Market News - Page 201 of 337 - New Energy Events

Jamaica to invest USD 25m on energy storage
April 16, 2019
Jamaica’s power utility, Jamaica Public Service Company (JPS) announced it would commission a USD 25 million energy storage facility. The 24.5MW plant will be the first facility of its kind in Jamaica, and will help to address power fluctuations. This storage facility will act like a battery, charging when solar and wind-energy plants generate energy […]
Solar farm in Guyana to start construction
April 16, 2019
A 1MW solar farm is to be constructed in Lethem, Guyana. The $564 million project is pending approval from the international tender. Once approval is received, the project should enter into commission within the year. The solar farm will replace the diesel-based electricity supply with a stable and clean energy source. The Minister of Public […]
Costa Rica to install 34 EV charging stations
April 15, 2019
Costa Rica has announced it will install 34 fast charging centres for electric vehicles across the country. The map for the location of the charging centres was announced as the Law of Incentives and Promotion for Electric Transportation was signed last week. The project was led by the Ministry of Environment and Energy and the […]
Wind farm in Dominican Republican enters into commission
April 15, 2019
A 50MW wind farm in the Dominican Republic started operations last week. This project, the Agua Clara wind farm, is equipped with 25 wind turbines of 2MW each. Agua Clara will be supplying electricity from clean and renewable energy sources to over 250 000 households. The wind farm was developed by Inkia Energy Ltd on […]
One week to IPO of Jamaican wind energy company
April 11, 2019
Wigton Windfarm Limited will have its stock market launch on April 17th. Eleven billion shares at 0.50 cents each will be offered under the IPO, which will run until May 1st on the Jamaica Stock Exchange. Wigton is a subsidiary of the state-owned energy authority Petroleum Corporation of Jamaica. Wigton Windfarm is the largest wind […]
Drilling starts at geothermal site in St. Vincent and the Grenadines
April 5, 2019
Four heavy-duty cranes have arrived on St. Vincent and the Grenadines with drilling now underway on the island’s planned geothermal site. The drilling for the wells which will supply steam to the 10MW geothermal power plant has started recently. The cranes will be used to lift and move the drilling apparatus. This geothermal power plant […]
St. Lucian resort receives prestigious sustainable tourism award
April 4, 2019
The Bay Gardens Resorts, a group of locally-owned hotels in Rodney Bay Village, St. Lucia, have won the island its very first Green Globe Gold member certification. The Green Globe Award recognises sustained environmental protection and sustainability measures in the hospitality and tourism industry. The Green Globe’s Gold Member status is awarded to businesses that […]
Costa Rica inaugurates its largest solar park
April 3, 2019
The country’s largest solar energy installation was inaugurated in Costa Rica a few days ago. With over 19,000 solar panels on a surface of 11,2 hectares, the 5MW cooperative solar park will deliver electricity to 5,000 families in the Northern region of the country. Coopelesca, the first Carbon Neutral Cooperative in Latin America leads the […]
Grant for 7 blue economy projects in the Seychelles
April 3, 2019
Seven projects in the Seychelles have received funding under the Blue Grants Fund to support the islands’ Blue Economy. The Seychelles Conservation and Climate Adaptation Trust (SeyCCAT) will be administering and distributing the USD 360 000 granted, the second grant delivered by the Fund since its launch in 2017. The trust is mandated to support […]