Market News - Page 221 of 342 - New Energy Events

CDB will supply funding for energy project in Dominica
November 5, 2018
The Caribbean Development Bank (CDB) announced it would be supporting Dominica in its aim to reduce energy costs and incorporate renewable energy and efficiency solutions in the country’s public sector. The programme’s first step will include conducting energy audits on public buildings and facilities. The long-term goal is to provide blended resources to address energy […]
OPIC will supply loan for Honduran 35MW geothermal power plant
November 2, 2018
The 35MW Platanares geothermal plant development in Honduras will move forward with financing from the Overseas Private Investment Corporation (OPIC). OPIC, the U.S. government’s development finance institution, will be the sole lender. Ormat Technologies Inc. announced its subsidiary had completed the financial closing of the project. “OPIC’s longstanding partnership with Ormat is helping bring needed […]
Solar PV/ Battery hybrid power plant in Barbuda to receive funding from New Zealand
November 2, 2018
A renewable energy power plant in Barbuda will receive funding from the New Zealand government with the wider aim of supporting the re-development of the island. New Zealand Ambassador Anton Ojala announced that Auckland would provide half a million USD for the UAE Power Station and Solar PV/ Battery Hybrid Plant in Cardington after meeting […]
Germany will open office in Cuba for the promotion of investment and economic exchange
November 1, 2018
The office for the promotion of trade and investment will be inaugurated by German officials in Cuba next week. This office will serve as an information hub for German and Cuban businesses to remain updated about investment opportunities and offers on the Caribbean island. The larger aim of the project is to promote economic exchange […]
Geothermal project in Montserrat secures funding for next phase
November 1, 2018
The United Kingdom Department for International Development (DFID) will source the funding for specialist and technical expertise for the ongoing geothermal project on the British Overseas Territory of Montserrat. Montserrat, part of the Leeward Islands, is known for its volcanic activity, a resource it has turned to its advantage through the development of this geothermal […]
St. Maarten resort to build improved solar energy farm
October 31, 2018
The Maho Group, owners and operators of St. Maarten’s Sonesta Resorts, have signed an agreement to install an updated state-of-the-art solar power park. This solar farm project will be led by China Machinery Engineering Corporation’s (CMEC) subsidiary, CMEC Dutch Caribbean. The company has built renewable energy projects around the world, and will supply the most […]
Report asserts economic benefits of renewable energy for Bermuda
October 31, 2018
The new report commissioned by the Bermuda Chamber of Commerce (BCC), ‘Innovation Island’, outlines the opportunities and innovations that lay ahead for Bermuda. The report emphasises the budding role of investments in the renewable energy sector. The report recommends Bermuda present itself as a beta site of the perfect size. A “global innovation island”, said […]
Launch of Blue Tech Challenge to fund Caribbean entrepreneurs with innovative blue economy initiatives
October 30, 2018
Businesses with projects concerning the ocean environment and marine management may receive up to USD 2 million in finding through a new initiative launched by the Inter-American Development Bank (IDB) in partnership with Compete Caribbean. The Blue Tech Challenge is an opportunity for firms using cutting-edge technology to contribute to sustainable management of marine resources. […]
Honduras to have new LNG power engines project soon
October 29, 2018
MAN Energy Solutions has won a contract to set up a combined-heat-and-power plant in Honduras for Progressive Energy, the energy arm of the ElcaTex Group. The role of engineering, procurement and construction for the project will be led by MAN Energy Solutions, and they will also be responsible for construction of the entire plant. Whilst […]