Market News - Page 194 of 355 - New Energy Events

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 […]
PREPA Finalizes Contract with EcoEléctrica, Naturgy
June 25, 2020
José Ortiz, Executive Director of the Puerto Rico Electric Power Authority (PREPA) announced Monday the signing of its 12-year contract with EcoEléctrica and natural gas supplier Naturgy, with a reported $1.3 billion in savings for the corporation. Highlights of the new contract: Reduces the fixed payment for the energy produced by EcoEléctrica by ~$100 million […]
Puerto Rico Awards T&D Concession
June 25, 2020
The Puerto Rico Electric Power Authority has reached an agreement for private management of its transmission and distribution system. The Financial Oversight and Management Board (FOMB) and other government entities approved the deal to hire a U.S.-Canadian consortium for operations. Known as LUMA Energy, the consortium is a joint venture between Quanta Services and Canadian […]
Guadeloupe launches three tenders for geothermal energy
June 12, 2020
The French Environment and Energy Management Agency (ADEME) has launched three tenders on regional geothermal development in Guadeloupe, Caribbean with a planned Caribbean Geothermal Centre of Excellence. Operational implementation of the Caribbean Centre of Excellence in Geothermal, based in Guadeloupe Study of the content and how to implement the training programme provided through the Caribbean […]