Market News - Page 262 of 337 - New Energy Events

Japans Orix invests in geothermal company Ormat
May 8, 2017
Japanese leasing company Orix decided Thursday to invest about $627 million in an American geothermal technology company, aiming to bring the technology to Asia to tap what it expects to be a growing market. Orix will take a 22.1% stake as early as July in Nevada-based Ormat Technologies, which designs, builds and sells geothermal power […]
Commissioning of solar farm and Tesla partnership for Mexico
May 8, 2017
The Mexican solar industry is heating up with news of a solar company opening an office and the commissioning of an 8MW solar farm and news of an exciting new partnership with Tesla. US solar tracking company Array Technologies Inc is marking its expansion into Latin America opening an office in Mexico City, Mexico. The […]
El Salvador adds 101 MW of PV to energy mix
May 8, 2017
French independent power producer Neoen has announced that its 101 Providencia Solar PV power project in El Salvador is now operational. The plant, which is the largest PV installation in the Central American nation, consists of the 76 MW Antares facility, which was selected in a recent energy auction, and the 25 MW Spica section, […]
Are Cayman’s renewable energy goals attainable? Q&A with Hon. Kurt Tibbetts

From our Editorial Team
May 5, 2017
New Energy Events spoke with Hon. Kurt Tibbetts, Minister of Planning, Agriculture, Housing and Infrastructure, and asked him whether he thought the target of 70% renewables in 20 years as outlined in the Cayman Islands National Energy Policy was realistic – and whether the utility, CUC, was onboard. The Cayman Islands National Energy Policy specifies […]
Puerto Rico debuts largest operational solar plant in Caribbean
May 2, 2017
The Caribbean’s biggest operational solar plant has opened in Puerto Rico. The Oriana Solar Park has debuted in the area of Isabela, with an estimated production of 100,000 megawatt-hours of energy in its first year of operations. “The Oriana Solar Park is the example of the future of power generation in Puerto Rico, one that […]
Mexico’s third auction in November
May 2, 2017
Mexico’s energy ministry has announced that the next renewable energy auction will be held in November. In this auction, which is the third of this kind to be conducted in Mexico, selected projects will be entitled to sell power to more entities, and not only to the local utility Comisión Federal de la Electricidad (CFE), […]
Jamaica sets sights on $300m renewable energy investments
April 28, 2017
Daryl Vaz, Jamaica’s Minister of Economic Growth and Job Creation, announced that the government is targeting more than JM$ 38 billion ($300 million) in investments from additional renewable energy projects. The minister stated that Jamaica’s energy system still heavily depends on oil, “while it has become clear that the world is transitioning to a low-emission […]
Haiti’s Clean Energy Transition: The Time Has Come
April 27, 2017
Recovering from successive natural disasters, Haiti vowed to rebuild a greener, stronger, more resilient and sustainable energy sector. This implies a drastic transition of the country’s energy mix, currently relying on oil products for grid connected and autonomous power generation. The ultimate outcome will be increased access to clean, modern and reliable energy services for […]
Construction begins at Cuba’s Ciro Redondo biomass plant
April 27, 2017
A ground-breaking ceremony at Ciro Redondo sugar mill today will herald the start of construction on one of four planned biomass power plants which will add 300 megawatts to the country’s power grid. Generating electricity partly from residues of its sugar crop, the £500million scheme is seen as vital to reducing Cuba’s reliance on oil imports […]