Market News - Page 299 of 343 - New Energy Events

Scotland just produced enough wind energy to power it for an entire day
August 11, 2016
Blustery weather in Scotland is making a case for wind-power and other forms of renewable energy in the country. On August 7th, stormy weather enabled wind turbines to create 106 percent of the total electricity demand used by homes and businesses. This outcome empowered WWF Scotland Director, Lang Banks, to push the Scottish government to […]
CDB approves funding for a more climate-resilient Caribbean transport sector
August 10, 2016
The Caribbean Development Bank (CDB) will provide US$768,000 in funding to address damage to Caribbean road networks, caused by natural hazards. Financing will enable a study on approaches for constructing road infrastructures that are more resilient to the effects of climate change. CDB director of projects, Daniel Best, noted that agencies of the bank’s borrowing […]
Polaris completes drilling program at San Jacinto-Tizate, Nicaragua
August 10, 2016
A third new geothermal well, completed by Polaris Infrastructure, will come online this month in Nicaragua. Drilling of the production well at the San Jacinto project, SJ 9-4, indicates a zone of high permeability; the well was completed at a depth of 1,525 meters. Polaris expects to have SJ 9-4 connected to San Jacinto power […]
JinkoSolar signs three solar PPAs for its 188MWac projects in Mexico
August 8, 2016
The solar market is becoming increasingly competitive and in Latin America. Mexico has attracted the interest of Chinese solar PV firm, JinkoSolar Holding Co., Ltd. The company signed 3 PPAs with the Mexican Federal Electricity Commission (CFE), to provide 188 MW of solar energy beginning in 2018. Electricity generated will be sold to the CFE […]
Antigua and Barbuda turn to British PV company to supply solar solutions
August 7, 2016
The government of Antigua and Barbuda will return to work with UK-based firm PV Energy Ltd for further implementation of utility-scale and rooftop solar arrays across the country. In a previous contract, the company completed an installation of a 3 MW ground-mounted facility at the V.C. Bird International Airport and has begun construction of a […]
France to fund development projects in Cuba
August 6, 2016
An agreement signed between the Cuban Foreign Trade and Investment Minister and the French Ambassador will fund multiple infrastructure projects in Cuba. The newly opened French Development Agency in Cuba will support renewable energy projects, as well as tourism, transport, and agribusiness, among others. A US$258 million fund is part of a deal to renegotiate […]
Cuba sees tourism rise, French will renovate Havana airport
August 3, 2016
More visitors flocking to Cuba in the post-sanctions era threatens the Caribbean island’s infrastructure just as it also risks losing subsidized oil from Venezuela. An agreement with the new French Development Agency in Cuba will help to renovate the Jose Marti airport in Havana. Concessions, announced on Wednesday, will be given to Aeroports de Paris, […]
Economists debate how hard Venezuelan economic storm will hit Cuba
August 2, 2016
Cuban reliance on Venezuelan crude oil is now being challenged, as the Latin American neighbor drops oil production below 2 million barrels per day (bpd). Cuba produces 50,000 bpd itself and has stockpiled a 60-day supply on the island; however, the Caribbean island will still have to cut fuel consumption by 28 percent in the […]
TransCanada to develop $800M US energy storage and transportation project in Mexico
August 1, 2016
TransCanada Corp. has plans to develop an US$800 million refined fuel storage and transportation project. The company has partnered with Sierra Oil and Gas, and Grupo TMM to build 265 kilometres of pipeline and an inland distribution hub in central Mexico. As the principal development partner, TransCanada will hold 50% interest on the investment, adding to […]