Market News - Page 244 of 337 - New Energy Events

Cuba plans to switch on 4.4 MW solar farm in March
February 14, 2018
In 2017, Cuba installed 32 MW of new solar PV bringing the current total is 65 MW, but in March the nunber will rise yet again, with the planned inauguration of a 4.4 MW solar farm. The solar project is nearly completed in the province of Sancti Spíritus. The project required an investment of 12 […]
Bahamas energy company forms strategic solar partnership
February 13, 2018
Global Energy Solutions last week signed a Memorandum of Understanding (MOU) for a clean energy technical partnership with Orlando-based Sybac Solar, a utility scale PV project developer. The Bahamian company was one of three first-round funding recipients from the Bahamas Striping Group’s investment arm, The Investment Group. The partnership with Sybac will provide Global Energy […]
Suriname announces LED streetlight program, to be funded with $30m CDB loan
February 13, 2018
Suriname will embark on a project to replace its existing high pressure sodium streetlights with high efficiency light-emitting diode (LED) systems. The replacement of the approximately 40,000 streetlights is expected to reduce energy consumption and costs as well as associated greenhouse gas emissions. The Caribbean Development BAnk (CDB) approved a $30m loan to fund the […]
Solar warehouse opens in Puerto Rico
February 13, 2018
After two decades in Puerto Rico, solar company altE is now operating a local warehouse in Puerto Rico in an effort to reduce the time to deliver solar equipment to island residents and solar installers from weeks to sometimes only hours. The warehouse facility on the island allows altE to handle the shipping logistics and […]
Progress for ocean thermal USVI pilot project
February 13, 2018
Ocean Thermal Energy Corp, or OTE, has finished the first draft of the master plan for a renewables-powered EcoVillage in the US Virgin Islands. Lancaster, Pennsylvania-based OTE designs and develops deep-water hydrothermal clean energy systems that generate renewable power through Ocean Thermal Energy Conversion (OTEC). The company has clearance to build an OTEC pilot project on […]
Panama building first large-scale residential solar installation
February 13, 2018
A joint project between Colombia energy company, Celsia, and Real Estate Group Provivienda will bring solar PV to 350 homes at La Hacienda, in Panamá Oeste, Panama. This residential complex, as a whole, will avoid the emission of 188 tons of carbon dioxide per year and will benefit from representative energy savings. Celsia and Grupo Provivienda will […]
Caribbean Renewable Energy: Five Projects We’re Watching in 2018

From our Editorial Team
February 1, 2018
St. Lucia solar project site, Image credit: Rocky Mountain Institute The market for renewables in the Caribbean is taking off. Why? Utilities are leading the charge, new pots of grant funding and low-cost capital are easing financial barriers, batteries are coming online to mitigate increased intermittency, and renewables are in many cases cheaper than the alternative. The […]
Teranov receives geothermal licenses for Saba and St. Eustatius
January 31, 2018
Preliminary surface investigations have already begun on Saba and St. Eustatius following the issuing of geothermal exploratory licenses to French developer, Teranov. These permits, exclusive to Teranov, authorize the developer to explore the geothermal resource over three years to qualify the resource for further development. Teranov will also have priority rights to develop the resource. […]
Ormat acquires Guatemala’s El Ceibillo geothermal project
January 29, 2018
U.S. Geothermal will be acquired by Ormat Technologies Inc., with the transaction expected to be finalized in Q2 2018. U.S. Geothermal has operating geothermal plants in the Western United States, and projects in the development phase in the same region, as well as the El Ceibillo project located near Guatemala City, Guatemala. This latest acquisition […]