Market News - Page 185 of 337 - New Energy Events

Hearing on US$8.3-billion PREPA restructuring deal delayed
January 6, 2020
A U.S. District Judge has canceled a Jan. 14 hearing on the Puerto Rico Electric Power Authority (Prepa) $8.3-billion restructuring deal, as requested by the Financial Oversight & Management Board and the Fiscal Agency and Financial Advisory Authority. This is the fifth postponement of the hearing and a new date hasn’t been set to discuss […]
$4.5-million solar development coming to Puerto Rico
December 16, 2019
New York State leaders announced a program to provide business assistance and workforce development for Puerto Rican solar and construction companies. The $4.5 million initiative – called Puerto Rican Solar Business Accelerator, Workforce and Small Business Development Program – is being done through a partnership between the New York State Energy Research and Development Authority […]
Barbados oil company to diversify offering with renewable energy pilot program
December 16, 2019
In 2020, an unlikely company will be installing 300 PV systems in Barbados. The Barbados National Oil Company Limited (BNOCL) will install solar PV systems across homes of 300 people within the company, as a pilot project meant to diversify its offerings and make available a renewable energy arm of the company. Chairman of BNOCL, […]
Elizabeth Warren Announces ‘Blue New Deal’
December 11, 2019
Democratic presidential candidate Elizabeth Warren has released a Blue New Deal—indicating a growing US focus on issues related to the Blue Economy. The comprehensive plan focuses on ocean conservation, marine renewable energy and related industries. Included in the proposal are support for offshore clean energy, community benefit agreements, and new standards for sustainable ocean farming. […]
Report: Restoring post-storm power to Puerto Rico took a year
December 2, 2019
A new report from the U.S. Energy Information Administration (EIA) revealed that nearly a year passed before electricity generation was fully restored to pre-storm levels in Puerto Rico. The annual Power Plant Operations Report states that government agency PREPA, responsible for the territory’s electricity supply, lost 80% of its transmission and distribution network following Hurricanes […]
China’s Envision Energy launches first of four renewable energy projects in Argentina
December 2, 2019
Envision Energy Argentina inaugurated the Garcia del Rio wind farm in Buenos Aires—the first of four projects the Chinese company secured in the country as part of the government’s RenovAr renewable energy program. The 10MW park will be followed by Ventos del Secano and Cerro Alto, both 50MW, and the 75-MW Los Meandros. The park’s […]
Invenergy, EPM partner to bring more renewable energy capacity to Colombia
December 2, 2019
U.S. energy firm Invenergy announced a joint venture with with Empresas Públicas de Medellín (EPM) to bring more than 400MW of renewable energy capacity to Colombia over the next five years. EPM is looking to expand beyond hydropower, which includes its problem-plagued Hidroituango dam project. This new enterprise has Invenergy developing and operating wind and […]
New Fortress boosts Jamaica’s LNG demand with new plant
November 22, 2019
A new gas-fired 150MW power plant in Jamaica is helping drive up local LNG demand in a boon for U.S.-based New Fortress Energy. The Jamalco plant is expected to boost the company’s portfolio, which saw the bulk of its US$50 million in quarterly sales come from Jamaica. New Fortress aims to increase its current Jamaican […]
Anguilla launches mobile energy storage pilot project
November 22, 2019
Anguilla has rolled out a mobile energy storage pilot with the commissioning of a containerized battery from Gridspan Energy. The 125kW mobile battery system can be quickly deployed to sites and is operational within 15 minutes. This pilot program, the first of its kind in the Caribbean, has emergency response and solar storage capabilities. Source