Market News - Page 299 of 345 - New Energy Events

Costa Rica adds 165 MW of geothermal to the pipeline
September 1, 2016
Another 165 MW of geothermal energy is in the pipeline for Costa Rica. An expansion of the Las Pailas plant is expected to generate between 35 and 55 MW starting in 2018. The Central American country leads in Latin America when it comes to the utilization of geothermal energy; a total of 207 MW of […]
Breaking Down Barriers to Renewable Energy Development in the Caribbean
September 1, 2016
According to a recent article in Renewable Energy World, the Caribbean is at the forefront of renewable energy leadership in the Post-COP21 policy environment. The significant level of knowledge accrued by local companies, who have access to new technologies and engineering skills, has driven interest from private investors from the U.S., Europe and Asia. Fossil […]
Spain and Cuba solar associations form alliance
August 31, 2016
A partnership for the development of the Cuban solar industry has formed to share experience and technical expertise between Cuba and Spain. The strategic alliance was signed last week enabling the Spanish solar association (UNEF) and Cubasolar to move forward with plans for 700 MW of solar PV by 2030. Cuba currently has an installed […]
Mexico’s Renewable Energy Revolution
August 30, 2016
Legislation in Mexico has created a positive growth environment for renewable energy industries. Following the collapse of oil prices last year, Mexico opened its power sector to the private sector to increase participation in power generation and commercialization. In March, the government bought 2.1 GW for US$2.6 billion and will seek to buy between US$2.6 […]
Solar takes at least 6% of Chile’s largest power auction with record low tariffs
August 25, 2016
In an auction without subsidies, solar developers have won 720 GWh of capacity in Chile’s largest-ever power auction. Endesa won about 47% of the tender with an offer not tied to specific projects, while Accion Energia said it will build 183 MW wind facility at La Arauncía. Although wind power dominated the auction, taking 5.8GWh […]
Bermuda gets ready for 6-MW solar tender
August 22, 2016
A new solar power facility will be constructed adjacent to the LF Wade International Airport in Bermuda. The Government of Bermuda has issued an open call to pre-qualify companies seeking to take part in the tender for a two-phase project; the first phase will consist of 6 MW of power and the second phase will […]
Irish renewable energy firm lands $1.65bn contract in Chile
August 19, 2016
An Irish renewable energy firm, Mainstream Renewable Power (MRP), recently beat out 83 competitors to build seven wind power plants in Chile. The US$1.65 billion project will provide a total 12,000 GWh of electricity under a 20-year operating agreement. MRP has notable experience in the renewables field, having produced more than 2,000 MW across more […]
Can carbon trading break the Caribbean free of fossil fuels?
August 18, 2016
CARICOM nations are under pressure to reduce carbon emissions and stem the import of fossil fuels. Carbon trading would provide the credits for lowering verified sources of emissions, an attractive possibility for Trinidad and Tobago which has a largely unregulated oil market and the second-highest carbon emissions per capita in the world. Caribbean reliance on […]
Report: Jamaica to put final touches on 33 MW PV project
August 17, 2016
An agreement with Eight Rivers Energy Co Ltd (EREC) and the Jamaican government , for a 33.1 MW solar facility in Westmoreland, is almost complete. Both parties will be represented at the 2016 Caribbean Renewable Energy Forum. Construction is scheduled to start by 2017 and power supply should commence in 2018. Energy and Technology Minister […]