Market News - Page 297 of 345 - New Energy Events

St Lucia Develops Financing Proposal for Electric and Hybrid Vehicles
September 15, 2016
On 8 September, St. Lucia discussed a financing proposal that would introduce electric and hybrid vehicles to the government vehicle fleet in a high-level meeting hosted by the German Federal Enterprise for International Cooperation (GIZ) in partnership with ECLAC Caribbean. This meeting was jointly convened by ECLAC Caribbean and GIZ to review the impact of […]
Energy Department Awards More Than $20 Million for Wave and Tidal Energy Projects
September 15, 2016
The US Energy Department has awarded more than $20 million in funding for projects related to Marine and Hydrokinetic (MHK) energy systems. The DOE has decided to support the projects of ten partners throughout the States. The projects is to improve the performance of MHK systems and advance and environmental monitoring technologies. Harnessing wave power […]
Minister Liburd: Federation seeing benefits from host a number of regional renewable energy workshops
September 15, 2016
Workshops for training in renewable energy and cooling equipment began last week in St. Kitts and Nevis, prompted by the benefits observed by the Caribbean island’s Federation. The establishment of wind energy on Nevis and development of solar power in St. Kitts have placed the Country in a leading position in the development of renewable […]
Mexico and Brazil Look to Caribbean for New Energy Investment Opportunities
September 14, 2016
In November, a Brazilian investment mission will take investors and parliamentarians to the Eastern Caribbean to discuss a wide range of business opportunities. The Embassy of Mexico to the Eastern Caribbean States will hold a Forum, “Creating Synergies to Strengthen the Competitiveness of the Greater Caribbean” November 16-18 in Cancun, Mexico. Both Mexico and Brazil […]
Montserrat Geothermal Project to Commence Drilling on Third Well
September 13, 2016
The Icelandic Drilling Company, contracted by the UK’s Department for International Development (DFID), has offloaded their drilling equipment at the site of the third well in Monserrat and drilling will begin soon. It has taken longer than anticipated to prepare the site, as the terrain was rough, rocky and covered in layers of deposited ash. […]
Inter-American Development Bank to finance $103.4m renewable power project in Nicaragua
September 13, 2016
Nicaragua will get support from the Inter-American Development Bank (IDB) for geothermal projects in the Cosigüina field. Located in the northwestern part of the country, the site will facilitate studies to ascertain the technical feasibility of a commercial-width well. It will also be the location for product development of mechanisms used to attract private investment. […]
Bermuda Utility Revises Net Metering Program for Solar
September 13, 2016
Bermuda’s net metering program, launched in 2010, is coming to an end after Bermuda Electric Light Company Limited (BELCO) has decided to replace it with an avoided cost compensation scheme. This revision is likely to reduce the level of new residential and commercial PV installations. The current 335 participants will continue to receive the subsidy, […]
Renewable Energy Projects Secured $6 Billion From Multilateral Banks In 2015
September 12, 2016
Six banks: The World Bank, The European Investment Bank (EIB), the Inter-American Development Bank (IDB), the Asian Development Bank (ADB), the African Development Bank (AfDB), and the European Bank for Reconstruction and Development (EBRD) provided a total of $25 billion in climate finance across the world last year. Renewable energy projects secured $6 billion in […]
Taking the Time to Invest in Cuba: An interview with Havana Energy
September 12, 2016
In 2012, UK-based Havana Energy entered into a joint venture with the Cuban company Zerus SA, part of Azcuba, the Cuban Sugar Group, to build five biomass power plants in Cuba. The deal was one of the biggest joint ventures between Cuba and a British company in almost half a century, and the first notable […]