Market News - Page 224 of 342 - New Energy Events

El Salvador to provide incentives for FDI in solar sector
October 15, 2018
El Salvador recently announced its aim to attract more investments, especially from India, in its renewable energy sector through a package of tax benefits and incentives. El Salvador Ambassador to India, Ariel Andrade Galindo, said “We are looking to collaborate in solar energy. India is becoming one of the largest countries with lots of expertise […]
Barbados gets access to millions in funding for climate finance
October 12, 2018
This week, Barbados signed an agreement with the Green Climate Fund which will allow the country to access significant grants for climate finance. The Readiness Grant agreement was signed by the Economic Affairs and Investment Minister Marsha Caddle in South Korea, on the sidelines of the fund’s Global National Designated Authority and Private Investment for Climate […]
SMA surpass 1GW of installed solar capacity in LAC region
October 12, 2018
German company SMA Solar Technology AG (SMA), global specialists in PV system technology, surpassed 1GW of installed solar capacity in Latin America, they announced in a press release this week. The company has contributed to solar energy projects across the region, including in Central America and the Caribbean. Notably, last year they supplied a system […]
Jamaica’s first utility-scale solar plant enters its third year of operations
October 12, 2018
Content Solar Ltd, Jamaica’s first utility-scale PV power plant, celebrated its two-year anniversary of commercial operation. The plant, which was built using climate-resilient technologies, produces more than 44GWh of clean electricity and powers 20 000 households annually. The $63 million project, developed by WRB Energy and owned by WRB Serra, will provide energy under a […]
Green light for second phase of solar project in Dominican Republic
October 11, 2018
The second phase of the Montecristi solar project, in the Guayabín region of Dominican Republic, has been approved by the country’s National Energy Commission. The project is let by German developer F&S Solar, and largely financed by the german fund Hamburger Blue Elephant Energy AG. With this new addition, the solar power plant will go […]
New energy plan proposal for Bermuda, focus on offshore wind farms
October 11, 2018
BE Solar has released its ‘Bermuda Better Energy Plan’ (BBEP), in response to the Regulatory Authority of Bermuda (RAB)’s call for consultation on a new Integrated Resource Plan (IRP). This proposal, which presents itself as a better alternative to the original IRP by electricity utility Belco, is one of eight IRP alternatives that have been […]
Progress on plans for Cayman Islands’ ocean energy plant
October 10, 2018
OTEC International LLC (OTI) is still in talks with the Cayman Islands Government about the development of an ocean thermal conversion plant. The project would be the first commercial operation of its kind in the world. This technology offers clean electricity generation, and is particularly suitable to the Caribbean region, with its tropical climate and […]
SIDS launch second phase of initiative to accelerate energy transformation
October 10, 2018
The leaders of several Small Island Developing States (SIDS) gathered with development partners for a High-Level Roundtable at the UN Headquarters to discuss new options and initiatives to accelerate energy transformation and strengthen cooperation on renewable energy. The Roundtable reviewed its Lighthouse Initiative, which “met its 2020 targets for installed capacity in renewable energy and […]
Caribbean should be “test-case” for climate-related technologies
October 9, 2018
Grenada’s Foreign Affair Minister, Mr. Peter David, called on Caribbean nations and Small Island Development States (SIDS) to lead the way in nationwide implementation of renewable and climate-related technologies. The Minister emphasised the role the region can play as a global centre and model for renewable energy and energy efficiency during a speech addressing the […]