Market News - Page 205 of 355 - New Energy Events

Puerto Rico issues RFQ for new generation facility
November 15, 2019
Puerto Rico is seeking a P3 partner to develop a generation facility in its northern region. The Puerto Rico Public-Private Partnerships Authority (PRPPA) and the Puerto Rico Electric Power Authority (PREPA) issued an RFQ seeking a private partner to develop, finance, construct, and operate the facility. It would be located adjacent to the existing Palo […]
NuStar completes $250-million sale of Caribbean storage terminal
November 15, 2019
NuStar Energy has finalized the US$250-million sale of its oil storage terminal on Saint Eustatius to Prostar Capital. NuStar President Brad Barron said that proceeds from the sale, which marks the company’s exit from the Caribbean market, would be redeployed to its core businesses in North America. The terminal’s 14-million-barrel storage capacity includes crude oil, […]
$250-million redevelopment deal finalized for Bahamas cruise port
November 15, 2019
Major redevelopment is coming to Prince George Wharf, with the completion of a 25-year port operation and lease agreement between the government of the Bahamas and the Nassau Cruise Port consortium. The consortium, which includes Global Ports Holding, the Bahamian Investment Fund, and the Yes Foundation, will invest up to US$250 million in the 12-month […]
US – Caribbean Resilience Partnership announces $1.5 million program
November 7, 2019
The United States is providing $1.5 million to increase disaster preparedness and resilience under the US-Caribbean Resilience Partnership. This partnership aims to strengthen U.S.-Caribbean cooperation and advance greater resilience to withstand the impacts of climate change, natural disasters, and extreme weather events by leveraging American and Caribbean innovation and expertise. Funding will support technical exchanges […]
Full steam ahead for Dominica’s geothermal plant after successful well testing
November 6, 2019
In a release last week, the Dominica Geothermal Development Company (DGDC) announces having successfully concluded the testing of its geothermal production well in Laudat. This, following news that the geothermal plant concept designs are completed, and the project is fully funded, according to Minister Ian Douglas. Currently, the DGDC is working to acquire the piece […]
Small island countries to explore marine renewables under new partnership
November 6, 2019
The Small Island Developing States (SIDS DOCK) and Naval Energies have signed a Memorandum of Understanding to support the development of marine renewable energy. Under the agreement SIDS and Naval Energies will collaborate to foster the development of Ocean Thermal Energy Conversion (OTEC), deep-sea conversion and floating offshore wind projects in small island countries. Through […]
Geothermal Development Facility issues 4th call for proposals
November 6, 2019
The Geothermal Development Facility for Latin America has opened its Fourth Call for Proposals (CFP) is open, and accepting applications until November 26, 2019. Previous applicants accepted in Expression of Interest (EOI) 4 are eligible to make a proposal, as well as applicants accepted in previous EOIs. The objective of the Facility (GDF) is to […]
Colombia awards 2.2 GW of solar and wind in first auction
November 6, 2019
Colombia’s National Mining and Energy Planning Unit allocated 2.2 GW of solar and wind power generation capacity in the country’s first renewable energy auction, which was finalized yesterday. The exercise’s final average price was COP95/kWh ($0.027), and the highest bid reached only COP110. The authority said the auction will enable the country to raise its […]
Renewable energy makes economic sense for DR, says AES Dominica CEO
November 1, 2019
Natural gas development in the Dominican Republic gets a second take from AES Dominicana president Edwin De los Santos. While recent initiatives supported by international stakeholders would see natural gas development in the northwest region of the DR, De los Santos believes “it is not very strategic”. The United States and the Energy and Mines […]