Market News - Page 302 of 340 - New Energy Events

Peru: GRC member explores geothermal phenomenon in the Amazon
June 23, 2016
Inside the jungle of Peru exists a river known as the “Boiling River”. The river, called Pachitea in the regional Mayantuyacu dialect, is a tributary of the Amazon and has become famous for its warm temperatures, brought about by natural geothermal springs. Or is it so? Old oilfields litter the landscape that the river cuts […]
Preparations under way for drilling and construction at Nevis project
June 21, 2016
Final preparations are underway to build a geothermal facility in Nevis. The coordination is being handled by developer Thermal Energy Partners LLC (TEP) through its affiliate NRE International (NREI), which has begun a series of final design reviews and analysis of utility interconnection. Joining TEP and NREI in the venture are technical teams from Turboden […]
Cuban government orders state enterprises to cut oil & electricity consumption by 20%
June 21, 2016
Cuba is taking measures to deal with a fuel shortage as its largest trading partner, Venezuela, fails to uphold previous agreements. Approaching July and August when demand for energy generally increases, the government has ordered state enterprises to reduce oil consumption and electricity use by 20%. The expected shortage has resulted in measures to reduce […]
Antigua’s airport solar power plant exceeds expected performance
June 21, 2016
Antigua’s first major infrastructure project to utilize renewable technology has exceeded expectations and generated revenue of more than USD 1 million. The ground-mounted solar power plant at the V.C. Bird International Airport is a 3 MW Sun2live system that was installed and is operated and maintained by the UK-based clean energy provider PV Energy Limited. […]
USAID Caribbean clean energy program helps green the grid
June 20, 2016
A clean energy program led by USAID aims to help Caribbean nations meet the ambitious renewables targets set at COP21 in Paris last year. Energy specialists from the Barbados Energy Division, the Caribbean Electric Utility Services Corporation (CARILEC), the Caribbean Community (CARICOM), and various electric utility companies, regulators, financiers, international donor organizations, and equipment suppliers all […]
Caricom progress on renewable energy
June 20, 2016
The CARICOM community continues it progress on renewable energy targets despite financial constraints and political will varied by country. Organizational leaders will meet next month to sign an agreement and officially launch the Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) in Barbados. CARICOM leaders are taking climate change seriously – T& T Minister, Dr […]
Agreement to finance the first biomass cogeneration plant in Cuba
June 20, 2016
A loan contract to build and implement the first biomass cogeneration plant in the country has been signed by local sugar group Azcuba and the British company Havana Energy Ltd. It is estimated that the plant will use sugar-cane bagasse as the main source of fuel for cogeneration, with a capacity of 60 MW. Un […]
El Salvador invites bids for expanded, 170-MW renewables tender
June 19, 2016
El Salvador’s power distributor, Delsur, has invited local and international parties to participate in the second tender for renewable energy contracts. In this round, the utility has increased the maximum capacity targeted from 150 MW to 170 MW. All contracts awarded will carry a term of 20 years. Those must complete an inscription between June […]
Energy storage market to equal rooftop solar by 2028
June 18, 2016
Bloomberg New Energy Finance projects that utility-scale batteries will be as widespread as rooftop solar by 2028. Bloomberg New Energy Finance (BNEF) expects 25 GW of battery devices to be deployed by 2028. According to Bloomberg storage analyst, Julia Attwood, “Batteries could offer a whole range of services to the grid — they have the […]