Market News - Page 266 of 337 - New Energy Events

Montserrat renewable energy project signals action by government and local utility
March 28, 2017
On Friday, March 24, the Government of Montserrat through the Ministry of Communications, Works and Labour (MCWL) and Montserrat Utilities Limited (MUL) released a Request for Qualifications for interested parties to qualify for the Engineering, Procurement and Construction for a 1 megawatt (MW) solar photovoltaic (PV) and battery storage project. The solar project is part […]
St. Kitts geothermal feasibility study proves geothermal, government to decide path forward
March 28, 2017
A feasibility study done by Teranov, a French engineering and services company for new and renewable energy based in Guadeloupe, has proven that there is potential in St. Kitts to develop at least 18 to 36 megawatts of geothermal power. Photo: (L-R) Joseph Williams; Dr. Devon Gardner; Dr. Vince Henderson; Hon. Ian Patches Liburd; Jacques […]
Chile: Successful efficiency policies to reduce capacity needs for next tender
March 27, 2017
Chile is set to reduce the amount of capacity on offer in its next major power tender and delay the start of power purchase agreements (PPAs) by a year, according to executive secretary of the National Energy Commission (CNE), Andres Romero. The CNE has yet to confirm these actions, but it has estimated that it […]
Jamaica: Energy efficiency program saves $131 million
March 27, 2017
Minister of Science, Energy and Technology, Dr. the Hon. Andrew Wheatley, says the Government has realised savings of some $131.5 million through the Energy Efficiency and Conservation Programme (EECP). “This is money that can be diverted to other areas, such as social and infrastructural development,” he said. He noted that the programme, being undertaken in […]
Bolivia: Japan to support Phase 2 of Laguna Colorada Geothermal construction with 61 billion yen loan
March 27, 2017
On March 24, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Government of Bolivia to provide a Japanese ODA loan of up to 61.485 billion yen for the Laguna Colorada Geothermal Power Plant Construction Project (Second Stage). The project will meet the growing power demand, contribute to diversification of the energy […]
Cayman’s first utility scale solar plant to be commissioned next month
March 24, 2017
A previously delayed 5 MW solar project in Cayman has resumed progress and construction will begin next week. The array, abutting Pease Bay Pond on a former vegetable farm, will begin producing 5 megawatts of electricity for the Caribbean Utilities Company by late April, completing a project delayed since October, and launching Cayman’s first industrial experiment […]
MOU to establish credit line for renewable energy projects in Mexico
March 23, 2017
A new agreement signed by the Nacional Financiera (Nafin) and the European Investment Bank (EIB) could ease financing for renewable energy projects in Mexico. The Memorandum of Understanding (MOU) signed on Tuesday will enable the two organizations to cooperate on issues related to sustainable development in Mexico, including green financing. More specifically, the institutions could […]
Dominican Republic inaugurates 1MW solar facility at airport
March 23, 2017
President Danilo Medina inaugurated a 1MW solar PV plant at a facility at the Las Américas International Airport last week. It is the second PV plant at an airport in the country. The other project, in operation since 2013, is a 1.5 MW PV plant at Cibao Airport. The solar plant was installed at the […]
Grenada receives grant for geothermal development
March 23, 2017
The Board of Directors of the Caribbean Development Bank (CDB) has approved a grant of US $231,630 to the Government of Grenada to build its capacity for planning and implementation of its geothermal energy development roadmap. The resources are from the Global Environment Facility through the Inter-American Development Bank’s Sustainable Energy Facility for the Eastern […]