Market News - Page 237 of 343 - New Energy Events

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 […]
Dominican Republic to tender concessions for large-scale renewables projects
July 12, 2018
Officials from the Ministry of Energy, the National Commission of Electricity (CNE) and the Corporation of the Corporation of State Electric Companies (CDEEE) in Dominican Republic, have announced a new tender process which will grant licenses for the development of large-scale wind and solar projects. The tender will apply to all those projects which are […]
Eastern Caribbean government buildings to get solar
July 11, 2018
The Organization of Eastern Caribbean States (OECS) has signed a Memorandum of Understanding with the association Solar Head of State to adopt solar rooftops for key government buildings across the region. Last week in Jamaica, the two entities met to develop a regional strategy for photovoltaic power systems at government facilities for all members of […]
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 […]