Market News - Page 238 of 337 - New Energy Events

Bahamas considers proposal for 15 MW biomass plant
May 31, 2018
Bahamas Power & Light (BPL) has received a proposal from a Bahamian-led consortium to develop a $40-50m biomass power plant in North Andros. This cross-sectoral effort would meet energy and agricultural needs in the region, in a partnership with the Bahamas Agriculture and Marine Science Institute (BAMSI). BAMSI has plans to clear land to renew […]
Costa Rica to receive $500m loan for Borinquen geothermal project
May 24, 2018
In mid-May the Legislative Assembly of Costa Rica approved a piece of legislation authorizing an agreement of a line of credit for $ 500 million to the Costa Rican Electricity Institute (ICE) from the Inter-American Development Bank (IDB) ). The line of credit provides ICE with money to finance geothermal energy programs. It also includes resources […]
South Korea delegation explores hydroelectricity in Nicaragua
May 24, 2018
The Nicaraguan government is currently promoting investment projects in renewable energy with businessmen from South Korea. Upon completion of feasibility studies for large hydroelectric projects, Korean funds and multilateral funds will finance their construction and operation. The deputy director of the Ministry of Land, Infrastructure, and Transport, Ji Woo Kim, led the delegation, praising Nicaragua […]
El Salvador’s 100 MW solar PV project begins Phase 1 operations
May 24, 2018
El Salvador’s solar industry is growing, with the first 10 MW of ten solar PV plants inaugurated this week. When completed, the Bosphorus project will have 10 solar PV projects generating a total of 100 MW. AES El Salvador, the Salvadoran subsidiary of US power company AES Corporation, and the Guatemalan Corporación Multi Inversiones (CMI) are […]
Puerto Rico issues microgrid rules, gives PREPA 120 days to establish interconnection rules
May 23, 2018
Puerto Rico regulators take important steps to lay the groundwork for developing a microgrid industry as they issued final microgrid rules just five months after draft rules were released. The Puerto Rico Energy Commission issued the rules (CEPR-MI-2018-0001), ordering the utility PREPA to establish interconnection rules in 120 days. Until these rules are in place, only […]
Costa Rica looks to waste gasification to achieve sustainability goals
May 23, 2018
On its path to environmental sustainability, Costa Rica is now setting out to to solve its waste management problem. Total Waste Energy Solutions (T.E.W.S) has submitted a proposal to build the largest waste-to-energy gasification plant in Latin America. It will be unique in Latin America as the only solid waste energy park, which will include […]
$2.1m investments in energy efficiency will see $41m annual savings for Jamaica
May 23, 2018
A joint investment between the Petroleum Corporation of Jamaica (PCJ) and the Global Environment Facility (GEF) Trust Fund will drive energy-efficient and renewable energy developments in six local healthcare facilities, totalling US$2.1 million. The hospitals and rehabilitation centre will install solar water heaters and energy efficiency technology to reduce energy demand by over 1.3 million […]
Dominican Republic hotel bounces back after hurricanes, receives sustainability award
May 17, 2018
CHIC by Royalton Punta Cana was recently recertified by Green Globe for the third consecutive year receiving an outstanding compliance score of 92%. Green Globe is the worldwide sustainability system based on internationally accepted criteria for sustainable operation and management of travel and tourism businesses. After two back to back hurricanes caused widespread damage in the […]
Cuba and EU to sign $21.5m renewable energy deal
May 17, 2018
The EU and Cuba are to sign a renewable energy deal this week, in which the EU will provide $21.5m (18m Euro) in support of Cuba’s renewable energy sector. EU diplomatic chief Federica Mogherini has condemned the US economic blockade of the communist island as “obsolete” and “illegal”, but under Trump the US has rolled […]