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Market News

  • Puerto Rico is supporting ‘green banks’ to push renewable energy in the country

    June 19, 2018

    More than 16 states in Puerto Rico are looking to support and create “green” banks to help finance and develop clean energy technologies. This is part of an initiative with the U.S Climate Alliance led by the governors of California, Washington and New York.  This alliance is looking to make a $200 million investment in […]

  • Acciona’s 5th wind farm begins operations in Tamaulipas, Mexico

    June 19, 2018

    The Spanish wind company Acciona, has started commissioning  a 183-MW wind farm (El Cortijo) in Tamaulipas, Mexico. Over the coming weeks, commissioning works will be finalized and the wind farm will run at full capacity. In Mexico’s first long-term power auction, the El Cortijo project secured 585.5 GWh of power and clean energy certificates. In a later […]

  • Puerto Rico on a path to build a more resilient, efficient and renewable energy sector

    June 19, 2018

    The island of Puerto Rico is looking into recommendations from a report, “Build Back Better: Reimagining and Strengthening the Power Grid of Puerto Rico”. The report recommends policy reforms in order to build a more resilient electric power system with the objective to be less dependent on fossil fuels imports and decrease operational costs. This […]

  • Jamaica’s renewables push brings economic stability

    June 18, 2018

    The Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, has argued that the decision to move towards a diversified energy economy has made Jamaica less susceptible to the volatility of oil prices in the global market.  The minster stated that new LNG, wind and solar projects will provide a total of 410 megawatts […]

  • 183 MW wind farm starts operating in Tamaulipas, Mexico.

    June 18, 2018

    The Spanish wind company Acciona, has started commissioning  a 183-MW wind farm (El Cartijo) in Tamaulipas, Mexico. El Cortijo, is now one of the first projects to secure a long-term power auction, and one of the first being developed as a product of  Mexico’s Energy Reform.  This will be Acciona’s fifth wind farm in the […]

  • The Bahamas aims to incorporate 30% of renewables into the national grid by 2030.

    June 18, 2018

    The Ministry of Environment and Housing in the country is working on a plan which will make renewable energy mandatory for the construction of new homes from the Government Subdivisions. This policy will have the objective to bring greater residential energy while promoting and enhancing sustainable development.   Romauld Ferreira, the Minister of  Environment and Housing, […]

  • Solar and energy storage gets a boost in Puerto Rico

    June 18, 2018

    Following the influx of new solar and energy storage developers into Puerto Rico, a new trade group has formed to promote the technologies. The Solar and Energy Storage Association of Puerto Rico (SESA-PR) includes founding members such as Sonnen, Sunrun, Pura Energía, SRInergy, and Tabuchi. The group will dedicate efforts to promoting solar and storage […]

  • Webinar: A new era of investment in LAC geothermal?

    From our Editorial Team

    June 13, 2018

    To set the stage for the 5th Geothermal Congress for Latin America & the Caribbean (GEOLAC) on JULY 17-18 in Mexico City, New Energy Events and ThinkGeoEnergy are exploring the big trends in the regional and global geothermal markets and what those trends mean for the development of projects across the region.  The webinar “A new era of […]

  • Island Resilience

    Why resiliency changes the investor view on the Caribbean energy sector

    June 7, 2018

    Guest Editorial written by Doug Hewson, Managing Partner, Portland Private Equity As we enter the 2018 hurricane season, we are beginning to understand how last year’s monumental storms have impacted private equity’s view on the Caribbean energy sector. It’s no secret that the regional energy sector has many issues: reliance on fossil fuels, sub-scale markets, and […]

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