CREF Market News - Page 78 of 90

South Korea to invest USD 36.6m in Nicaraguan PV plan
April 11, 2016
South Korea will loan $33.3 million USD to the government of Nicaragua for the development of a solar project that will impact 164 communities. The government of Nicaragua will also invest $3.3 million USD in the project.
Cayman Islands could go 100% renewable
April 10, 2016
A legislator on the Cayman Islands is calling for the island’s government to establish a policy to hit 100% renewable energy by 2035. At present, the government has an established policy that calls for 13.5% renewables by 2030.
IDB annual assembly focuses on role of private sector, clean energy
April 8, 2016
This year’s annual IDB assembly focused on the role of the private sector in addressing the need for clean energy and the threat of climate change. Fabrizio Opertti, the IDB’s head of Trade and Investment said that the goal of the meeting is to create a “mechanism for hemispheric dialogue” between the private and public sectors. […]
Solar in Mexico will now grow by 521 percent in 2016.
April 5, 2016
In Mexico’s first Clean Energy Auction, 11 solar projects were awarded contracts. Together, these projects will produce 4 million megawatt hours per year. Project developers include: The winning projects are from seven developers: Enel Green Power with 992 megawatts and 2.25 million Clean Energy Certificates (CELs) SunPower with 509 megawatts and 989,265 CELs (includes projects by local […]
SunPower wins 500MW solar power projects in Mexico
April 4, 2016
SunPower secured a PPA for a 500 MW solar project in Mexico in the recent renewable energy auction. This includes a 400 MW installation in Yucatan and a 100MW installation in Guanajuato. These projects account for 25% of solar energy awarded in the auction, according to Mexico’s National Center for Energy Control (CENACE). SunPower president and […]
Caribbean’s largest solar plant goes live
April 2, 2016
A 33.4 MW solar plant was inaugurated in the Dominican Republic this week. Designed and developed by the Phanes Group, the plant is the largest in the Caribbean to date. By 2016, the plant’s capacity will be increased to 67 MW. “This project is a demonstration of how multiple stakeholders can work together to co-develop […]
Barbados Agricultural Society seeks solar
April 1, 2016
James Paul, CEO of the Barbados Agricultural Society (BAS), says that access to affordable solar will cut operating costs for farms, which in turn will cut the cost of food for consumers. According to Paul, the agricultural sector in Barbados has not seen any programs to engage farms in the renewable energy discussion. “We have […]
New Energy Events Launches Bimonthly Newsletter
April 1, 2016
Alongside a growing portfolio of conferences, New Energy Events has moved recently to provide news and intelligence on the LAC renewable markets to its constituency of over 8,000 market participants. As part of that mandate, we are excited to announce the launch of a bimonthly newsletter which will feature curated coverage of developments across the […]
Jamaica: New Fortress approved to supply gas for Old Harbour power plant
March 26, 2016
JPS president and CEO Kelly Tomblin announced that an agreement was signed with New Fortress Energy to supply gas for a 190 MW power plant at Old Harbour, St. Catherine. The plant, which will replaced JPS’ oil-burning plant, will be constructed with Power China. The final details will be finalized in early April. The plant […]