Market News - Page 228 of 349 - New Energy Events

65MW geothermal project in Nicaragua is on track and close to its nameplate capacity
November 8, 2018
In its third quarter results, Polaris infrastructure highlighted the success of its geothermal project, the San Jacinto-Tizate Power Plant in Nicaragua. Polaris Infrastructure, a Toronto-based company, is engaged in the operation, acquisition and development of renewable energy projects in Latin America. The power plant saw a 14% revenue increase from last year, and generation of […]
Barbados government to implement more incentives for electric and green vehicles
November 8, 2018
With over 30% of Barbados’ total energy use utilised by the transportation sector, the Minister of Energy and Water Resources, Mr. Wilfred Abrahams, sees it as a critical sector to develop to successfully reach the country’s 2030 goal of 100% renewable energy. Mr. Abrahams announced his ministry was developing a hybrid/ electric bus programme, and […]
2.35 MW of Solar PV projects start construction under UAE-Caribbean Renewables Fund
November 7, 2018
Solar PV plant projects in the Bahamas, Barbados, and Saint Vincent and the Grenadines have start construction with funding provided by the UAE-Caribbean Renewable Energy Fund. The USD 50 million fund was set up in January, and is expected to support renewable energy projects in more than sixteen countries in the Caribbean, over the next […]
St. Kitts and Nevis reviewing renewable energy projects for potential implementation in 2019
November 6, 2018
The Minister of Utilities of St. Kitts and Nevis, Hon. Ian Liburd, announced the steps his government would be taking to provide the islands with clean energy. In his address to the nation, the Minister used the inauguration of the Caribbean Community Energy Month as an opportunity to emphasise the benefits of clean energy. “As […]
EU-Mexico geothermal research project shows progress in recent update report
November 6, 2018
An extensive update on the GEMex project was recently published. The report shows positive progress, going into detail into the main results of the geothermal energy research initiative since 2016. The GEMex project is a cooperation initiative between Mexico and the European Union which aims to share research, on-the-ground knowledge and technical expertise on geothermal […]
Barbados’ Minister emphasises importance of education in developing green energy innovation
November 5, 2018
Barbados’ Minister of Energy and Water Resources Wilfred Abrahams addressed attendees of the Sixth international Conference on Higher Education and emphasised the importance of utilising graduates’ skills to help Barbados’ reach its goal of 100% renewable energy by 2030. The role of education, he noted, is essential in developing a culture of practical research and […]
CDB will supply funding for energy project in Dominica
November 5, 2018
The Caribbean Development Bank (CDB) announced it would be supporting Dominica in its aim to reduce energy costs and incorporate renewable energy and efficiency solutions in the country’s public sector. The programme’s first step will include conducting energy audits on public buildings and facilities. The long-term goal is to provide blended resources to address energy […]
OPIC will supply loan for Honduran 35MW geothermal power plant
November 2, 2018
The 35MW Platanares geothermal plant development in Honduras will move forward with financing from the Overseas Private Investment Corporation (OPIC). OPIC, the U.S. government’s development finance institution, will be the sole lender. Ormat Technologies Inc. announced its subsidiary had completed the financial closing of the project. “OPIC’s longstanding partnership with Ormat is helping bring needed […]
Solar PV/ Battery hybrid power plant in Barbuda to receive funding from New Zealand
November 2, 2018
A renewable energy power plant in Barbuda will receive funding from the New Zealand government with the wider aim of supporting the re-development of the island. New Zealand Ambassador Anton Ojala announced that Auckland would provide half a million USD for the UAE Power Station and Solar PV/ Battery Hybrid Plant in Cardington after meeting […]