Market News - Page 178 of 337 - New Energy Events

Caribbean tourism could move away from mass market approach
May 28, 2020
Caribbean tourism, pummelled by the impact of the coronavirus, may need to move away from mass market tourism as post-COVID-19 may see fewer tourist arrivals, experts have told a webinar on the ailing industry. Caribbean Development Bank official S. Brian Samuel warned that there may not be a quick rebound in regional tourism, neither long-stay […]
Cuba solar farm to double capacity by end of May
May 28, 2020
The Cuban government has continued works to double the capacity of a 2-5.MW solar photovoltaic (PV) park in Mayajigua in the northern municipality of Yaguajay, state-owned news agency Prensa Latina reported on Saturday. The soon to be a 5-MW park will become the largest in Sancti Spiritus province. Its expansion will allow the generation of 315 […]
Bermuda solar farm proves resilience after hurricane
May 28, 2020
A new solar power farm installed on a peninsula at LF Wade International Airport has already proved strong enough to survive a hurricane. The 24,000 solar panels covering almost 19 acres on land known as “The Finger” were partially in place when Hurricane Humberto struck last September, but they survived undamaged. Saturn Solar Developments, which […]
JPS appoints new CEO
May 27, 2020
As Emanuel DaRosa’s term expires on May 30, the board of directors of JPS appointed Michel Gantois to lead Jamaica’s utility as president and CEO. Previously, Gantois led the development of a hydrogen business unit for an Australian mining company, and has a decade of experience at ENGIE as CEO for Australia, Peru, and Pakistan, […]
Saturn Power awarded operating license for 6 MW Bermuda solar project
May 12, 2020
Just last week, the Regulatory Authority awarded an operating license to the developers of the project, Saturn Solar Bermuda 1, the Bermudian subsidiary of Saturn Power Incorporated. This is a significant milestone for the project. When the bids were submitted, Saturn’s bid was the lowest compliant bid, at 10.3 cents per kilowatt-hour. Construction began to […]
New Fortress short-listed by PREPA for temporary energy production
May 11, 2020
Liquified Natural Gas provider New Fortress Energy confirmed it’s been short-listed by the Puerto Rico Electric Power Authority (PREPA) for a temporary emergency generation RFP. Released in March, the RPF seeks to lease up to 500 MW of temporary generation capacity. This would help fill an energy gap following the Jan. 6 earthquake that shut […]
Barbados politicians urge government to direct funds towards renewable energy
May 8, 2020
With over $270 million to be allocated to capital works expenditure, Barbados Senator Crystal Drakes is urging government to use some of these funds to push job creation in the renewable energy sector. “If you want to engage in an exercise where you have job creation, you need to take some of the $274 million […]
US company secures sizable contract to build four LPG spheres in Caribbean
May 8, 2020
US contractor McDermott International’s storage business, CB&I Storage Solutions, has secured a sizeable contract to build four liquefied petroleum gas (LPG) spheres for a Caribbean energy infrastructure project. Under the work scope of the contract, McDermott’s storage business will perform engineering, procurement, fabrication and construction services for four LPG spheres, each measuring about 88ft in […]
Laguna Colorada geothermal project faces Covid-19 delays
May 8, 2020
Bolivia’s state power company Ende has suspended its consultancy procurement call for the 100 MW Laguna Colorada geothermal project, due to ongoing quarantine due to the coronavirus crisis, which runs through May 10. Expressions of interest for the consultancy contract, which includes preparing bidding documents to select contractors, were due by May 18. Source