Market News - Page 298 of 386 - New Energy Events

Colombia announces plans for first renewable auction
November 8, 2017
Colombia’s Minister of Mines and Energy, Germen Arce Zapata, announced on Friday that the country will hold its first auction for large-scale renewable energy before the current government term ends. The planned tender, which will negotiate contracts for solar, wind and biomass sources, should take place by May 27, 2018, when the next presidential elections will be held. This […]
BMR Energy to build solar PV for Jamaican sugar industry
November 8, 2017
An important partnership has formed between a leading regional solar developer and Jamaica’s sugar industry. Minister of Industry, Commerce, Agriculture and Fisheries, Karl Samuda, made the announcement at the signing of a Memorandum of Understanding between SCJ Holdings Ltd and BMR Energy LLC. The Monymusk sugar factory in Clarendon, Jamaica will get a solar upgrade […]
Webinar: A New Era of Investment in Caribbean Infrastructure

From our Editorial Team
November 2, 2017
To set the stage for the 2nd Caribbean Infrastructure Forum (CARIF) held on December 11-12 in Montego Bay, New Energy Events and IJGlobal are exploring the investment climate in infrastructure across the Caribbean. This webinar was held on Thursday, November 16, 2017. Webinar topics include: – Investor & financier perspectives on opportunities for Caribbean infrastructure: which markets […]
Grenada road upgrades to be examined with CDB funded study
November 2, 2017
Grenada’s roads that link rural communities, cities, and ports are in need of improvement, and a $1.2 million grant will fund a feasibility study for required upgrades. The Board of Directors of the Caribbean Development Bank (CDB) approved a grant of £930,000 (US$1.2 million) to the government of Grenada, to prepare a feasibility study and […]
Ecuador to improve electricity sector with $220m funding from IDB and JICA
November 2, 2017
Funding totalling $220 million will support Ecuador’s expansion and strengthening of electricity infrastructure and reducing fossil fuels. The Inter-American Development Bank (IDB) has approved a $150m loan for Ecuador to help the country expand, strengthen and improve the operational efficiency of its power sector. The 25-year loan includes a 7.5-year grace period, LIBOR-based interest rate, […]
Guatemala’s El Ceibillo geothermal project receives $3.4 million from GDF fund
November 2, 2017
The Guatemalan El Ceibillo geothermal project is a recipient of a $3.42 (EUR2.91) million grant from the German Development Facility (GDF) for Latin America for further development drilling. The grant represents an approximate 40% cost share for drilling up to three production wells, with a total estimated program cost of $8.81 (EUR7.486) million. If the […]
Haiti receives $35 million World Bank grant to scale up renewable energy
November 2, 2017
A World Bank project will infuse $35 million into Haiti’s economy to to scale up renewable energy investments and improve electricity access for Haitians. The project – which entails two grants from two separate World Bank grant programs – will consist of two components: 1) grid-connected energy, such as solar PV to demonstrate viability, while […]
Jamaica’s health infrastructure overhaul makes progress
October 31, 2017
Jamaica’s healthcare infrastructure will be assessed over the next six months to ascertain improvements needed. The Minister of Health, Dr. the Hon. Christopher Tufton, said the assessment will determine what the needs are in terms of specialist care, additional beds and operating theatres, among other things. These improvements will benefit many facilities that will receive […]
WRB Serra Partners Closes Fund I at $46.5 Million
October 26, 2017
On October 12, Florida-based private equity firm WRB Serra Partners successfully closed Fund I with committed capital of $46.5 million. The capital is sourced from a mix of family office and institutional investors, along with the Overseas Private Investment Corporation. WRB Serra Partners is an active investor in renewable energy, energy efficiency, and water infrastructure […]