Market News - Page 188 of 349 - New Energy Events

PREPA transmission and distribution system operator approved, questions remain
July 10, 2020
On June 22, 2020, the contract for the PREPA transmission and distribution system operator was approved. The question is if this agreement will benefit Puerto Rico’s electricity consumers. This type of agreement is normally approved by the regulator (in Puerto Rico the Energy Bureau) with broad citizen participation due to the impacts it has on all sectors of […]
Trinidad & Tobago pursuing hydrogen energy; HDF Energy and Kenesjay to develop project
July 10, 2020
Kenesjay Systems Limited (Kenesjay) has signed a Letter of Intent (LOI) with the French hydrogen specialist HDF Energy to establish a partnership for the development of the NewGen Carbon-Neutral & Green Hydrogen project. The main partnership principles and terms are now under discussion for a comprehensive MoU that is expected to be signed this summer. […]
FortisTCI and Ritz-Carlton partner on renewable energy
July 10, 2020
FortisTCI and the Ritz-Carlton Hotel and Residences are working together to increase renewable energy integration in the Turks and Caicos Islands. The luxury-branded development has signed on as FortisTCI’s 10th Utility Owned Renewable Energy Program (UORE) customer, further diversifying the country’s energy profile. The Ritz-Carlton Hotel and Residences are currently under construction on Grace Bay […]
El Salvador industrial park to add 8 MW of solar PV with $8m IDB Invest loan
July 10, 2020
IDB Invest, a member of the Inter-American Development Bank (IDB) Group, will support the expansion and installation of 8 MW solar rooftop at an industrial park in El Salvador with an $8m loan. The financing has an 11-year tenor and will allow American Industrial Park SA de CV (AIP) to build more space, improve logistics […]
Mexico issues international geothermal tender
July 10, 2020
The state-owned Comision Federal de Electricidad power company is seeking a developer for the facility. Comision Federal de Electricidad (CFE) a state-owned power company in Mexico, has launched an international geothermal plant project tender. It is looking for a developer that will be able to follow through on a facility with a guaranteed 25 MW net capacity. […]
Is Puerto Rico’s Grid Ready for Hurricane Season?

From our Editorial Team
June 29, 2020
June 1st marked the opening of Puerto Rico’s hurricane season, but it’s just one of many challenges confronting the island’s electric grid. The year opened with massive earthquakes that shut down the Costa Sur power plant, and then a pandemic upended the market and consumption patterns. Despite, or perhaps because of, these disruptions, the Puerto […]
JPS braces for power disruption from Saharan dust storm
June 29, 2020
The Saharan Air Layer, also known as Saharan dust, is creating electricity supply issues due to the dust contaminating power production infrastructure. With a second wave of Saharan dust coming this weekend, JPS issues a warning for its utility customers. “The heavy dust represents an increase in contaminants on the system which can result in […]
Barbados port moves toward “green maritime hub” with hybrid/electric equipment acquisition
June 29, 2020
Kalmar, part of Cargotec, has concluded an agreement to supply Barbados Port Inc (Barbados Port) with four fully electric forklifts and two hybrid straddle carriers for use at the Port of Bridgetown. The Port of Bridgetown is a full-service seaport located in Barbados and managed by Barbados Port Inc. Its marine terminal handles all major […]
Improved regulations can speed up the pace of Caribbean renewable investment
June 29, 2020
The “biggest roadblock” to the investment in renewable energy projects in the Caribbean are the investor regulations that are in place, Martin Vogt, managing director of German investment and asset management company MPC Capital has said. Vogt made the statement as part of a presentation in the Energy Chamber’s virtual conference during a session titled […]