Market News - Page 192 of 337 - New Energy Events

Cayman Islands government building fitted with solar PV
August 5, 2019
A carport on a Government Administration Building in George Town, Cayman Islands will be fitted with solar PV panels. Bids for the structure are currently under review. The Ministry of Commerce, Planning and Infrastructure has called for a solar installation which will generate 100 KW of electricity. This installation, which should be finalised within six […]
St. Lucia’s energy policy roadmap discussed at UN High-Level Political Forum
August 2, 2019
St. Lucia’s policy roadmap and renewable energy projects were highlighted as an example of best practices in the ‘Achieving SDG 7 in Small Island Developing States’ Policy Brief during the United National High-Level Political Forum. The island’s National Energy Transition Strategy was developed by the Government of Saint Lucia, the electric utility Saint Lucia Electricity […]
Chilean government shows increasing enthusiasm for geothermal
August 2, 2019
Chile’s Undersecretary of Energy, Ricardo Irarrázaba, highlighted the geothermal potential of the country, and his government’s commitment to take advantage of this energy resource. The geothermal potential of explored areas in Chile is around 3000MW, which with the possible uses of thermal energy in Chile “places us, again, in a privileged place worldwide for the […]
OECS establishes a green-blue economy strategy and action plan
August 1, 2019
The Organisation of Eastern Caribbean States (OECS) has established a Green-Blue Economy Strategy and Action Plan. This plan aims to encourage and build further strategies for sustainable development through economic growth, improved livelihoods and the protection of ecosystems. OECS and the Caribbean Natural Resources Institute (CANARI) signed a Memorandum of Understanding in June to work […]
Dominican Republic receives €5m in green loans
July 31, 2019
The European Investment Bank (EIB) will provide €5m to two financial institutions in the Dominican Republic to finance energy efficiency and renewable energy projects. Banco de Ahorro y Credito Fondensa (Banfondensa) and Fondo para el Desarollo INC (Fondensa) will receive the loans to provide microfinance to small and medium businesses, and low and middle income […]
Bermuda’s new IRP could mean 85% renewables by 2035
July 30, 2019
This week, Bermuda released its first Integrated Resource Plan (IRP). The IRP would lead to 85% renewables on the grid by 2035 – more than double the Electricity Policy target of 38% renewables. The IRP specifies renewable energy sources that could meet the future load, including solar PV, offshore wind, and biomass. Feasibility studies for […]
El Salvador company aims for increased geothermal power generation
July 30, 2019
LaGeo has confirmed its commitment to increase the generation of electricity and energy from geothermal power in El Salvador. President of LaGeo, Lic. Mynor Gil, confirmed this during a visit to one of the company’s geothermal power plants. LaGeo will “to boost the production of the ‘white gold’ for the benefit of El Salvador development.” […]
Davivienda Costa Rica receives loan to issue green bond
July 26, 2019
Costa Rica has received a loan from an international body to finance green projects through the issuance of green bonds. Costa Rica received a USD 35 million loan from the International Finance Corporation (IFC), a World Bank Group member. The loan was made to Davivienda, a subsidiary of the Colombian bank. Luc Grillet, Senior Manager […]
Closing GEOLAC 2019: Cerro Pabellón Geothermal Plant Site Visit

From our Editorial Team
July 24, 2019
The 6th Geothermal Congress for Latin America and the Caribbean (GEOLAC) closed with a site visit to the Cerro Pabellón Geothermal Plant. Located 4,500 meters above sea level in the Atacama Desert, Cerro Pabellón is Chile’s only geothermal plant, and the highest in the world. The tour, led by Guido Cappetti, CEO of Geotérmica […]