Market News - Page 239 of 349 - New Energy Events

Research Station in Costa Rica the first to become 100% renewable
August 7, 2018
The Research Biological Station, La Selva, located in Costa Rica, is set the become the first research station in Latin America to operate on 100 percent solar energy. Enertiva, a local solar company, will expand the station capacity from 184 to 310 solar panels. Energy consumption represents 25% of the station’s operating costs, so this […]
Taiwan to assist in building Haiti’s electricity grid
August 7, 2018
Taiwan will help Haiti build an electricity grid in Port-au-Prince. The project will strengthen its infrastructure development and secure diplomatic ties between the two nations. The project seeks to upgrade: (1) the existing electrical substations, (2) the electricity distribution networks and (3) the transmission towers. It also seeks to train local people on maintenance of […]
China’s Belt and Road Initiative could boost Caribbean infrastructure projects
August 7, 2018
Recently, China’s Belt and Road initiative – often described as a 21st century silk road – has made its entry into Latin America and the Caribbean. During the second China-CELAC ministerial forum, the two entities signed a special declaration on the belt and road, which led to four LAC countries signing Belt and Road Cooperation […]
LUCELEC welcomes hotel-generated renewables, decision lies with regulator
August 7, 2018
St. Lucia Electricity Services Limited (LUCELEC) and the St. Lucia Hotel and Tourism Association (SLHTA) are in agreement that hotels on the island could generate up to 20% of their electricity needs from their own renewable energy systems. Removing the current 25kW generating cap for systems could help the island in its transition to renewable […]
IDB $20m credit line for El Salvador will ease financing for sustainable energy
August 7, 2018
The Inter-American Development Bank (IDB) is set to loan US$ 20m to El Salvador to enable investment in renewables and energy efficiency for small and medium enterprises (SMEs). The loan program will be complemented by a non-reimbursable technical cooperation of US $ 1.7 million aimed at developing energy savings measurements and financial risk transfer instruments […]
IRENA wants a clean energy corridor in Central America
August 3, 2018
The International Renewable Agency (IRENA) is promoting the creation of a clean energy corridor (CECCA) in Central America, which could promote cross-border trade of renewable energy in the region and could potentially increase the use and infrastructure of clean resources. To properly execute this, IRENA has been focusing its research on addressing issues related to […]
Barbados to explore offshore renewable energy
August 3, 2018
Barbados has received funding from the Inter-American Development Bank (IDB) and the European Union (EU) for renewable energy projects. The Government of Barbados will use the funds to explore offshore projects, focusing on ocean thermal energy, fixed offshore wind, and floating offshore wind projects. The island’s Public Sector Smart Energy Program has called for studies […]
51 MW solar plant in Jamaica announces construction partners
August 3, 2018
A consortium of two experienced companies, Schneider Electric and Eiffage Energía, were selected for the construction and development of the 51 MW solar plant, Paradise Park, in Jamaica. The project developers, Neoen, MPC Caribbean, and Rekmaniar Frontier Ventures, won the tender with the lowest bid for solar power in the Caribbean at 8.5 cents/kWh. For […]
10 MW solar plant completed in El Salvador
August 3, 2018
AES, the Salvadorian subsidiary of the American electric company AES Corporation, has announced the connection of a 10 MW solar plant, La Unión, to El Salvador’s electric grid. This represents the first of three stages of the Bósforo project which aims to connect 100 MW of solar power to the country’s national grid. La Unión […]