Market News - Page 222 of 349 - New Energy Events

Electric vehicles industry is making strides in Costa Rica
January 8, 2019
Experts in the Costa Rican transport sector and industry predict changing tides and an increase in the use of electric vehicles in the country. Currently, only 600 out of 1.4 million private vehicles run on electricity. However, this is twice the number of electric vehicles that were on the roads in 2017. Bernal Munoz, a […]
Barbados fund commits to financing energy sector
January 7, 2019
Barbados’ Enterprise Growth Fund Limited (EGFL) has funded $15.9 million worth of energy projects through its Energy Smart Fund. Mr. Timothy Simmons, the fund’s CEO has reported substantial progress of the renewable energy sector in Barbados, in part supported by the Energy Smart fund. The EGFL funds renewable energy projects for a company, and reduces […]
Guyana to explore its wind power generation potential
January 4, 2019
Guyana’s Ministry of Public Infrastructure has installed wind measurement stations along its coast to determine the potential of wind as a source for energy generation. “Our department has done a lot of work with solar energy over the years”, said Horace Williams, CEO of Hinterland Electricity Company Incorporated (HECI), the body undertaking this project. “We […]
Dominica to start construction on geothermal project in Q3 2019
January 3, 2019
The Government of Dominica has announced its goal to start construction of a geothermal power plant before the end of this year. The project, located in the Roseau Valley and just outside the island’s capital city, is funded by the IDB and the Caribbean Development Bank, with support from the World Bank. In March 2018, […]
Sustainable resort in Dominican Republic receives USD119.5 million in financing
December 27, 2018
The International Finance Corporation (IFC), a World Bank Group member, and IDB Invest have announced their commitment to provide USD 119.5 million to Cisneros Real Estate for a new sustainable resort in the Dominican Republic. This investment will strengthen the country’s appeal for investments, and build a brand as an eco-friendly destination. This development is […]
Jamaica completes offshore LNG terminal
December 26, 2018
The natural gas supplier New Fortress Energy has finished construction for its new floating regasification vessel, the Golar Freeze, off the Old Harbour in Jamaica. This deal is expected to generate over USD22 million for the vessel’s owner, Golar LNG Partners. New Fortress is planning a USD 100 million initial public offering, though the details […]
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 […]