Market News - Page 244 of 349 - New Energy Events

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 […]
Costa Rica is now a member of IRENA
July 6, 2018
Costa Rica is officially a member of the International Agency of Renewable Energy (IRENA). This organization, with a membership of 158 countries, is a non-governmental agency based in Abu Dhabi with an objective to create an international network and build strong cooperation with nations that are developing renewable energy. IRENA also provides guidance and […]
Geothermal plant in Nicaragua reached record-level power generation
July 6, 2018
Polaris Infrastructure, a Canadian company involved in operations, acquisitions and development of renewable energy projects in Latin America, provided an update on the operations of the geothermal plant in San Jacinto, Nicaragua. The company stated that the geothermal plant reached a record-level power generation of 139,000 MwH or approximately 63.5 MW, which was achieved […]
New research center in Cuba will help promote renewable energy
July 6, 2018
A new research centre will be built in Las Tunas, Cuba to promote research, technology development, and build capacity for the renewable energy industry of the country. The main objective of this research center – which will be part of the Centre of Studies of Energy Efficiency and Technological Progress – is to […]
Progress continues for 100 MW Cuban wind park
July 5, 2018
The Cuban city of Las Tunas will be home for Herradura 1 and Herradura 2, a vast wind complex, expected to begin construction in July. Chinese suppliers are providing cranes, drilling and excavating equipment and construction is finally ready to start later this week. Omilton Rodriguez Rivas, Director of Investments for the Electric Company of […]
China and Dominican Republic explore investment opportunities
July 5, 2018
China and the Dominican Republic have strengthened their diplomatic relationship and identified opportunities for cooperation between the two nations. Specifically, China is interested in the infrastructure, transportation, electrical distribution and the renewable industries of the island. An official delegation from the Dominican Republic met with the Vice President of the International Development department, Deng Boqing, […]
Canadian company forms JV with Chilean renewables firm
July 5, 2018
The Canadian company Innergex, has announced a joint venture partnership with the Chilean company Energia Llaima for 50% ownership of the company. Energia Llaima is a growing renewable firm located in the capital of Chile, Santiago. Energia Llaima owns interest in the 12MW Energía Coyanco hydro project and in the 34 MW solar thermal facility […]