Market News - Page 204 of 342 - New Energy Events

Exploratory drilling starts for geothermal project in St. Vincent and the Grenadines
May 14, 2019
Icelandic firm representatives and St. Vincent and the Grenadines representatives met at a ceremony to mark the official commencement of the drilling for a geothermal project on the island. The National Geothermal Project will include four wells, which will provide between 10MW to 20MW of electricity generation. The drilling is expected to be completed by […]
New report analyses the importance of resilience for DERs
May 13, 2019
Convergence have announced the release of a new report ‘The Value of Resilience for Distributed Energy Resources’. The report was prepared for the US National Association of Regulatory Utility Commissioners (NARUC). Distributed energy resources (DER), such as microgrids, solar photovoltaics, and storage, can contribute to a more resilient and secure electric grid. The report examines […]
116MW Dominican Republic solar project acquired by German renewables developer
May 13, 2019
Blue Elephant AG acquired the majority stake in the 116MW Montecristi solar power project in the Dominican Republic. The company’s legal adviser, international law firm Watson Farley & Williams, announced last week the project had been acquired from F&S Solar Concept GmbH. F&S is a solar farm builder which now remains on the project as […]
Montserrat 250 KW solar PV plant enters into commission, geothermal also moving forward
May 13, 2019
Montserrat inaugurated a major solar PV project, with the Premier saying the island would continue to develop both solar PV and geothermal energy projects. The 250KW solar PV plant has entered into commission, and will deliver 10% of Montserrat’s load demand. Montserrat Premier Romeo also emphasised the country’s goals for geothermal energy development, saying “on […]
Nicaraguan geothermal plant sees increase in power generation and revenues
May 8, 2019
Polaris Infrastructure have published their Q1 reports, which indicate an increase in the production of the San Jacinto geothermal power plant in Nicaragua. The increase in power generation from the power plant has also resulted in an increase in profit, up from half a million compared to the same period last year The 72MW geothermal […]
Geothermal training programme to be provided in El Salvador by UN
May 8, 2019
A memorandum of understanding was signed between the United Nations University Geothermal School, in Iceland, and the geothermal power company LaGeo in El Salvador. This agreement will continue their cooperation on geothermal training and knowledge-sharing. A further agreement was signed to continue a joint diploma based in the University of El Salvador, with La Geo […]
Renewables make up a fifth of energy sources connected to Chile’s central grid
May 3, 2019
Chile’s National Energy Commission has published a report which highlighted that over a fifth of the country’s energy sources connected to the central grid are from clean renewable sources. The total installed capacity of renewable energy is of 4.884MW. In the sector of geothermal energy generation, 40MW are currently in testing phase, 120MW are in […]
MPC Capital purchases Costa Rican wind farm
May 2, 2019
MPC Capital has acquired the 21MW Tilawind wind farm in Costa Rica for USD 50 million. Tilawind, located in the windy northern province of Guanacaste in Costa Rica, is an effective source of clean energy. Last year, it exceeded its expected outputs both in terms of energy production and revenues. Investors in the acquisition include […]
Colombia receives USD 600m loan to improve its energy matrix
May 1, 2019
The Inter-American Development Bank has announced it will support Colombia to diversify its energy matrix, focusing on renewable energy sources, with a USD 600m loan. Renewables which will be integrated into Colombia’s energy mix will include wind, solar and biogas. The loan will be used to implement policy reforms to ensure efficient electricity supply to […]