Market News - Page 242 of 349 - New Energy Events

Nevis will focus on geothermal energy only for its renewables
July 23, 2018
In pursuit of a sustainable energy program the federal government, will concentrate its efforts in geothermal energy, and therefore will not be actively pursuing other forms of renewable energy. The Hon. Mark Brantley, premier of Nevis and the Minister of Energy, stated that geothermal developers believe that the island has enough resources to satisfy the […]
Costa Rica on the road to become 100% renewable
July 23, 2018
Costa Rica has generated 95% of its electricity from renewable sources over the last four years using rivers, volcanos, wind and solar power. Moreover, the country is ready to phase out of the use of fossil fuels altogether, as the country has spent 1,197 days over the last few years, using renewable energy exclusively. Most […]
EIB to back renewables projects in Jamaica
July 23, 2018
The European Investment Bank (EIB) has approved more than EUR €3.4 billion in financing for clean energy projects around the world. The funds will be used mainly to support renewable energy, energy efficiency and hydropower plant projects. Specifically, part of the financing will be used to promote projects which aim to help Jamaica power […]
Ocean Thermal Energy company headed to US Virgin Islands
July 23, 2018
Ocean Thermal Energy Corporation, a project developer using ocean thermal energy conversion, has announced that a team from the organization will be in the US Virgin Islands this week to advance a planning process. The corporation will meet with local stakeholders and professional advisors of the island to discuss the process. Jeremy P. Feakins, Chairman […]
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 – […]