Market News - Page 198 of 355 - New Energy Events

Webinar | Puerto Rico & COVID-19: Impact on the Grid

From our Editorial Team
April 9, 2020
How is Covid-19 impacting Puerto Rico’s energy market, and what are the implications for utility customers? On Tuesday, April 14, we explored what this means for the future of the island’s grid. To listen to this complimentary webinar, click here. The discussion covers critical issues such as: How shifts in electricity demand are impacting the […]
Energy giant Enel says Covid-19 won’t affect plan for renewables portfolio in Latin America
April 9, 2020
In its latest financial announcement, Italian energy company Enel said the pandemic currently poses “no material disruption” to its renewable project supply chain, and that it expects to meet its 2020 energy targets. The company intends to move forward with plans to add an additional 14.1GW of renewables by 2022, which includes projects in Chile […]
Pandemic, oil price collapse to take its toll on LAC energy markets
April 8, 2020
The recent oil price collapse, combined with the economic contraction resulting from measures to fight the global Covid-19 pandemic, will have extensive and largely unforetold impacts for Latin American energy markets and beyond. These implications include cuts to investment and delays to ongoing projects in both oil & gas and renewable energy, fiscal and broader […]
Gender equality top priority for Caribbean Development Bank
April 8, 2020
The Board of Directors of the Caribbean Development Bank (CDB) has this week approved the Bank’s new Gender Equality Action Plan 2020-2024 to deepen its work on gender equality in Borrowing Member Countries and in the institution. Building on its investment in gender equality during the last decade, CDB is stepping up its gender responsiveness. […]
BVIEC receives five bids for 2 MW solar and storage project
April 8, 2020
Following a site visit on December 11, 2019, by twenty-eight global companies, five companies have submitted bids for the Anegada Hybrid Renewable Energy and Battery Storage System Project. BVIEC said the companies who submitted bids and their main characteristics for the project are Advanced Solar Products, MAN-HEG, Power52, Tugliq and Virtual Engineers. The combined Project […]
Belco takeover awaits regulatory approval
April 8, 2020
The Regulatory Authority is inviting comments through May 4, 2020 from the public on the proposed change of control of utility Belco. Algonquin Power and Utilities Corporation, a Canadian group, has agreed to acquire Ascendant Group Ltd, parent company of Belco, in a deal worth more than $360 million. Ascendant’s board and shareholders have approved […]
Puerto Rico Regulator Asks Court to Pause PREPA RSA Hearings
March 28, 2020
Puerto Rico’s Financial Oversight and Management Board (FOMB) announced that it’s filing a court motion to suspend all hearing and briefing deadlines for PREPA’s Restructuring Support Agreement. This agreement, intended to resolve the electric utitlity’s debt, would require a status report by May 15, 2020. See the full press release here.
Webinar | How Covid-19 is impacting the Caribbean

From our Editorial Team
March 27, 2020
On March 27, 2020, we hosted an online meeting with Caribbean leaders who updated us on the latest Coronavirus developments, and how the spread of the disease is impacting electricity markets across the region. To watch this complimentary webinar now, click here. Hear from leaders based in Trinidad, Puerto Rico, Barbados, and Jamaica as they address […]
Jamaica takes a closer look at pumped hydro
March 26, 2020
Jamaica has started studying the potential for pumped hydro storage on its electric grid to supply the grid with energy in times of need, as announced by Prime Minister Holness. The project envisions pulling water from the Middlesex aquifer in St Ann parish and pumping the water to reservoirs at higher elevations. The water would […]