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Market News

  • Solar battery storage system installed in Saba

    March 19, 2019

    SMA Sunbelt Energy announced the installation of a new storage system for a solar PV farm on Saba. The 2.3MWh storage system was selected after a bid last year launched by Saba Electric Company NV, the island’s utility. The storage capacity will enable the utility to save around 300 litres of diesel every hour, and […]

  • Costa Rica

    Martinique makes strides towards energy self-sufficiency

    March 18, 2019

    With the 14MW Grand-Rivière wind park inaugurated last month, and further projects on the way, Martinique has been making strides towards achieving its goal of being energy self-sufficient by relying on renewable energy by 2030. The Grand-Rivière wind park counts seven wind turbines, and will provide electricity to 10 000 homes – 5% of the […]

  • Barbados could produce energy from sugar factory

    March 14, 2019

    The Barbados Agriculture and Food Security Minister Indar Weir announced the Portvale Sugar Factory may soon be used to produce renewable energy from its biomass. If stakeholders come together, the project could be in place by 2020 said the Minister. Energy would come from burning bagasse, a bi-product in the production of sugar, to make […]

  • Bahamas 132MW LNG power plant on track to open by Q4 2019

    March 13, 2019

    The technology group and leader in the field of renewable energy Wärtsilä has been awarded a contract to deliver a power plant in the Commonwealth of Bahamas. The Bahamas Power and Light (BPL) utility company has ordered the construction of the 132MW power. Seven high efficiency Wärtsilä 50 engines will run the plant, using liquified […]

  • 50 percent renewables in Jamaica

    Wind project starts construction in Cuba

    March 13, 2019

    Empresa de Construcción y Montaje, a state-owned Cuban building company, has started the construction of the 51MW La Herradura-1 wind farm. The foundations for two of the planned 34 towers have been built in the Las Tunas province. This will be the second wind farm in the region – the first, the 50MW La Herradura-2 […]

  • Positive progress report for geothermal plant in Nicaragua

    March 11, 2019

    Polaris Infrastructure announced in their 2018 Year End Results that the San Jacinto geothermal project in Nicaragua reached its highest annual power generation and revenue, and that the construction and stabilisation of a new well was a success. Polaris Infrastructure is a Canadian company engaged in the operation, acquisition and development of renewable energy projects […]

  • Geothermal Webinar

    Contract awarded for 5MW geothermal project in Bolivia

    March 11, 2019

    A geothermal power plant in Bolivia, near the Chilean border, will soon enter into construction stage. The contract for construction of the geothermal power plant was awarded to Sacyr Industrial -their first geothermal project- and Ormat, an established leader in renewable energy projects development. The 5MW power plant will be located in the Sol de […]

  • St Kitts and Nevis

    St Kitts & Nevis receives EU support and financing for renewable energy sector

    March 7, 2019

    St Kitts and Nevis have signed a Sector Budget Support Programme with the European Union to support the islands’ aim of energy self-sufficiency based on local renewable energy sources. The three-year programme will use its budget of 5 million euros to facilitate the integration of renewable energy and energy efficiency technologies amongst public facilities. It […]

  • High-level delegation visits Costa Rica to discuss investment, renewable energy

    March 5, 2019

    Indian Vice-President Venkaiah Naidu is part of a high-level delegation which will visit Paraguay and Costa Rica this week.  This visit’s purpose is to discuss the opportunities of their bilateral relations in trade and investment – renewable energy, especially hydroelectric, will also be discussed. Source

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