Market News - Page 224 of 343 - New Energy Events

Two bids handed in for geothermal project in Bolivia
October 23, 2018
Two bids have been received for the initial 5 MW development of the planned 100MW geothermal power plant at Bolivia’s Laguna Colorada. These bids are from two international consortia, Italian Exergy in cooperation with French EPC contractor Clemessy, and Spanish construction group Sacyr with Ormat Technologies. The geothermal project will generate electricity and be connected […]
Cuba to install first solar PV park with foreign investment
October 23, 2018
Mariel Solar S.A. will be starting installation of a 102 GWh per year solar park, Cuba’s first PV installation with 100% foreign capital. The park will be located in the Special Development Zone of Mariel, a commercial hub and port west of La Habana. It will comprise of over 300 000 panels on a zone […]
PPA and new shareholder agreement for St. Vincent geothermal project
October 23, 2018
Prime Minister Dr. Ralph Gonsalves announced that the Power Purchase Agreement (PPA) for St. Vincent’s geothermal project will be signed shortly. The agreement is between St. Vincent Electricity Services Limited, and Emera Inc. and Reykjavik Geothermal. An adapted shareholders agreement will also be signed, by which the government’s shareholding will increase to 49%, with 51% […]
Costa Rican green urban development project starts construction on renewable energy systems
October 22, 2018
Cuestamoras Urbanismo’s latest project ‘OXÍGENO Human Playground’, a 125,000 m2 recreational and commercial area with more than 15,000 m2 of green areas for public enjoyment, will include renewable energy installations for self-consumption. Enertiva, a key player in the solar energy sector in the Central American region, has started construction on a 1.1 MW solar energy […]
Need for climate finance in Caribbean region emphasised at UNEP meeting
October 19, 2018
Climate finance and access to climate funds is key for climate adaptation and resilience in the Caribbean region, said representatives at UNEP’s XXI Forum of Ministers of Environment of Latin America and the Caribbean 2018. Issues of food security, emergency preparedness, resilient infrastructure and threats to the islands’ tourism economies were discussed in Buenos Aires. […]
Puerto Rico issues energy storage RFPs to shortlisted firms
October 19, 2018
Puerto Rico’s Public-Private Partnerships Authority (P3) issued a request for proposals (RFP) from pre-selected firms AES Puerto Rico, LP and Fluence Energy LLV, PowerSecure Inc. and Tesla Inc. The RFP calls for complete proposals for energy storage systems development and installation throughout Prepa’s critical substations. These project proposals must be specific, and include detailed plans […]
Bill pushes for Puerto Rico to have 100% renewable energy by 2050
October 18, 2018
Puerto Rico Senate Vice President Larry Seilhamer and Minority Leader Eduardo Bhatia introduced a bill to the U.S. Senate which proposes a regulatory framework and energy policy to transform Puerto Rico’s energy sector and strengthen the island’s resilience. The bill would end Puerto Rico Electric Power (Prepa)’s monopoly, and allow “a robust, accessible and efficient […]
Geothermal and digital interconnection hub project for Eastern Caribbean
October 18, 2018
Representatives from the Caribbean islands of St. Kitts and Nevis, Anguilla, Saint-Barthélemy, Dutch St. Maarten and Saba were received by the President of the Collectivité of St. Martin to discuss the region’s potential for geothermal energy, and the need for an inter-island digital network. The aim of the meeting was to establish concrete steps to […]
Jamaica announces goal for 50% renewable energy by 2030
October 17, 2018
Jamaican Prime Minister Andrew Holness announced yesterday his goal to reach 50% renewables by 2030, increasing Jamaica’s commitment to clean and sustainable energies. “I have directed the government to increase our target from 30% to 50%”, the Prime Minister said, “and our energy company is totally in agreement. So I believe that by 2030, Jamaica […]