Market News - Page 299 of 349 - New Energy Events

Funding of up to $80m approved geothermal development in the Caribbean
October 16, 2016
The Eastern Caribbean will receive US$80 million in funding for geothermal development, part of a US$745 million project approved by the Board of the Green Climate Fund. The Inter-American Development Bank (IDB) is cooperating on the $80 million package for the Sustainable Energy Facility of the Eastern Caribbean. The overall project aims to help countries […]
Barbados sets goal for 29% RE by 2029
October 15, 2016
Barbados has plans to end “business as usual” scenarios in the energy sector by 2030. New targets have been set to reduce greenhouse gas emissions by 44 per cent through the generation of power from renewable energy, and reduction in electricity consumption by 2030 – 65 per cent and 22 per cent respectively. Prime Minister […]
Caribbean: Green Climate Fund approves USD 80 million to develop 60 MW geothermal energy in eastern Caribbean
October 10, 2016
Geothermal energy presents a growing opportunity for the Eastern Caribbean to reduce its dependence on fossil fuel imports. Decreases in world oil prices have not been reflected in regional electricity prices in the Caribbean, which remain high at US$0.39 per kWh (2013 price). The Green Climate Fund (GCF) has thus approved US$745 million as part […]
Dr. Vince Henderson Is Dominica’s new ambassador to U.S. and OAS
October 7, 2016
The new Ambassador to the U.S and the Permanent Representative to the Organization of American States (OAS), Dr. Vince Henderson plans to address key areas of energy and climate change in the Caribbean. At an appointment ceremony on October 1st, Secretary General of OAS, Luis Almagro, highlighted the work of Dr. Henderson in the areas […]
USAID Caribbean Clean Energy Program And CHTA Forge Collaborative Partnership To Bolster Energy Efficiency In The Caribbean Hotel Sector
October 7, 2016
New tools to measure energy efficiency are coming to the Caribbean via a partnership between USAID Caribbean Clean Energy Program (CARCEP) and the Caribbean Hotel and Tourism Association (CHTA). An agreement signed at the Caribbean Hospitality Industry Exchange Forum (CHIEF) will be used to take action on energy efficiency policy, research and development, and training […]
Mexico selects 23 bidders for $4 billion renewable energy projects auction
October 5, 2016
Mexico has selected 23 bidders for contracts to build 36 new clean energy power plants including wind and solar capacity. The US $4 billion project will support PV solar, wind and other clean energy projects, awarding 8,909 GWh of capacity to the selected firms. Mexico’s National Energy Control Center (CENACE) has stated that the total […]
Winds of change slow to reach Caribbean’s renewable energy landscape
October 4, 2016
A paper published in the current issue of the journal Energy Policy examines the causes behind the slow pace of renewable energy development in the Caribbean. Harrie Vredenburg and colleagues surveyed 36 political jurisdictions in the Caribbean to assess factors that promote and restrict initiatives for greener energy generation. One outcome explained that incumbent electric […]
Nicaragua Textile Manufacturers Suffer From Expensive Energy
October 3, 2016
Textile sector growth in Nicaragua is limited by the cost of high electricity, according to the Nicaraguan Association of the Textile and Apparel Industry (Anitec). Excessively high rates discourage foreign investors who could enable the entry of textile companies and spinning mills into the country’s market. Electricity rates are currently so limiting that it makes […]
Caribbean islands receive training on climate-friendly cooling
October 3, 2016
Workshops hosted by the CARICOM Secretariat, in collaboration with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), are making an effort to reduce the amount of energy used in the Caribbean cooling sector. Dual training programs attracted over 50 policymakers and financial and private sector representatives from 15 Caribbean islands for sessions that ranged from policy (Nationally […]