Market News - Page 221 of 337 - New Energy Events

Cuban delegation to India presents renewable energy investment opportunities
October 4, 2018
Cuba is planning on building a bioelectric plant by the end of November, and starting construction of a wind farm later in 2018. These projects are concrete steps to achieve their goal of reaching 24% clean energy generation by 2030. The Cuban delegation presented their countries’ diverse investment opportunities in the bioelectric and solar photovoltaic, […]
Second solar plant in Honduras reaches commercial operation
October 3, 2018
The Los Prados solar power plant, a 35 MW project undertaken by Scatec Solar and Norfund in Honduras, is now connected to the grid, and has reached commercial operation. The project, which is expected to provide 73 000 kWh of electricity per year to 16 3000, thus reducing CO2 emissions by 40 000 tons per […]
Albioma announces project commissioning for Martinique’s first biomass plant
October 3, 2018
Albioma, an independent renewable energy producer specialising in biomass and photovoltaics, announced the industry commissioning of the first 100% bagasse/ biomass plant in the French overseas departments. Tests at the plant, Galion 2, began in January 2018. The plant uses mainly bagasse, a residue of sugar cane, to produce renewable energy, as well as other […]
U.S. allocates $2 million to spur investment in Caribbean energy sector
October 2, 2018
The United States Department of State spokesperson, Ms.Heather Nauert, announced that $2 million had been committed to the Caribbean Energy Security Initiative with the aim of fostering investment in the private sector. The initiative will identify projects where U.S. investment can spur further private sector investment “throughout the Caribbean energy sector”, she said in a […]
Panama has potential to become LNG hub for Central American region
October 2, 2018
Panama recently started importing liquefied natural gas (LNG). The country already plays an important role in international trade and business, and energy import-export operations. This position has been steadily increasing since the expansion of the canal in 2016. The first LNG facility in Central America is the Costa Norte terminal, a joint venture by AES […]
UAE-Caribbean Renewable Energy Fund to provide $34.5 million in grants
October 1, 2018
Dr. Thani bin Ahmed Al-Zeyoudi, UAE’s Minister of Climate Change and Environment confirmed the UAE will be providing $34.5 million in funding for renewable energy projects in the Caribbean located for enhanced resilience, and with technologies designed to withstand Category-5 hurricanes. This new funding is an addition to the $15 million in projects announced last […]
BarberWind Turbines launches new weather resilient design
October 1, 2018
The innovative wind technology company BarberWind Turbines announced the launch of its BTW 800kW in Grand Cayman, at the Caribbean Transitional Energy Conference. The turbine is designed to provide electricity to the distributed generation market, and is “especially interesting to Caribbean island nations”, said the company’s press release, due to its built-in lifting system and […]
Renewables developer Neoen announces €450 million IPO
September 26, 2018
Neoen, one of Europe’s largest renewable energy developers, announced its plans for a €450 million IPO, to expand its 2GW portfolio of clean assets to 5GW by the end of 2021. Its current activity is in wind, solar, and energy storage projects.. Neoen is developing the 37 MW solar project in Jamaica, currently in construction […]
Puerto Rico trade mission to Trinidad and Tobago to strengthen CARICOM
September 26, 2018
Eleven companies from Puerto Rico, representing sectors from asset management and executive protection, to food and beverage, and refrigeration services, visited Trinidad and Tobago this week as part of a trade mission. As the Caribbean Basin Initiative, which governs the trade arrangements between the U.S. and CARICOM, expires at the end of this year, the […]