Market News - Page 198 of 337 - New Energy Events

Mexico announces tender for geothermal drilling and new information repository for geothermal projects
June 3, 2019
Geothermal energy is expanding in Mexico, with two announcements this week regarding the drilling of two wells for geothermal energy, and the upcoming development of a database on geothermal water resources in the country. CFE, Mexico’s state power utility announced a tender for the drilling of two wells in the Los Azufres geothermal project. These […]
Dominican Republic to invest USD 900m in renewable projects
May 31, 2019
Dominican Republic’s National Commission for Energy (CNE) has authorised the grant of twelve provisional concessions for new renewable energy projects totaling 874 MW. Two projects are focused on wind energy, eight will produce electricity from solar energy and two are thermal energy projects. Another five applications for the development of further renewable energy projects are […]
UK delivers capacity-building programme for blue economy in Antigua and Barbuda
May 28, 2019
The UK Government’s Commonwealth Marine Programme completed a three-week capacity building programme in Antigua and Barbuda last month. The programme aimed to support a safer maritime trade and the growth of Antigua and Barbuda’s Blue Economy. In attendance were representatives from Antigua and Barbuda’s Department of Maritime Affairs and External Relations, the Survey and Mapping […]
OPIC delegation visits Caribbean, discusses investment in energy
May 27, 2019
President of the U.S. Government0s development finance organisation, OPIC, concludes successful visit to the Caribbean to discuss infrastructure, energy, water, and women’s economic empowerment . “By partnering with our Caribbean neighbors to advance priorities like expanding access to low-cost energy, supporting critical infrastructure, and empowering women, OPIC is working to more effectively leverage private sector […]
European Commission launches second report with Blue Economy focus
May 27, 2019
On the 2019 European Maritime Day Conference in Lisbon, the European Commission released the second edition of its Blue Economy Report. The Commissioner for Environment, Maritime Affairs and Fisheries Karmenu Vella emphasised the importance and opportunities of the sustainable use of ocean resources for economic growth, through entrepreneurship, investment, and research and innovation. “Today’s report […]
New battery energy storage system inaugurated in Bermuda
May 27, 2019
The Bermuda Electric Light Company (Belco) held the inauguration of a new battery energy storage system with a ribbon-cutting ceremony last week. The company announced it expects the energy storage system to cut fuel and maintenance costs by $2 million a year. The Battery Energy Storage System (Bess) is made up of lithium batteries which […]
Solar development project in Barbados led by international partnership
May 23, 2019
MPC Capital has announced its expansion of development and investment activities in the Caribbean and Central America. The company is currently active in Jamaica, Costa Rica, Panama, Trinidad and Tobago, and Colombia. MPC Capital and Guinea Estates have partnered to lead the development of a 5MW solar project in Barbados. This project is expected to […]
Fund for Haiti’s clean energy transition through mini-grids and solar
May 23, 2019
The Off Grid Electricity Fund was created by Haiti and the World Bank to encourage clean energy and support various schemes including small-scale electricity grids and solar PV installation. An initial USD 17.2 million will be deployed over 10 years, with further plans for the fund’s future. The Clean Technology Fund, a trust run by […]
10MW battery storage system to be built in French Guiana
May 17, 2019
Voltalia has announced the construction of Mana Stockage on French Guiana, a battery storage system with a projected total installed capacity of 10MW. Mana Stockage will represent 90% of the island’s storage capacity, according to the company’s press release. The project was awarded after the French Commission for Energy Regulation call for projects in 2018. […]