Market News - Page 297 of 396 - New Energy Events

Puerto Rico issues microgrid rules, gives PREPA 120 days to establish interconnection rules
May 23, 2018
Puerto Rico regulators take important steps to lay the groundwork for developing a microgrid industry as they issued final microgrid rules just five months after draft rules were released. The Puerto Rico Energy Commission issued the rules (CEPR-MI-2018-0001), ordering the utility PREPA to establish interconnection rules in 120 days. Until these rules are in place, only […]
Costa Rica looks to waste gasification to achieve sustainability goals
May 23, 2018
On its path to environmental sustainability, Costa Rica is now setting out to to solve its waste management problem. Total Waste Energy Solutions (T.E.W.S) has submitted a proposal to build the largest waste-to-energy gasification plant in Latin America. It will be unique in Latin America as the only solid waste energy park, which will include […]
$2.1m investments in energy efficiency will see $41m annual savings for Jamaica
May 23, 2018
A joint investment between the Petroleum Corporation of Jamaica (PCJ) and the Global Environment Facility (GEF) Trust Fund will drive energy-efficient and renewable energy developments in six local healthcare facilities, totalling US$2.1 million. The hospitals and rehabilitation centre will install solar water heaters and energy efficiency technology to reduce energy demand by over 1.3 million […]
Dominican Republic hotel bounces back after hurricanes, receives sustainability award
May 17, 2018
CHIC by Royalton Punta Cana was recently recertified by Green Globe for the third consecutive year receiving an outstanding compliance score of 92%. Green Globe is the worldwide sustainability system based on internationally accepted criteria for sustainable operation and management of travel and tourism businesses. After two back to back hurricanes caused widespread damage in the […]
Cuba and EU to sign $21.5m renewable energy deal
May 17, 2018
The EU and Cuba are to sign a renewable energy deal this week, in which the EU will provide $21.5m (18m Euro) in support of Cuba’s renewable energy sector. EU diplomatic chief Federica Mogherini has condemned the US economic blockade of the communist island as “obsolete” and “illegal”, but under Trump the US has rolled […]
Five trends driving the LAC geothermal market

From our Editorial Team
May 10, 2018
The LAC geothermal market is heating up — but it’s a slow burn. With only one operating plant each in the Caribbean and South America, and a handful in Central America and Mexico, this region of the world still holds enormous, largely untapped potential for geothermal market growth. Financing, policy, and resource risk continue, however, […]
El Salvador could triple geothermal capacity
May 10, 2018
El Salvador has the potential to produce 440 megawatts (MW) in addition to the 204 MW already obtained through geothermal energy, said yesterday the energy specialist of the Inter-American Development Bank (IDB), Toshitaka Takeuchi. The one thing most needed is more investment in training. Although the country is considered the leader in Latin America in terms […]
Solar and wind projects secure financing in Dominican Republic
May 10, 2018
Two renewable energy project developers in the Dominican Republic advanced financing plans this week, securing debt for solar and wind-powered projects on the Caribbean island. The Monte Plata solar plant will expand capacity from its current 30 MW (commissioned in September 2016) to 69 MW. Once operational, it will be the largest solar plant in the […]
Honduras inaugurates first utility-scale geothermal project
May 2, 2018
Honduran President Juan Orlando Hernández and U.S. Overseas Private Investment Corporation (OPIC) Vice President for Investment Policy Ryan Brennan inaugurated Geotérmica Platanares, a 35 megawatt geothermal baseload power plant in western Honduras. The project is supported by $135 million of financing from OPIC, the U.S. Government’s development finance institution, and developed by Reno, Nevada-based Ormat […]