Market News - Page 222 of 337 - New Energy Events

European Commission approves €40 million for Caribbean sustainable energy
September 26, 2018
The European Commission has just approved the budget for the 11th European Development Fund (EDF) Caribbean Regional Programme. The programme will focus on sustainable energy, marine biodiversity, and enhancing resilience to extreme recurrent natural events. This funding aims to promote environmentally sustainable economic development in the region and build a more unified resilient Caribbean. The […]
Barbados government committed to going green
September 26, 2018
The Barbados government showed further commitment to their goal of being a 100% green and carbon neutral island by 2030 by taking tangible steps to promote sustainable energy practices within the public sector, as announced by Wilfred Abrahams, Minister of Energy and Water Resources. The announcement was made at the installation of the first solar […]
Aruban beach resort named ‘world’s most sustainable’ is now carbon neutral
September 26, 2018
The Bucati & Tara resort was just certified carbon neutral, the first in the Caribbean to receive the distinction. The company reduced their greenhouse gas emissions, and offset remaining emissions with carbon credits through its Vader Piet wind farm. Other sustainable practices include offering reusable water canteens to guests, reducing food waste, and providing energy […]
Electricity rates under review in Bermuda
September 20, 2018
The Bermudan Regulatory Authority (BRA) will bring in changes to their method for calculating electricity rates after an initial public consultation. The BRA’s new proposal provides “cost-efficiency incentives alongside the traditional rate-of-return model, to promote affordable electricity prices to end users”, according to their official statement. The draft document has entered the public consultation phase. […]
Chile inaugurates largest renewable energy control room in the country
September 20, 2018
Enel Chile just opened a ‘Renewables Control Room’ in its corporate offices, which remotely controls all the company’s renewable energy centres, a total of 4.7 GW of installed energy generation capacity. It is the only centre of its kind to integrate four renewable energy technologies: wind, hydroelectric, solar and geothermal. The project, developed over 4 […]
Hotel in Costa Rica running on solar
September 20, 2018
The Hotel Westin Reserva Conchal, in Guanacaste, Costa Rica, now has the largest installation of solar energy for self-consumption in the North Pacific region of the country. Enertiva installed the solar system, made up of more than 1 382 solar panels, which has the capability to provide 463 kWp. This project was developed by the […]
International mission visits Dominican Republic’s first solar plant
September 20, 2018
Monte Plata Solar has been operating for 2 years as part of the national energy system, and with a nominal capacity of 30 MW, it supplies energy to 25,000 homes. The plant is also built to withstand the force of a Category 4 hurricane. The projec received its initial funding of $55 million from the […]
Strategic partnership update for solar and microgrids in Puerto Rico, USVI
September 20, 2018
EnerDynamic Hybrid Technologies Corp (EHT), CAT5 Solar and Microgrids (CAT5), and Danosa Caribbean Inc. (DCI) have formalised their joint venture agreement, and will distribute EHT panels and OutBack equipment in Puerto Rico and the US Virgin Islands. EHT is a company which delivers intelligent, bankable and sustainable products, with full integration of smart energy solutions. […]
OPIC keeps focus on expanding energy access in Latin America
September 20, 2018
The Overseas Private Investment Corporation (OPIC) approved $895 million to finance seven projects, including plans to expand access to energy, that will advance development in Africa, Asia and Latin America. OPIC is the U.S. Government’s development finance institution. Its current projects include the Northern Triangle, a project in Central America which aims to catalyse $1 […]