Market News - Page 211 of 349 - New Energy Events

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. […]
Anguillan hotel completes solar PV installation
May 16, 2019
The Frangipani Beach Resort in Anguilla, British West Indies, has completed a renewable energy project which will power 70 percent of the resort. Eight hundred PV solar panels will provide 370 KWh of energy. One of the main feature of the resort -and one of the first the guests will see upon arrival- the installation […]
Colombia and U.S. sign MoU to strengthen cooperation on energy
May 15, 2019
Colombia and the U.S.have signed a Memorandum of Understanding to establish a framework of cooperation on energy matters, including in the renewable energy sector. The agreement aims to establish technical assistance, knowledge and information sharing, capacity-building to push forward their energy transition. Colombian President, Iván Duque, Colombian Secretary of State Carlos Holmes Trujillo, the Minister […]
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 […]