Market News - Page 230 of 337 - New Energy Events

AES forecasts investments of US $10m in solar projects for El Salvador
July 23, 2018
An extra 12 MW of solar energy will be installed in El Salvador by the end of 2019, according to AES Soluciones. This comes as a part of a government effort to renovate the national electric grid of the country, to make it more efficient and reliable and promote the use of renewable sources for […]
El Salvador advances tender for renewable projects
July 23, 2018
The government of El Salvador released details of a new 28 MW tender. The tender will promote solar and biomass energy and will accept bids of up to 2 MW. The country is expecting the tender to bring 20 MW in solar energy projects and 8 MW in biogas. The winners of the tender will […]
Japan donates three hydroelectrical stations to El Salvador
July 16, 2018
Last week the government of Japan donated three hydroelectrical stations, each with an estimated value of US$560,000, to three universities in the country: Universidad de El Salvador, Universidad Centroamerciana and to the Universidad Don Busco. The donation is meant to serve as a tool and provide expertise to local university students. Japan has estimated that […]
Barbados utility CEO sees renewables as hedge against energy price volatility
July 16, 2018
Using more renewable sources in the total energy mix can be the best way to avoid volatility in electricity prices said Roger Blackman CEO of Barbados Light and Power. Price spikes and drops are caused primarily by the change in the price of oil, the fuel which most Caribbean islands rely on for energy. Barbados […]
Private company in Guatemala turn to solar
July 16, 2018
Laboratories Farkot, a pharmaceutical company in Guatemala, has installed 377 solar panels in their production plant. The solar local company Enertiva, which will oversee the project, is expected to provide a total of 120 KW for the company. This project is expected to save US$ 20,000 yearly – 35% of the total electrical costs – […]
$12M donation for Costa Rica’s renewables projects
July 16, 2018
The International Fund for the Environment (GEF) has announced a $US12m donation to Costa Rica, which will aim to support the further development and implementation of green policies and projects over the next four years. This donation represents an increase in US$ 4m from last year’s donation. The resources will be used primarily to strengthen […]
Geothermal resource potential discovered in the north of Mexico
July 16, 2018
Off the coast of Los Cabos, scientists have discovered a site with high geothermal energy potential which could meet the electricity needs of both Cabo San Lucas and San José del Cabo. This discovery, made by scientists of the National Autonomous University (UNAM), consists of deep-sea deposits which contain hydrothermal vents off the southern coast […]
Bolivia reaffirms commitment to export 7,000 MW to Brazil
July 12, 2018
The Minister of Energy of Bolivia, Rafael Alarcón, closed the 5th Forum of Electricity and Energy between Brazil and Bolivia. The forum, created through an agreement signed with the Inter-Development Bank, is held to promote energy integration between the two nations. “The forum served as an opportunity for the government of Bolivia to offer to […]
Mexico to see 750 MW of new geothermal energy by 2029
July 12, 2018
The Mexican Energy Ministry has issued 24 new exploration permits and six production permits for the development of geothermal energy projects. The production permits have been assigned to the 570 MW Cerro Prieto plant, which provides 40% of the electricity of Baja California, 10 MW Tres Virgenes also in Baja California, 225 MW Los Azufres […]