Market News - Page 299 of 396 - New Energy Events

Puerto Rico: Transparency and the Importance of an Independent Regulator
April 11, 2018
Guest Editorial written by Tomás J. Torres Placa, Executive Director of the Institute of Competitiveness and Economic Sustainability Puerto Rico finds itself at a critical juncture in its history. The island has an unprecedented opportunity to transform its electric system by integrating more diverse and renewable generation sources and creating a competitive and […]
Operations begin at 5.5 MW solar farm in Cuba
April 11, 2018
Following the inauguration of the first solar park in the Cuban province of Ciego de Ávila – a 4.4 MW farm which begun operations in January – a second plant has begun operations. The 5.5 MW plant, located in the municipality of Chambas, was synchronized to the SEN at the beginning of February and contributes […]
Bolivia’s Laguna Colorada geothermal project will start drilling in 2019
April 11, 2018
The 100 MW Laguna Colorada geothermal project will begin drilling in 2019, according to reports. Following 70+ studies to establish resource potential and set development targets, the resource is estimated to be as high as 250 MW. The national energy company, ENDE, led the studies and conducted well tests in technical partnership with Japan. An […]
Bahamas to scale up solar energy with 3MW solar park
April 9, 2018
The Bahamas is getting a 3 MW solar park next year, with construction slated to begin this summer. The Grand Bahama Power Company’s first utility-scale solar energy project will be built on 11 acres of industrial land near its generation plant on West Sunrise Highway. The $5 million project is expected to be commissioned in […]
$2.5m initiative will bring 100+ microgrids to Puerto Rico
April 6, 2018
Resilient Power Puerto Rico (RPPR), a solar power initiative formed in the aftermath of Hurricane Maria, launched a $2.5 million outreach initiative to bring electricity – primarily via microgrids – to 100 community centers throughout Puerto Rico, some of which are still without power nearly six months after the hurricane. The RPPR are storm resilient […]
Jamaican factory economizes with solar PV and efficiency
April 6, 2018
Jamaican seafood trader Rainforest is doubling solar energy capacity at its plant in Montego Bay, from 0.5 megawatt to one megawatt, at a cost of $75 million. Following this project, solar PV panels will cover all of Rainforest’s primary operating and administrative buildings. The first project cost approximately $1.65/watt, but is now less than $1.00. […]
St. Vincent restructures geothermal project, timeline to reset
April 5, 2018
The geothermal project on St. Vincent and the Grenadines has had an ownership shake-up, with a positive result for the citizens of St. Vincent. After renegotiations, the government will now own a 49 percent stake in the geothermal plant, and the developers – Emera and Reykjavik Geothermal (originally with a 75 percent share) will own […]
Progress continues for the Bahamian all-renewable island
March 28, 2018
Ragged Island, destroyed by Hurricane Irma, will rebuild its electric grid using solar PV and battery storage estimated to cost $2m. The techno-economic system modelling has been completed by Rocky Mountain Institute and though a timeline has not yet been set, Prime Minister Dr Hubert Minnis advised that the project will achieve system payback in […]
Japan donates 60 electric vehicles to Costa Rica
March 28, 2018
The Government of Japan delivered 60 electric and hybrid vehicles, including Toyota’s and Mitsubishi’s to the Government of Costa Rica promoting the economic and social development of Costa Rica and support efforts to reduce the national impact of global warming. The initiative is part of the Overseas Development Agreement between the two governments, through which […]