Market News - Page 300 of 342 - New Energy Events

Cuba eyes India help to kick start sugar mills
July 20, 2016
As sanctions from the former U.S. embargo lift, Cuba has high hopes for trade and information sharing with India. Sugar is one of Cuba’s key commodities and a partnership with India could lead to the modernization of some of the 160 sugar mills that were in operation before the embargo. Indian Prime Minister Narendra Modi will […]
Siemens signs energy cooperation agreement with Cuban utility
July 20, 2016
An ongoing partnership between Siemens AG and the Cuba will grow further with a new plan to modernize the energy infrastructure of the country. A Memorandum of Understanding (MoU) between the German company and the Unión Eléctrica (UNE) gives Siemens the opportunity to work on projects in the field of of power generation, transmission and […]
Bolivia carries out studies for hydro projects
July 20, 2016
Evo Morales, president of Bolivia, has approved a project for final design studies for 3,251 MW and 425 MW hydro projects. The contract, which is schedule to be signed next week, will be carried out by Geodata Engineering, an Italian firm. The design work will cost US$15 million and take 15 months. Once the design studies […]
Latin America on track to deploy 2.7 GW of solar in 2016
July 19, 2016
Latin America continues to be the global leader in renewable energy in 2016. A total of 2.7 GW of solar PV will be installed this year from projects in Chile, Honduras and Mexico. Record-low bid prices in Mexico are attracting the interest of governments and promoting the country to the second largest market in L.A.; […]
Macquarie fund to buy 22.5-MW solar project in Mexico
July 19, 2016
Macquarie Mexican Infrastructure Fund (MMIF) will supply solar power to government and the private sector in Mexico. As the first managed fund in Latin America, it will buy a 22.5 MW solar project in Coahuila for about MXN 758 million (USD 41m). This represents MMIF’s second investment in renewable energy, as it already has a […]
ACCIONA signs its first renewable energy contract under Mexico’s energy reforms
July 17, 2016
Renewable power company ACCIONA Energia will cover an annual supply of 585.7 GWh of electricity, from two wind farms in Mexico. One of the first companies to sign a PPA with Mexico’s Federal Electricity Commission (CFE), ACCIONA was awarded the contract after an auction held in March. The 168 MW wind farm in the state […]
Cuban-Venezuelan oil refinery at Cienfuegos to be partially shut
July 16, 2016
Closures at the Cuban-Venezuelan Cienfuegos oil refinery will mean cuts in electricity and fuel for Cuban residents, in the second half of 2016. The 65,000 barrels-per-day refinery will be partially shut for 120 days this year due to maintenance; it is currently running at its minimum output capacity of 50,000 bpd. General manager for PDVSA […]
Public and private financing key to a low-carbon future
July 16, 2016
The steadily increasing growth of renewable energy industries presents another challenge to a greener world: financing for institutional capacity. Outcomes from Paris COP21 included several donor pledges to support the Green Climate Fund (GCF), and multilateral development banks (MDBs) committed to significantly increasing their share of climate financing. Clean energy is dependent on more progressive […]
Cuba promotes investments for energy saving
July 15, 2016
According to Minister of Energy and Mines, Alfredo Lopez, Cuba is promoting strategic investments to increase the use of renewable energy sources and fuels saving. Según el Ministro de Energía y Minas, Alfredo López, Cuba impulsa estratégicas inversiones para incrementar el uso de fuentes renovables de energía y el ahorro de combustibles.