power Solutions (APS) Bahamas argues this target will be extremely difficult to meet without an Integrated Resource Plan (IRP) that sets out a “framework” which aligns […]

Solar-hydrogen storage project in French Guiana brings on new investor

September 13, 2018

The CEOG (Centrale Électrique de l’Ouest Guyanais) project in French Guiana announces a new equity partner. Meridiam, a leading organization in sustainable infrastructure, is acquiring 60% of CEOG alongside HDF Energy to finance and develop the project. Scheduled for a 2020 commission date, the new investor will help accelerate the development of the project, which […]

For Puerto Rico, how many stakeholders are too many? Former energy regulator considers island’s recovery and future

September 13, 2018

Jóse Román Morales, former Chairman of Puerto Rico’s Energy Commission, sat down with New Energy Events recently and shared his views on the resilience of the newly reconstructed grid, impediments to investment, and the independence of the new Energy Bureau. Do you believe that Puerto Rico’s reconstructed grid is better able to withstand and recover […]

Nicaragua’s electrification rates doubled in a decade

September 12, 2018

The Nicaraguan Ministry of Energy and Mines announced their electrification project reached 95% of national coverage. This project is part of the government’s strategy of restoring citizens’ rights by providing essential access to power and electricity. Before 2007, only 50% of households had an energy supply. According to official figures, 64.4% of electricity is from […]

EU companies are key investors in LAC energy sector, report finds

September 11, 2018

Between 2005 and 2017, EU-based companies accounted for 39% of the value of new projects in Latin America and the Caribbean. North American companies took second place (32%), followed by investments from companies in Asia (16%), specifically in China and Japan, according to recent numbers from the Economic Commission for Latin America and the Caribbean […]

Efficiency and innovation stimulating geothermal industry growth

September 11, 2018

HTF Market Intelligence Consulting announced in a recent press release the publication of its ‘Global Geothermal Energy Market’ study. The report highlights growth and opportunities in the industry, with in-depth analysis of trends in different regions, including Latin America, and provides profiles of a number of leading companies. The report finds that key players are […]

USD 15.5 million financing for Guatemalan solar company

September 11, 2018

The Netherlands Development Finance Company (FMO), the Dutch development bank, has recently announced its debt financing plan for Kingo, a pay-as-you-go solar power provider in Guatemala. With the seven-year local currency loan totalling $15.5million dollars, Kingo will buy and install solar panels and ensure the general growth of the company to serve its current 300,000 […]