Market News - Page 251 of 337 - New Energy Events

Anguilla will expand and rebuild air and sea ports
October 4, 2017
Anguilla was decimated by Hurricane Irma, but plans to rebuild better are already in the works. While phone, internet, and electricity are being restored to the island, travel ports are getting an upgrade. The chief minister of Anguilla, Victor Banks, announced that plans are in place for the expansion of Anguilla’s Clayton J. Lloyd International […]
The Caribbean Post-Irma and Maria: Relief, Reconstruction – and Resilience

From our Editorial Team
September 29, 2017
A complete picture of the Caribbean post-Irma and Maria is still yet to emerge. Some islands are still engaged in what looks a lot like battlefield triage. As we await the final reckoning, it is no exaggeration to say that some islands, including Puerto Rico, Dominica and Barbuda, have been decimated. Insured losses for Maria […]
Chile’s Colbun SA wins bid to build largest wind farm in Latin America
September 28, 2017
Following a global bidding process, the Chilean government reported that Chilean based Colbun SA was awarded the rights to build the largest wind farm in Latin America, requiring an investment of nearly $1 billion. The Ministry of National Assets opened bidding for some 8,000 hectares (19,768 acres) of federal lands in the northern region of […]
First geothermal plant in Honduras begins commercial operation
September 28, 2017
Honduras joins its neighbors as a geothermal producing country: just this week Ormat Technologies announced its 35 MW Platanares geothermal project has commenced commercial operation. Platanares will sell power under a 30 year PPA with national utility, ENEE, and is expected to generate yearly revenues of $33million on average. Ormat has a Build, Operate, and […]
Colombia to get its first floating solar PV plant
September 28, 2017
Energy and infrastructure developer Innova Capital Partners and French floating PV specialist Ciel & Terre (C&T) will jointly develop floating solar plants in Colombia. Innova subsidiary Innova Solar Colombia (ISC) will act as developer and investor while C&T will provide its floating PV technology and technical expertise for any projects. Colombia contains a large number of […]
Guatemala’s El Ceibillo geothermal project awarded grant
September 28, 2017
U.S. Geothermal Guatemala S.A., a wholly owned subsidiary of U.S. Geothermal, Inc., has been awarded a $825,319 grant from the U. S. Trade and Development Agency (USTDA, https://www.ustda.gov/). The grant provides funding for a feasibility study on the El Ceibillo Geothermal Power Plant Project, which will be led by POWER Engineers, Incorporated, headquartered in Hailey, Idaho. […]
Solar PV and microgrids post-Irma: Some survive, others sustain damage
September 28, 2017
Antigua at 50km from the eye of the storm saw sustained winds at time exceeding 275 km/hour. The solar power system on Antiguga – designed and installed by PV Energy – survived hurricane Irma without damages or substantial system failures. Designed to withstand hurricanes of up to the category 4, each of the 55 solar power […]
Nevis geothermal project to begin drilling phase in early October
September 26, 2017
Nevis Renewable Energy International (NREI) geothermal developers are preparing for the commencement of the project’s first phase. In a Sept 12th interview, local NREI representative – McLevon “Mackie” Tross, said the drilling phase will begin in the first week of October, with production well drilling planned for early 2018. “We expect the equipment to be arriving […]
Chinese company wins bid for Cuba’s 3.9 MW solar project
September 26, 2017
Cuba has ambitious solar plans to install upwards of 700 MW of solar PV, and China is once again playing a part in that growth. Risen Energy, a Chinese based solar energy module manufacturer, has won the contract for a 3.9MW solar project in Cuba. It was reported earlier this year that a Chinese contractor […]