Market News - Page 301 of 349 - New Energy Events

Costa Rica inaugurates largest hydroelectric plant in Central America
September 22, 2016
Costa Rica again boasts a landmark renewable energy achievement with the inauguration of the 305.5 MW Reventazon dam and hydroelectric plant. Build fully in-house by the Instituto Costarricense de Electricidad (ICE) and funded by a mix of local and international banks, the cost for the plant came to US$1.4 billion dollars and completed three months […]
Rutty Paola Ortiz named New Vice Minister of Colombia’s Ministry of Mines and Energy
September 21, 2016
Columbia’s new Vice Minister for the Ministry of Mines and Energy, Rutty Paola Ortiz, will be responsible for leading a review of the country’s new electrical institutions to ensure energy security continues to improve. Vice Minister Ortiz will confront major challenges facing the oil sector and maintain progress on the governmental PaZa La Corriente program. […]
OPIC Board approves $135m financing for Ormat geothermal project in Honduras
September 21, 2016
The Platanares geothermal project by Ormat Technologies in Western Honduras will receive financing of US$135 million from OPIC, as part of a US$1 billion commitment by the organization to fund new development projects. The Overseas Private Investment Corporation (OPIC) approved the investment for the development, construction, and operation of the 35 MW Platanares plant. As […]
St. Vincent moves forward with 10-15 MW geothermal project
September 20, 2016
The Energy Unit and the St. Vincent Geothermal Company will host two public meetings next week to discuss the ongoing geothermal energy project near the La Soufriere Volcano. As work continues on the 10 to 15 MW plant, the two agencies have decided to host sessions to inform the public of advancing plans. The first […]
Largest solar plant in the Caribbean starts producing power
September 18, 2016
An investment in excess of 160 million has resulted in the second largest solar farm in Puerto Rico and the largest of its kind in the Caribbean. Greece-based company METKA-EGN built the facility and will commission and operate it following completion later this year. CEO Andreas Mustad considers this a “landmark moment for Sonnedix”, noting that […]
Jamaica water commission signs grant agreement for energy efficiency project
September 17, 2016
A new initiative to improve energy efficiency at the National Water Commission (NWC) entered into force on September 14 via an agreement between the Jamaican Utility and the United States Trade and Development Agency (USTDA), to fund a one-year energy efficiency and renewable energy project. The project will begin by targeting those NWC facilities which […]
Nevis Geothermal Developer Signs MOU with Antigua and Barbuda
September 15, 2016
Antigua and Barbuda signed a Memorandum of Understanding with Thermal Energy Partners (TEP) to develop a 10MW geothermal project. This is Thermal Energy Partners second MOU in the Caribbean, signaling the company’s further commitment to the region. Read more here: http://www.caribjournal.com/2016/09/03/antigua-barbuda-develop-geothermal-energy/#
St Lucia Develops Financing Proposal for Electric and Hybrid Vehicles
September 15, 2016
On 8 September, St. Lucia discussed a financing proposal that would introduce electric and hybrid vehicles to the government vehicle fleet in a high-level meeting hosted by the German Federal Enterprise for International Cooperation (GIZ) in partnership with ECLAC Caribbean. This meeting was jointly convened by ECLAC Caribbean and GIZ to review the impact of […]
Energy Department Awards More Than $20 Million for Wave and Tidal Energy Projects
September 15, 2016
The US Energy Department has awarded more than $20 million in funding for projects related to Marine and Hydrokinetic (MHK) energy systems. The DOE has decided to support the projects of ten partners throughout the States. The projects is to improve the performance of MHK systems and advance and environmental monitoring technologies. Harnessing wave power […]