Market News - Page 236 of 342 - New Energy Events

EU to provide US$105m to the Green Fund of Central America
July 11, 2018
The European Union and other international organisations have committed US$105m for the Green Fund for the Central American Economic Integration System (SICA). The objective of the fund is to help promote the development of renewables and resilience projects and programs in the region. SICA will use this investment to promote projects and public policies that […]
4.4 MW solar project in Cuba to start operations shortly
July 11, 2018
The Cuban solar park Parada 2 – the biggest in the region – is expected to begin energy delivery tests by the end of this month. Parada 2, a 4.4 MW solar farm with 17,600 solar panels, is located in Puerto Padre, north of the city of Las Tunas. This will be the second solar […]
European Union commits 18m EUR to Cuba’s the renewables sector
July 10, 2018
The cooperation between the European Union and Cuba has become more important due to their common interest in fighting climate change. An example of this is the recent agreement signed by both entities, which has the objective of supporting and financing energy policies in Cuba. This 18m EUR agreement – signed on the 15th of […]
Renewable industry key in attracting foreign investment for El Salvador
July 10, 2018
The Economic Commission for Latin America reported that the Foreign Direct Investment in El Salvador is US$792m, representing approximately twice the amount of the last years. This new record in foreign investments has been mainly due to the manufacturing industry which attracted US$414m, but also by the electric sector specifically the renewables which attracted a […]
El Salvador proposes economic investment area for renewables sector
July 10, 2018
The federal government of El Salvador presented the initiative “Free Zones” to Congress earlier this week. The initiative aims to promote investment and increase job creation. The government believes that a Free Zones area can serve as an incentive to attract investment and innovation as it will offer exemptions from income tax, tariffs and municipal […]
Puerto Rico’s governor bets on microgrids for island
July 10, 2018
“We want microgrids everywhere” said the governor of Puerto Rico, Ricardo Rosselló. This, he stated, will be part of the Energy 2.0 plan which will allow citizens to choose whether they want to be connected to the grid or not. The Energy Plan 2.0 comes as an initiative to help modernize the island’s electrical grid […]
Costa Rica is now a member of IRENA
July 6, 2018
Costa Rica is officially a member of the International Agency of Renewable Energy (IRENA). This organization, with a membership of 158 countries, is a non-governmental agency based in Abu Dhabi with an objective to create an international network and build strong cooperation with nations that are developing renewable energy. IRENA also provides guidance and […]
Geothermal plant in Nicaragua reached record-level power generation
July 6, 2018
Polaris Infrastructure, a Canadian company involved in operations, acquisitions and development of renewable energy projects in Latin America, provided an update on the operations of the geothermal plant in San Jacinto, Nicaragua. The company stated that the geothermal plant reached a record-level power generation of 139,000 MwH or approximately 63.5 MW, which was achieved […]
New research center in Cuba will help promote renewable energy
July 6, 2018
A new research centre will be built in Las Tunas, Cuba to promote research, technology development, and build capacity for the renewable energy industry of the country. The main objective of this research center – which will be part of the Centre of Studies of Energy Efficiency and Technological Progress – is to […]