Market News - Page 271 of 343 - New Energy Events

Nicaragua poised for geothermal boom, defines twelve areas for development
April 7, 2017
With large private and public investments and the support of the World Bank and the IDB, Nicaragua is ready to take advantage of its high renewable energy potential. With a potential of more than 2,000 MW, Nicaragua is one of the most attractive countries in Central America when it comes to investment into geothermal energy development. In 2014, […]
Guyana: Green Heart Tree Energy commissions new solar PV system
April 6, 2017
Green Heart Tree Energy (GHTE) entered the renewable energy market in Guyana earlier on March 3, 2017 when it commissioned a 10 kilowatt system to power the Paramakatoi Flavours Sun Dried Tomato Processing Plant, the company said in a statement. “The Paramakatoi project is the beginning of GHTE’s commitment to long term investment in the […]
Enel Mexico breaks ground on large solar facility
April 5, 2017
Enel has commenced the construction of a 238MW Don Jose capacity solar power plant in Mexico, with an investment of $220m. Located in the State of Guanajuato at San Luis de la Paz, the solar photovoltaic (PV) plant’s construction is being carried out by the Italian energy and gas major’s Mexican subsidiary Enel Green Power […]
Chilean geothermal plant begins operations, a first for South America
April 3, 2017
The long anticipated 48 MW geothermal power plant Cerro Pabellon has started commercial operation supplying electricity to Northern Chile. The Cerro Pabellón plant is located at an elevation of 4,500 meters above sea level in the Ollagüe commune in the Atacama Desert. The plant is the first geothermal installation in all of South America, and […]
Chile: Solar prices likely to keep falling
April 3, 2017
Chile’s next auction in October will see prices continuing to fall, according to the company who set records for lowest solar PPA last year. “There is an enormous amount of competition in this market and none of the fundamentals have changed from the previous auction,” Inigo Malo, Solarpack Corp. Tecnologica’s manager for the Andean region, […]
Cuba: Biomass plant under construction, additional projects seek financing
April 3, 2017
Cuba’s biomass sector is on the rise – the Ciro Redondo biomass plant is finally under construction thanks to an injection of cash from China – but financing remains an issue for the renewable energy sector. The Ciro Redondo plant is being developed by Havana Energy, led by President Andrew Macdonald. “The most challenging thing we […]
Mexico: Construction begins on largest PV plant in Latin America
March 30, 2017
Italian power provider Enel announced it has started construction on the largest PV plant on the American continent, the 754 MW Villanueva project, which is located in the Mexican state of Coahuila. The company is investing €650 million in the project, which is scheduled for completion in the second half of 2018. The project is […]
El Salvador: Contracts signed for 170 MW of solar and wind
March 29, 2017
El Salvador’s power distributors have this week signed contracts for the winning projects in the country’s renewable energy auction, which was held by the government in January. Among the projects are four PV plants with a combined capacity of 119.9 MW. The auction ended with an average price of $51.48/MWh. This is the lowest price […]
Chile: $30m loan for exploratory phase at Cerro Pabellon geothermal project
March 29, 2017
The Inter-American Investment Corporation (IIC) has signed a US$30 million corporate loan facility with Enel Green Power Chile to finance exploratory works for what could be the first geothermal power project in South America—the Cerro Pabellon geothermal power plant in Chile. The loan will be funded by the Clean Technology Fund Loan (CTF), administered by […]