Market News - Page 151 of 355 - New Energy Events

STOA Invests in Phase II of Wind Farm Expansion in the Dominican Republic
January 17, 2022
Grupo Energético 23 and STOA S.A. (STOA) partner on a deal for STOA to invest in the expansion of the Poseidón Energía Renovable, S.A. 100MW Los Guzmancito wind farm project in the Dominican Republic. The first phase, commissioned in 2019, consisted of 16 Vestas turbines. The new investment by STOA includes a USD 128 million […]
BVIEC Evaluates 19 Applications for Paraquita Bay Microgrid Project
January 17, 2022
The British Virgin Islands Electricity Corporation (BVIEC) received 19 applications from companies looking to pre-qualify for the proposal to develop a microgrid in Paraquita Bay. Submissions qualify the companies for consideration by the BVIEC to bid on future engineering, procurement, and construction services. The project will be funded with a USD 600 thousand grant provided […]
CEGA Uses FIC-R Award to Develop Low-Temperature Geothermal Energy Project
January 17, 2022
After being awarded the Innovation Fund for Regional Competitiveness (FIC-R), The Center of Excellence in Geothermal Energy of the Andes (CEGA) plans to expand its implementation of projects for the use of low-temperature geothermal energy. One of the projects they’re developing will use shallow geothermal energy and operate at one of the lowest costs in […]
CORFO Provides USD 10 Million to ENGIE SA for the Development of the First Green Ammonia Production Plant in Chile
January 17, 2022
CORFO has chosen six of the twelve proposals presented in their first call for applications to develop green hydrogen production plants in Chile. The projects will receive total development contributions of US$50 million. The proposals include the development of the first green ammonia production plant in Chile. Source: International Mining
CARICOM Commissions a 400 KW Solar PV and Storage System in Guyana
January 14, 2022
CARICOM will produce solar-generated electricity soon after commissioning a 400-kilowatt solar photovoltaic power generation plant and battery power conditioning system on their compound in Liliendaal, Greater Georgetown. The Japanese government funded the USD 7 million project consisting of 1,500 solar panels, servers, batteries, a carport, and space for educational/recreational activities. In the future, CARICOM expects […]
Matrix Renewables Closes Financing for 328-MW Solar Distributed Generation Portfolio in Chile
January 14, 2022
Matrix Renewables, a Madrid-based renewable energy platform backed by the global alternative asset manager, TPG, closed a non-recourse, long-term financing agreement for 328 MW of solar-distributed generation (DG) projects in Chile. Out of the 48 photovoltaic projects in Chile’s PMGD program (projects with a generation capacity surplus lower than or equal to 9,000 kW), the […]
MPC Energy Solutions Begins Development on El Salvador Solar Plants
January 14, 2022
MPC Energy Solution reached a financial close for the Santa Rosa & Villa Sol solar (PV) plants in El Salvador. With a combined capacity of 21.07 MW, MPCES expects the plants to begin energy production towards the end of 2022, generating around 43 GWh a year and avoiding nearly 11,000 tons of CO2 emissions per […]
Ecopetrol Commits USD 50 Million in Projects to Decarbonize its Activity
January 14, 2022
The Colombian gas company Ecopetrol released its investment plan for 2022. The company expects to invest more than USD 50 million in projects to decarbonize its activity, USD 200 million in water management projects, and USD 6 million in developing green and blue hydrogen pilots and projects to be applied at the refineries. Source: PR […]
Top 10 Geothermal Countries Based on Installed Power Generation Capacity
January 11, 2022
ThinkGeoEnergy published a list of the top 10 geothermal countries in 2021 based on installed power generation capacity. Mexico is on the list at number six with no gain or loss of power generation capacity from the year before. Colombia is a geothermal-newcomer and helped contribute to the 2021 overall generation capacity of 15,854 MW […]