Market News - Page 294 of 386 - New Energy Events

Panama building first large-scale residential solar installation
February 13, 2018
A joint project between Colombia energy company, Celsia, and Real Estate Group Provivienda will bring solar PV to 350 homes at La Hacienda, in Panamá Oeste, Panama. This residential complex, as a whole, will avoid the emission of 188 tons of carbon dioxide per year and will benefit from representative energy savings. Celsia and Grupo Provivienda will […]
Caribbean Renewable Energy: Five Projects We’re Watching in 2018

From our Editorial Team
February 1, 2018
St. Lucia solar project site, Image credit: Rocky Mountain Institute The market for renewables in the Caribbean is taking off. Why? Utilities are leading the charge, new pots of grant funding and low-cost capital are easing financial barriers, batteries are coming online to mitigate increased intermittency, and renewables are in many cases cheaper than the alternative. The […]
Teranov receives geothermal licenses for Saba and St. Eustatius
January 31, 2018
Preliminary surface investigations have already begun on Saba and St. Eustatius following the issuing of geothermal exploratory licenses to French developer, Teranov. These permits, exclusive to Teranov, authorize the developer to explore the geothermal resource over three years to qualify the resource for further development. Teranov will also have priority rights to develop the resource. […]
Ormat acquires Guatemala’s El Ceibillo geothermal project
January 29, 2018
U.S. Geothermal will be acquired by Ormat Technologies Inc., with the transaction expected to be finalized in Q2 2018. U.S. Geothermal has operating geothermal plants in the Western United States, and projects in the development phase in the same region, as well as the El Ceibillo project located near Guatemala City, Guatemala. This latest acquisition […]
Costa Rica eliminates taxes for electric vehicles
January 29, 2018
Costa Rica’s goal of carbon neutrality by 2021 is closer with the passage of a new law meant to encourage the uptake of electric vehicles. Last week, the government adopted a new initiative to eliminate sales, customs, and circulation taxes for electric vehicles and a free parking scheme. Under the new law, municipal parking facilities […]
Monserrat to resume geothermal drilling in February
January 24, 2018
After an internal mud collapse stalled drilling of the third geothermal well for several months, Monserrat officials expect drilling to resume within no more than a few weeks. Monserrat plans to use geothermal as a primary baseload resource for the island, with solar PV to achieve 100% renewable energy by 2020. Diesel generators will be […]
Puerto Rico will sell utility PREPA
January 23, 2018
On Monday, Puerto Rico announced that they will sell the badly damaged utility, PREPA in the next 18 months. Puerto Rico Governor Ricardo Rossello said he’s moving to privatize the insolvent Puerto Rico Electric Power Authority, the largest U.S. public power utility by customers and revenue. The government will begin the process by passing legislation to establish […]
Haiti seeks qualified microgrid developers
January 22, 2018
Haiti’s government, seeking to grow the successful microgrid model, has issued an official next step for the energy sector. The regulatory authority has launched a pre-qualification notice to invite private developers to express their interest in developing and operating mini and micro-networks based on renewable or hybrid energy. The government is prioritizing energy access, as […]
Four Caribbean Renewable Energy Trends to Watch in 2018

From our Editorial Team
January 19, 2018
2017 saw two cataclysmic hurricanes pile into the Caribbean and, although recovery is well underway, some islands – Puerto Rico and the USVI, for example – are still licking their wounds. Paired with a banner year for renewable energy with record setting PPAs and first technology commissionings for multiple islands, 2017 was a roller coaster […]