Market News - Page 271 of 337 - New Energy Events

Cuba: Seven Reasons to Watch Energy Sector in Post-Fidel and Trump Era
February 15, 2017
In 2014, the Cuban government announced plans to generate 24 percent of the country’s electricity from renewable sources by 2030, with an installed capacity of up to 2GW. It was an ambitious goal — and in order to achieve it, Cuba would need capital investments of approximately US$3.5 billion. The government’s designation of technology-specific targets […]
Dominica contributes $16m towards geothermal project
February 15, 2017
Dominica’s race to geothermal is speeding up with the latest injection of US$16m/EC$45m towards the project, as announced by the Hon Prime Minister and Minister for Finance, Dr. Roosevelt Skerrit, speaking at a private sector forum at the Fort Young Hotel last Friday. Already having committed $15m, and with contributions expected from other financial institutions, […]
Argentina: financing RenovAR
February 15, 2017
Reposted from National Law Review. 2017 will be a year of truth for Argentina’s ambitious renewable energy program (“RenovAR”), which launched in 2015 and set a mandatory renewable energy target of 20 percent by the end of 2025, with incremental targets every two years. In addition to implementing positive reforms in the energy sector, the RenovAR […]
Enel Green Power breaks records in Latin American capacity additions
February 15, 2017
Enel Green Power made significant capacity additions in 2016, including projects in Mexico, Chile, Brazil and Peru. Enel Green Power reported that it added 2,018 megawatts of renewable energy capacity last year, a 124% increase from around 900 megawatts capacity added in 2015. Quite understandably, a good majority of the new capacity was added in […]
Antigua and Barbuda: 14,000 LED streetlights to reduce carbon emissions
February 13, 2017
The Government of Antigua and Barbuda is set to replace that country’s existing streetlights with energy-efficient LED lights. This is being done through funding from the Caribbean Development Bank (CDB). The project, which was launched on February 9, 2017, at the Sir Vivian Richards Stadium in Antigua, will see over 14,000 high pressure sodium and […]
Cuba and South Korea commit to renewable energy
February 13, 2017
South Korea will strengthen cooperation in the renewable energy sector with Cuba as part of a knowledge-sharing program for the Caribbean country, the South Korean finance ministry said today. In a South Korea-Cuba forum held in Seoul, the two countries discussed ways to encourage South Korean companies to make inroads into the Cuban energy market, […]
Jamaica to expand energy efficiency program
February 13, 2017
An expanded energy efficiency and conservation project aimed at consolidating the implementation of the National Energy Policy 2009-2030 will be launched by Jamaica’s Ministry of Science, Energy and Technology this fiscal year. The project, which will be undertaken in partnership with the Petroleum Corporation of Jamaica, also aim to make the public sector a model […]
Colombia starts construction on its first solar power project
February 12, 2017
Electricity company Celsia will begin work on a 9.9 MW project in March, and grid connection is expected later in 2017. Colombian developers Celsia say that the project, the first solar plant in Colombia will be located in the southwestern region of Valle del Cauca. The plant will be built and operated by Celsia subsidiary […]
Caribbean Community wants government to lead on energy
February 9, 2017
The Caribbean Community reports that participants at a recently concluded high level forum want energy to be placed squarely before the Caribbean Community (CARICOM) Heads of Government to generate speedier action and firmer commitments to the transition to renewables. The general thinking at the Fifth Caribbean Sustainable Energy Forum (CSEF V) held from 23 – […]