Market News - Page 291 of 340 - New Energy Events

Dominican Republic has 186.5 MW of clean energy, says government
September 28, 2016
The Dominican Republic continues to make progress in clean energy with existing sources and plans for new installations totaling over 400 MW. Wind, solar and biomass currently dominate the DR market with an output of 186.5 MW and plans for power purchase agreements to install another 235 MW in wind power. Deputy Minister of Energy, […]
CREF2016 Partner Solar Head of State installs solar panels at St. Lucia’s Government House
September 28, 2016
Today, St. Lucia followed the Maldives and the United States to become the third nation to install solar panels on the national executive residence. The installation was made possible through the generosity of Solar Head of State. This system will allow Government House to partially operate on renewable energy, saving the country hundreds of dollars in electricity […]
Grenada wants more funds for sustainable development
September 27, 2016
Grenada is urging world leaders and the leaders of Small Island Developing States (SIDS) to contribute more funds to fill the gap needed to reach the targets of the SDGs. Foreign Affairs Minister Elvin Nimrod explained three structural problems that inhibit climate action for Caribbean and the Pacific, nations that he said must be the […]
China-Cuba look to further renewable energy cooperation
September 26, 2016
Assistance from China will be a key factor in the development of renewable energy in Cuba. A recent visit by China’s Premier Li Keqiang comes at a time when Cuba’s other major ally, Venezuela, has had to cut back on assistance due to domestic problems. Thus China is stepping to present itself as the principal […]
Renewable energy makes up almost one-third of the world’s electrical capacity
September 24, 2016
A new report by the World Energy Council (WEC) asserts that renewable energy now makes up a critical portion of global electrical capacity. Last year, wind and solar installations overtook investments in conventional power-generating facilities; information from 32 country case studies claimed about 90% of installed wind and solar capacity worldwide. Hydroelectric energy from dams […]
Renewable energy project improving lives of Jamaica residents
September 22, 2016
A 36 MW wind farm in Potsdam, St. Elizabeth, is helping to diversify the country’s energy matrix and ease dependence on fossil fuels. The Blue Mountain Renewables (BMR) plant is assisting community schools and local farmers who are affected during the construction phase; additionally, the plant is expected to reduce greenhouse gas emissions by about […]
Costa Rica inaugurates largest hydroelectric plant in Central America
September 22, 2016
Costa Rica again boasts a landmark renewable energy achievement with the inauguration of the 305.5 MW Reventazon dam and hydroelectric plant. Build fully in-house by the Instituto Costarricense de Electricidad (ICE) and funded by a mix of local and international banks, the cost for the plant came to US$1.4 billion dollars and completed three months […]
Rutty Paola Ortiz named New Vice Minister of Colombia’s Ministry of Mines and Energy
September 21, 2016
Columbia’s new Vice Minister for the Ministry of Mines and Energy, Rutty Paola Ortiz, will be responsible for leading a review of the country’s new electrical institutions to ensure energy security continues to improve. Vice Minister Ortiz will confront major challenges facing the oil sector and maintain progress on the governmental PaZa La Corriente program. […]
OPIC Board approves $135m financing for Ormat geothermal project in Honduras
September 21, 2016
The Platanares geothermal project by Ormat Technologies in Western Honduras will receive financing of US$135 million from OPIC, as part of a US$1 billion commitment by the organization to fund new development projects. The Overseas Private Investment Corporation (OPIC) approved the investment for the development, construction, and operation of the 35 MW Platanares plant. As […]