Market News - Page 215 of 342 - New Energy Events

Caribbean to pilot UN geothermal classification scheme
December 22, 2018
This classification system is designed to encourage investment in geothermal projects. The classification scheme was discussed at a workshop recently held in St. Lucia by the International Renewable Energy Agency (IRENA), the International Geothermal Association and the World Bank. The scheme, the ‘United Nations Framework Classification (UNFC) to Geothermal Energy Resources and Reserves’ is a […]
El Salvador opened tender for renewable energy project
December 21, 2018
El Salvador has received eighteen proposals, twelve solar PV projects and six biogas, for a 28MW renewable energy project. The National Energy Council of El Salvador, and the electricity distributor DELSUR received this Wednesday the proposals. The call for tenders had been opened in May. Representatives of SIGET, a government agency overlooking electricity and telecommunications […]
Barbados and Trinidad and Tobago discuss energy cooperation agreement
December 21, 2018
Trinidad and Tobago and Barbados have started discussions to explore a “potential partnership” on energy related matters. High level discussions by the countries’ ministers of energy were recently held, according to Trinidad’s Ministry of Energy and Energy Related Industries. Energy Minister Franklin Khan, and his Barbados counterpart Wilfred Abrahams discussed “mutual cooperation with respect to […]
Feasibility study planned for geothermal project in Ecuador
December 20, 2018
A feasibility study for a geothermal project has been undertaken in Ecuador. The CELEC power utility is planning further drilling, with financing from the Japanese Government. The site Chachimbiro is surrounded by a volcano and hot springs, a natural environment apt for geothermal energy development. This energy source would be consistent throughout the year. In the […]
Eastern Caribbean to receive financing for geothermal
December 20, 2018
The Inter-American Development Bank (IDB) and the Caribbean Development Bank (CDB) will provide over USD 85 million for geothermal development in the Eastern Caribbean. This latest financing is an expansion of the Sustainable Energy Facility programme, under which the two lenders provided a USD 71.5 million loan and grant package for the development of renewable […]
The Caribbean and the EV Revolution-in-Waiting

From our Editorial Team
December 18, 2018
While most Caribbean islands are rapidly modernizing their electric grids, the modernization of transportation systems has lagged. Is change in the air? In November, for example, the government of Bermuda signed a memorandum of understanding with the Rocky Mountain Institute (RMI), embracing a plan to fully transition the island’s transportation sector to electric vehicles (EVs). […]
Honduras inaugurates solar PV self-consumption project
December 17, 2018
Enertiva, in conjunction with Karim’s Group, have developed a solar project which will provide electricity to a production plant in San Pedro Sula, Honduras. Karim’s Group is a multinational company operating in the real estate and textile industry. The Central American energy promoter Enertiva operates in Guatemala, El Salvador, Honduras, Costa Rica, Panama and Nicaragua. […]
Dominican Republic announced floating gas-battery hybrid platform
December 14, 2018
A floating natural gas power plan equipped with a battery energy storage system will be built in the Dominican Republic. The plant was ordered by Transcontinental Capital Corporation, an independent power producer and subsidiary of Seabord. Engineering firms Siemens and ST Engineering are providing the platform, with the technology provided by Fluence. Three turbines, two […]
First phase of solar PV plant in Dominican Republic completed
December 13, 2018
After a year of construction, the 1.5 MW solar PV plant commissioned for cement producer Domicem was inaugurated in San Cristóbal, Dominican Republic. This is the company’s first solar power project. The first phase of construction included the installation of 4 616 solar panels. The second phase, set to start in the next few days, […]