Market News - Page 296 of 386 - New Energy Events

$17.6b rebuild plan for Puerto Rico features distributed generation
December 14, 2017
A $17.6 billion plan to rebuild and modernize Puerto Rico’s electric power system was released on 11 December. Prepared by more than a dozen entities, including the island’s electric power authority (PREPA), the 63-page plan calls for a decade-long series of projects and operational improvements. The plan is aimed at building an electric power system capable of surviving […]
Mexico leads the way for distributed solar
December 14, 2017
Mexico has retooled their energy regulations, and it seems to be paying off. By 2025, billions of dollars will be flowing into the Mexican economy as distributed energy technologies are expected to exceed 8 GW, with solar playing a huge role in this growth. This year alone, Mexico is expected to double its distributed generation […]
Guatemala launches renewables and efficiency focused national energy plan
December 14, 2017
This week Guatemala launched a national energy plan that aims to reduce emissions of greenhouse gases in the country by 29.2% by 2032. Prepared by the Ministry of Energy and Mines (MEM), the plan has the goal to acheive reductions through the promotion of renewable energy and energy efficiency. According to the Minister of Energy, […]
Groundbreaking ceremony for Jamaican LNG plant
December 14, 2017
On Friday New Fortress Energy and Jamalco broke ground for the construction of a 94 megawatt US$265 million (J$33.3 billion) liquefied natural gas-fueled combined heat and power plant at Jamalco’s Halse Hall headquarters in Clarendon. New Fortress Energy will invest $1 billion in Jamaica over the next several years, for this project with an estimated […]
Caribbean leaders announce launch of Climate Smart Coalition
December 13, 2017
Caribbean leaders gathered at the One Planet Summit this week announced a new coalition of global organizations to drive investment towards climate resilient infrastructure. The Caribbean Climate-Smart Coalition aims to find a way to break through the systemic obstacles that stop finance flowing to climate-smart investments. Participating organizations include the Inter-American Development Bank, the World […]
Groundbreaking ceremony for Jamaica’s largest solar project
December 12, 2017
On Wednesday, December 13, a groundbreaking ceremony will be held for the 37 MW solar energy project in Paradise Park, Westmoreland, Jamaica. The project is estimated to cost $60m and should be commissioned within a year. The project is being developed by French energy producer, Neoen, alongside Rekamniar Frontier Ventures and MPC Capital. Angella Rainford, […]
Two solar project tenders launched in Dutch Caribbean
December 5, 2017
Two Dutch Caribbean islands have launched tenders for solar projects. Curaçao’s power utility Aqualectra issued a tender for the construction of a solar project with a capacity of 10 – 15 MW. The utility Saba Electric Company, the provider of power for Saba Island, released a tender for a 1 MW solar park with 1.5 […]
EU provides 12m EUR to support Caribbean geothermal development
November 27, 2017
The EU will contribute 12m EUR to the Geothermal Risk Mitigation Programme for the Eastern Caribbean. Through this program, five countries are eligible to receive assistance for development of geothermal energy up to 60 MW, including: Dominica, Grenada, St. Kitts and Nevis, Saint Lucia, and St. Vincent and the Grenadines. The €12 million in grant funding […]
Jamaica’s energy efficiency program receives $15m loan from JICA
November 27, 2017
Jamaica is taking strides towards energy efficiency, and a recent injection of $15m into the program will provide training to energy management staff, retrofit LED lighting, and lower vehicle fuel consumption, among other components. The $15m loan comes from the Japanese International Cooperation Agency (JICA), and is part of a joint $30m loan with the […]