Market News - Page 232 of 342 - New Energy Events

Barbados to explore offshore renewable energy
August 3, 2018
Barbados has received funding from the Inter-American Development Bank (IDB) and the European Union (EU) for renewable energy projects. The Government of Barbados will use the funds to explore offshore projects, focusing on ocean thermal energy, fixed offshore wind, and floating offshore wind projects. The island’s Public Sector Smart Energy Program has called for studies […]
51 MW solar plant in Jamaica announces construction partners
August 3, 2018
A consortium of two experienced companies, Schneider Electric and Eiffage Energía, were selected for the construction and development of the 51 MW solar plant, Paradise Park, in Jamaica. The project developers, Neoen, MPC Caribbean, and Rekmaniar Frontier Ventures, won the tender with the lowest bid for solar power in the Caribbean at 8.5 cents/kWh. For […]
10 MW solar plant completed in El Salvador
August 3, 2018
AES, the Salvadorian subsidiary of the American electric company AES Corporation, has announced the connection of a 10 MW solar plant, La Unión, to El Salvador’s electric grid. This represents the first of three stages of the Bósforo project which aims to connect 100 MW of solar power to the country’s national grid. La Unión […]
Puerto Rico wants to increase renewable energy output to 40 percent
August 1, 2018
The governor of Puerto Rico, Ricardo Roselló, stated that the objective of the island is to increase the use of renewable energy to 40%. This, the governor stated, will give the citizens of the islands alternatives, regulate prices, independence and will help protect the environment and fight climate change. This statement goes in line with […]
Enel Chile to add 30 MW to Cerro Pabellon
August 1, 2018
Enel Chile will be installing 600 MW of renewables sources in the country. The company has executed a three-layered plan. The first and second will see the development of a 380 MW solar park in the regions of Antofagasta and Atacama and a 100 MW wind park between the regions of Biobío and Araucanía. The […]
Private sector playing big role in Central American Renewable Market
August 1, 2018
The number of renewables projects in Central America has been growing and attracting international investments, which have helped promote the development of innovative and clean projects. Today, in most countries of the region, private investments have surpassed public investment, which aim to promote decentralized projects throughout the country. The region produces 54.4% of their total […]
Promising results at Nevis geothermal drilling site
August 1, 2018
Thermal Energy Partners (TEP) has provided details on their successful drilling efforts on the Island of Nevis. This discovery has made the company confident that the resources in the island are economically viable and have the potential to supply power to the island resident and industries. Given the high temperatures of the geothermal resources, TEP […]
Dominican Republic understands potential of renewable energy
August 1, 2018
Ángel Cano, executive director of the National Commission of Energy, has stated that the institution has remained committed in developing a cleaner, more reliable and more efficient industry by investing in renewable projects, in line with the political agenda of the federal government. In a seminar, which discussed technology and energy regulation, Angel Cano, was […]
IDB to invest US$ 20m for renewables projects in Nicaragua
August 1, 2018
A fund of US$20m will be given to Nicaragua from the Banpro Group Promerica and IDB Invest, the private institute of the Inter-American Bank, in the next five years. This investment has the objective to expand the finance of Green Projects from Banpro, by financing projects that promote energy efficiency, renewables, and climate smart-agriculture initiatives. […]