Market News - Page 302 of 386 - New Energy Events

Drilling rig soon to arrive at Nevis geothermal project
September 12, 2017
With limited news over the past few months, the developer of the geothermal project on Nevis in the Caribbean has now announced that it was able to clear the site for the drilling rig a mere four days prior to the arrival of Hurricane Irma. With the completion of the preparation, the Nevis Geothermal project […]
Construction begins at Peru’s largest wind farm
September 7, 2017
Enel Green Power Peru has started construction on Wayra I, a 132 MW wind farm project in the district of Marcona, in the Ica region. When completed, the $165 million Wayra I will be Peru’s largest wind farm. “The construction of Enel’s first wind farm in Peru furthers our presence in the country and demonstrates our […]
Guyana’s oil boom and how the private sector can catalyze transformation
August 23, 2017
Guest Editorial written by Sally Yearwood, Executive Director of Caribbean Central America Action. The emergence of Guyana as the new frontier for oil and gas exploration has brought the South American nation to the threshold of unprecedented economic expansion. Current estimates of the three wells that have been confirmed thus far suggest that Guyana could be producing 500,000 […]
Haiti to build hybrid solar/wind power plant
August 23, 2017
Earlier this month, Haitian leaders gathered at the construction site of what will be a 160 kW hybrid diesel/wind/solar power plant – a technology first for Haiti. President Jovenel Moïse, accompanied by his Special Energy Advisor, Evenson Calixte, and the Member of Parliament for the constituency, went to the commune of Irois (Department of Grand’Anse), […]
Haiti’s new hybrid solar smart grid is largest in Caribbean
August 23, 2017
Haiti’s new hybrid smart grid project is up and running, and is already providing 450 kW of clean energy to facilities including a school, a hospital and a car repair shop. Together with the Biohaus Foundation, NPH Germany (a local charity organization), will use this hybrid smart-grid to power all of its facilities in the Haitian […]
Geothermal leaders meet in Central America to explore increased geothermal capacity
August 23, 2017
Central American countries are world leaders in terms of installed geothermal energy, but have the potential for 20 times current installed capacity. This geothermal potential could serve as a key tool to low-carbon economic development, according to the International Renewable Energy Agency (IRENA), if regional governments can adopt the policy and regulatory frameworks necessary to […]
Mexico and Chile wind farms secure significant project finance
August 21, 2017
In Chile, Aela Energy has obtained US$410mn for two wind farms, while Zuma Energia has borrowed US$600mn for what will be Latin America’s largest wind farm, located in Mexico. Aela Energy is a joint venture between Mainstream Renewable Power and Actis. The project financing will be provided by the Inter-American Development Bank, BTMU, SMBC, Korean […]
Barbados to retrofit 13 government buildings with solar PV
August 21, 2017
The Barbados government is set to begin a $5.5 million solar rooftop project in October. Local developer, Solar Watts Systems, Inc., will retrofit 13 government buildings with solar PV, with the first install at government headquarters. Senator Darcy Boyce, who is the minister for energy, has overseen the agreement, which includes funding from the Inter-American Development […]
Puerto Rico utility to add 240 MW solar
August 21, 2017
By June 2019, Puerto Rico power utility Autoridad de Energia Electrica (AEE) will add 240MW of solar capacity. These plans were revealed in a press conference by AEE director, Ricardo Ramos Rodríguez, who noted that the capacity will be generated by large-scale PV projects built through private investment. All projects are already contracted. A further 300 […]