Market News - Page 294 of 354 - New Energy Events

Colombia: solar industry to grow under new investment
December 23, 2016
Colombia has significant solar energy resource yet has struggled to grow the industry. A new joint investment into a PV firm in Colombia is set to give a much needed boost to the construction of solar projects in the region. Innova Capital Partners, LLC (Innova) and Fondo de Capital Privado de Emprendimiento e Innovación SP […]
Pacific Islands: climate fund to boost renewables transition
December 22, 2016
The Green Climate Fund (GCF) has approved $17m in funding to install energy storage systems, support private sector investment, and for capacity building to support the Asian Development Bank (ADB) program to assist seven Pacific island countries to transition to a renewable energy future. The ADB proposed Pacific Islands Renewable Energy Investment Program will assist […]
Argentina: $133m from Green Climate Fund for RenovAr projects
December 21, 2016
The Green Climate Fund (GCF) has approved USD 133 million (EUR 128m) in funding for green energy projects in Argentina at its final board meeting for the year. The Argentine energy ministry further explained the funds will go towards financial guarantees and to extend loans for projects that secured contracts in the RenovAr renewable energy […]
Chile: Engie to invest $450m to develop 400 MW solar
December 20, 2016
The French utility Engie SA – with Solairedirect SA – plans to invest about $450 million to develop 400 megawatts of solar power in Chile’s north and central regions, where transmission lines are available, said Laurent Furedi, chief of strategy at Engie Latin America. Engie acquired Solairedirect SA for about $220 million in 2015 as part […]
St. Kitts: Geothermal potential could be 37 MW
December 19, 2016
After a year of exploration, St. Kitts geothermal developer estimates potential between 18 and 37 MW. Minister of Energy, Honourable Ian Patches Liburd said that developer, Teranov who in September 2015 joined forces with the government of St. Kitts to assess geothermal potential on the island, had found positive prospects for the resource. “I am happy […]
Five-in-five: Chris McCormick, Geothermal Development Facility for Latin America
December 19, 2016
New Energy Events 5 in 5 | Interview with Chris McCormick from New Energy Events on Vimeo. New Energy Events interview series, Five-in-Five, features concise and incisive interviews with leading industry players. We’ll be putting five market-critical questions to each of our interviewees over the course of a highly digestible five minute segment. This week, New Energy Events […]
Cayman: renewables could meet 60 MW capacity need
December 16, 2016
In a public meeting this week in Cayman, The Caribbean Utilities Company (CUC) revealed it expects to add up to another 60 megawatts of power to the current 100 MW it produces now. The capacity additions will likely come from wind, solar, and waste-to-energy, with ocean thermal also on the table. CUC and consultants from […]
Belize: PPA signed for 16 MW biomass plant
December 16, 2016
Belize is getting a 16 MW biomass plant in a recent PPA signed between S.S. Energy Ltd. (SSEL) and Belize Electricity Limited. SSEL, a subsidiary of The Santander Sugar Group, will utilize bagasse, the bi-product of sugar cane, as a renewable power generation source. The energy produced by bagasse at The Santander Sugar Mill will be […]
Brazil cancels only wind and solar auction of the year
December 15, 2016
Brazil’s Ministry of Energy and Mines has cancelled the wind and solar auction scheduled for Dec 19 due to oversupply, says a spokesman from MEM. In a previous solar and wind auction in July, the MEM postponed the solar auction to December, but solar and wind have both been effectively removed, making this the first […]