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Webinar: Energy Storage in the Caribbean: Developments, Hurdles, Opportunities

From our Editorial Team
May 25, 2017
Across the Caribbean, no-one disputes that energy storage is here to stay. Implementation – particularly from a financial perspective – is everything. New Energy Events hosted a webinar on June 07, 2017 gathering a utility – WRB – considering storage options, a developer – Quadran – that has constructed a wind and storage project in the […]
CDB-EIB sign $110m financing package to support climate adaptation and mitigation projects in Caribbean
May 25, 2017
The European Investment Bank (EIB) and Caribbean Development Bank (CDB) have signed an agreement providing USD $110m low-cost financing to support investment projects in the Caribbean under CDB’s climate action policy. Eligible projects include investments in climate change mitigation, adaptation and resilience projects in renewable energy and energy efficiency, and infrastructure that reduces greenhouse gas […]
Puerto Rico airport replaces diesel generators with biomass
May 24, 2017
Puerto Rico’s Rafael Hernandéz Airport is replacing their diesel generators with biomass plants this month, and is considering using catering waste from aircrafts for biomass fuel. Lufthansa Technik Puerto Rico announced the agreement of a supply contract with Entrade involving two Trigeneration plants which will begin operating in May 2017. The two plants will be deployed in […]
Mexico issues three geothermal exploration permits for Engie and Reykjavik Geothermal
May 24, 2017
Mexico is expanding its geothermal market to the private sector with a recent issuing of exploration permits for global energy companies. Mexico’s Ministry of Energy (SENER) has issued three exploration permits to ENGIE, a global energy company, and Reykjavik Geothermal, an Icelandic geothermal development company. These permits authorise their holders to spend three years exploring […]
Cuba breaks ground on first Havana Energy biomass project
May 22, 2017
A groundbreaking ceremony on April 27 marked the beginning of construction for the Havana Energy biomass plant. The new investment, involving Biopower SA, a joint venture between Zerus SA, a subsidiary of Azcuba, and Havana Energy, will cost more than $ 186 million and will bring improvements to the Ciro Redondo plant, which will allow […]
Bolivia allocates $43 million for solar PV and grid improvements
May 18, 2017
The Bolivian government will allocate $43.2 million to rural electrification works in the departments of Potosí and Chuquisaca, to benefit more than 27,200 homes, reported the Vice Ministry of Electricity and Alternative Energies. According to the institution, the project will improve electrification and renewable energy access for 14,600 homes in rural areas with additions and […]
Dominican Republic to supply LNG to Barbados
May 18, 2017
In the first agreement with a neighboring country, AES Dominicana has signed an agreement to supply liquefied natural gas (LNG) to the Barbados National Oil Company Limited (BNOCL), from its AES Andres LNG terminal in the Dominican Republic, according to Edwin De los Santos, president of AES Dominicana. De los Santos said the agreement “represents […]
Honduras’ Platanares geothermal project to begin operations this year
May 16, 2017
Honduras will bring 35 MW of geothermal online this year as Ormat’s Platanares project is anticipated to reach commercial operation by the end of 2017. This announcement was made by Isaac Angel, CEO of Ormat Technologies, in his presentation of Q1 2017 earnings and plans for Platanares geothermal project in Honduras. Ormat Technologies is continuing […]
Brazilian Development Bank loans to first renewable project
May 15, 2017
The Brazilian Development Bank (BNDES) has approved $168.4 million financing for the construction of the Pirapora solar plant, completion date anticipated August 2018. It is the first loan approved by the BNDES in the frame of its program to support solar and renewables. The BNDES said that the 150 MW (AC) project, which is currently […]