Market News - Page 193 of 355 - New Energy Events

Jamaica anticipates 500 MW energy tender early 2021
August 7, 2020
Starting early 2021, Jamaica plans to develop over 500 megawatts of new generation. “It is envisioned that competition will bring the price of electricity down, while bringing the best technologies into the energy sector,” said Minister of Science, Energy & Technology Fayval Williams in a webinar discussion on ‘Renewable Energy Infrastructure Investment Opportunities’ on Thursday. […]
CDB program to train and certify solar PV workforce in the Caribbean
August 7, 2020
Current and potential solar photovoltaics (PV) practitioners in the Eastern Caribbean are currently benefiting from a training and international certification programme, aimed at persons who are currently working or are interested in the industry but lack internationally recognised certification. Approximately 150 women and men will be trained in the installation of PV systems as part […]
Chile’s Cerro Pabellon geothermal plant expansion will start operations 2021
August 7, 2020
The Cerro Pabellon geothermal power plant has currently a power generation capacity of 48 MW with an expansion in development since 2019. The Cerro Pabellón III project plans to install 33 MW in additional capacity (28 MW net). The company reports that the environmental permit has already been issued, all required turbines are already on […]
IDB Invest approves $2m credit facility for Caribbean LED Lighting
August 7, 2020
IDB Invest, a member of the Inter-American Development Bank (IDB) Group, approved a revolving credit facility of up to US$2 million to Caribbean LED Lighting Inc. (CLL) in Barbados. The facility will facilitate access to finance for the private sector, and will be used to expand the operations of the company within the Caribbean region […]
Costa Rican utility says no to waste to energy
August 7, 2020
The presidency of the Costa Rican Electricity Institute (ICE), declared that they are not going to provide any land to make the incinerator (or any type of chemical combustion) of waste that seeks to generate electricity as a result of the activity. In addition, ICE asks the Metropolitan Federation of Municipalities (FEMETROM) for an explanation […]
Dominica’s geothermal project bids come in over budget
August 7, 2020
Dominica’s geothermal project is facing a big roadblock – substantially higher project costs than anticipated. Following a September 2019 tender for the construction of a geothermal power plant on the island, three bids reviewed as valid all came in at prices significantly higher than estimates for project costs. The project had previously secured sufficient funds […]
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 […]