Market News - Page 270 of 357 - New Energy Events

CDB technical assistance grant to kickstart grid modernization and energy storage
October 25, 2017
The Board of Directors of the Caribbean Development Bank (CDB) has approved a US$350,000 grant to assist utilities and relevant stakeholders across the region to develop, plan and design energy storage and grid modernisation solutions, which could accelerate the Caribbean’s shift to clean energy. The technical assistance, provided through the Canadian Support to the Energy Sector […]
Caribbean Development Bank receives EU funds to bolster geothermal industry
October 25, 2017
The Caribbean geothermal market has received an injection of EUR 12 million (14.1 million USD) from the European Union Caribbean Investment Facility (EU-CIF) to support geothermal exploration in the Eastern Caribbean. The EU-CIF will provide the EUR 12 million in grant funding to the Caribbean Development Bank via the GeoSmart Initiative. The GeoSmart Initiative was developed […]
Argentina renewables tender oversubscribed
October 25, 2017
Argentina’s ambitious project to secure 20% of its electricity from renewables continues to attract the attention of developers. In a recent auction for 550 MW, the country’s energy and mines ministry received bids for 3.8GW of wind capacity and more than 5GW of solar PV projects. The 228 offers, which are subject to a ceiling […]
Haiti in discussions with Canada to build micro-hydro
October 25, 2017
Haiti is in discussions with a Canadian utility to build micro-hydroelectric plants across its energy starved communities. In the margins of the Caribbean Renewable Energy Forum (CREF 2017), the energy technology advisor to Haiti’s President Moïse, Evenson Calixte, met with a representative of Hydro Québec International to explore the possibility of obtaining technical assistance for the […]
El Salvador announces upcoming renewables auction
October 25, 2017
El Salvador’s energy regulator, Consejo Nacional de Energía (CNE), is expected to hold an auction for for solar and biogas power by January. The announcement came via CNE’s twitter account, which gave a preview of the auction to be expected in the coming months. Luis Reyes, executive secretary of the CNE, noted that details are […]
CREF 2017 Project Award Winners Announced!
October 19, 2017
The Caribbean Renewable Energy Forum (CREF), the largest annual gathering of the Caribbean renewable energy market, today announced seven projects as recipients of its first annual CREF Project Awards. The awards represent a wide spectrum of size and technologies and are given to some of the most innovative and financially compelling renewable energy projects in the region. […]
St. Kitts geothermal project to accelerate with French government support
October 11, 2017
It seems the St. Kitts geothermal project, recently identified as having a potential for 18-36 MW, will be put on the fast track to development. In a bilateral meeting with St. Kitts officials, the French Ambassador to St. Kitts and Nevis, Phillipe Ardanaz said: “[Hurricane] Irma has triggered some decision in Paris to move forward […]
Jamaica receives US grant for offshore wind development
October 11, 2017
The U.S. Trade and Development Agency (USTDA) has awarded a grant to the Petroleum Corp. of Jamaica (PCJ) to support the development of an offshore wind farm in the country. Keystone Engineering Inc. (KEI), a Louisiana-based energy firm, will conduct a feasibility study to explore the viability for offshore wind in Jamaica. KEI designed the first offshore […]
Mexico receives new proposals for 754.7 MW of solar
October 9, 2017
Developers have submitted proposals to Mexico’s Secretariat of Environment and Natural Resources (Semarnat) to build 754.7 MW of large-scale solar capacity at six locations, less than a month after several companies applied for permission to develop 843.6 MW. The number of PV projects submitted for approval to the Mexican authorities has increased considerably over the […]