Market News - Page 197 of 349 - New Energy Events

Natural Capital Dominates Policy Discussions in 2020
January 14, 2020
With several critical policy discussions on the calendar, 2020 has been dubbed the Super Year for Nature. Meetings include the International Union for Conservation of Nature World Conservation Congress in France, happening in June; the COP15 of the United Nations Convention on Biological Diversity in China this October; and Climate COP26 closing out the year […]
Puerto Rico earthquakes cause widespread devastation and power loss
January 9, 2020
A series of earthquakes across Puerto Rico deal another blow for the already fragile power system. As of Jan 9, about 2/3 of Puerto Rico is without power, and officials say the impact from the earthquakes have caused wider devastation than Hurricane Maria. In the case of generation, one power plant has suffered sufficient damage […]
Shareholders request Barclays phase out financing of fossil fuel companies
January 8, 2020
Barclays shareholders have filed a landmark resolution asking the bank to phase out the financing of fossil fuel companies. The request came from 11 institutional investors managing more than US$170.6 billion and about 100 individual shareholders, and will be voted on at the British bank’s annual general meeting in May. Barclays is currently the highest […]
Martinique begins geothermal talks
January 7, 2020
Martinique, a French Caribbean territory, is exploring the potential for geothermal energy, as part of an island-wide clean energy transition. Over the previous two decades, experts have identified two potential areas for geothermal development, with a particular focus on the southwest region of the island. A group of Martinique’s electricity and energy stakeholders recently made […]
Hearing on US$8.3-billion PREPA restructuring deal delayed
January 6, 2020
A U.S. District Judge has canceled a Jan. 14 hearing on the Puerto Rico Electric Power Authority (Prepa) $8.3-billion restructuring deal, as requested by the Financial Oversight & Management Board and the Fiscal Agency and Financial Advisory Authority. This is the fifth postponement of the hearing and a new date hasn’t been set to discuss […]
$4.5-million solar development coming to Puerto Rico
December 16, 2019
New York State leaders announced a program to provide business assistance and workforce development for Puerto Rican solar and construction companies. The $4.5 million initiative – called Puerto Rican Solar Business Accelerator, Workforce and Small Business Development Program – is being done through a partnership between the New York State Energy Research and Development Authority […]
Barbados oil company to diversify offering with renewable energy pilot program
December 16, 2019
In 2020, an unlikely company will be installing 300 PV systems in Barbados. The Barbados National Oil Company Limited (BNOCL) will install solar PV systems across homes of 300 people within the company, as a pilot project meant to diversify its offerings and make available a renewable energy arm of the company. Chairman of BNOCL, […]
Elizabeth Warren Announces ‘Blue New Deal’
December 11, 2019
Democratic presidential candidate Elizabeth Warren has released a Blue New Deal—indicating a growing US focus on issues related to the Blue Economy. The comprehensive plan focuses on ocean conservation, marine renewable energy and related industries. Included in the proposal are support for offshore clean energy, community benefit agreements, and new standards for sustainable ocean farming. […]
Report: Restoring post-storm power to Puerto Rico took a year
December 2, 2019
A new report from the U.S. Energy Information Administration (EIA) revealed that nearly a year passed before electricity generation was fully restored to pre-storm levels in Puerto Rico. The annual Power Plant Operations Report states that government agency PREPA, responsible for the territory’s electricity supply, lost 80% of its transmission and distribution network following Hurricanes […]