Market News - Page 186 of 342 - New Energy Events

Cuba to develop renewables roadmap with EU 18m support
March 16, 2020
In the first dialogue between Cuba and the EU, Cuba stressed the importance of the support of the EU in achieving energy independence. Given the intensification of the US blockade and its impact on access to fossil fuels, alongside Cuba’s commitment to combating climate change, renewable energy will be an important part of Cuba’s energy […]
Jamaica fires up first CHP plant, fuelled by LNG
March 13, 2020
New Fortress Energy began commercial operations of its gas-fired combined heat and power (CHP) plant at the Jamalco refinery in Halse Hall, Clarendon, and hailed the development as another milestone achievement in Jamaica’s transition to natural gas. “We are thrilled to announce the completion of the region’s first combined heat and power plant,” a company […]
MPC Capital targets $90m fund for Caribbean renewables
March 13, 2020
Over the next two years, MPC Capital aims to raise USD 90 million from US-based impact investors, institutional investors and foundations. The money will be allocated to up to 15 renewable infrastructure projects in the Caribbean. MPC Capital made its first investment in the renewable energy sector in the Caribbean in 2016 and has since […]
New Fortress Energy plans for a hydrogen fuelled future
March 12, 2020
New Fortress Energy LLC has plans to become a hydrogen supplier within the next decade, to achieve net-zero emissions. Currently, New Fortress Energy sells LNG to fuel power plants in the Caribbean, with plans to expand in other regions. He acknowledged that the goal is an ambitious one, with no guarantee that hydrogen will be […]
Auctions have driven 80% of current renewable energy capacity in LAC
March 11, 2020
On the occasion of Mexico WindPower 2020, the Latin American Energy Organization (OLADE) and the Global Wind Energy Council (GWEC) have published a joint report Competitive Processes for Financing Renewable Energy Projects which found that over 80 percent of current renewable energy capacity in Latin America and the Caribbean has been driven by public tenders […]
Jamaica’s energy minister calls for “change of mindset” in shifting energy landscape
March 9, 2020
Minister of Science, Energy and Technology, Hon. Fayval Williams, asks for a change in mindset as Jamaica embraces a new era of energy that is focused on increasing the use of renewable resources, in comments delivered at the fourth Energy and Climate Partnership of the Americas (ECPA) Ministerial Meeting at the JPS Power Station in […]
Chile aims for 100% electric public transportation by 2040
March 9, 2020
Chile will underscore its commitment to sustainable energy ahead of Expo 2020, with the announcement by the country’s government they will decarbonise the electric sector and implement 100% electric public transport by 2040 and achieve carbon neutrality by 2050. Source
$300-Million Thermal Ocean Energy Project to Launch in Puerto Rico
February 25, 2020
The Department of Economic Development and Commerce unveiled a plan to develop the $300 million Puerto Rico Ocean Technology Complex, or PROtech, to generate ocean thermal energy. The project will be developed in five phases, starting with the RFQ process next month. Source
Nevis 10 MW geothermal project secures development team
February 25, 2020
The Nevis geothermal project announced today that Albioma, a developer and operator of renewable energy projects in the Caribbean and worldwide, has been chosen by NREI to develop and construct the 10 MW Nevis geothermal project. Albioma has joined Schlumberger Integrated Drilling Services (IDS), of Schlumberger Limited (NYSE:SLB), a drilling company that was hired last […]