Market News - Page 303 of 340 - New Energy Events

Argentina delays 1-GW tender
June 17, 2016
Interest from local and foreign sector players has convinced Argentine public utility Cammesa to delay publishing the final version of the documents for the country’s 1-GW renewables tender. The 15 day extension will last through July 1 and interested parties can comment and make suggestions about the preliminary rules during that period. The government seeks […]
Costa Rica adds hydroelectric dam to clean energy grid
June 17, 2016
After six years of construction, Costa Rica’s USD 1.4 billion Reventazon Hydroelectric Project is almost fully online. Three of the facility’s four turbines are functioning, each pumping out 73 MW of electricity, and the fourth will join them in August. At full capacity the facility creates enough energy to supply 525,000 families with power. The […]
El Salvador begins auction process for 170 MW of renewables
June 16, 2016
El Salvador has published the rules for a highly anticipated auction of renewable energy projects, in which 170 MW of renewable energy in solar and wind will be bid on. The rules are being released over a month late, delayed because greater capacity for wind has been added to the auction. Currently 100 MW is […]
England appoints former Ambassador for Climate Diplomacy as Ambassador to Cuba
June 15, 2016
Mr. Anthony Cole has been appointed as ambassador to Cuba. Currently the Ambassador-at-large for Climate Diplomacy, Mr. Stokes has spent his diplomatic career working for climate security in challenging regions around the world. It is expected that he will bring a geo-political savvy to this new post in Cuba, a country poised for growth in a […]
Honduras switches on 43-MW biomass plant
June 15, 2016
This week the Honduran Green Power Corporation inaugurated a 43 MW biomass plant. Located in the Sula Valley, the project will move Honduras one step closer to reaching its target of 80% renewables. The plant, which cost USD 130 to construct, will process grass, pinewood, palm tree and sugar cane bagasse.
EDC eyeing geothermal opportunities in Mexico
June 14, 2016
Philippines-based geothermal firm, Energy Development Corp (EDC) is considering investment in a site in Mexico “We’re not doing anything yet – but we’re studying. Mexico’s energy sector is privatizing, deregulating so we want to take a look,” said EDC president Ricky Tantoco. The commitments of Latin American governments since the Paris COP21 agreement have led […]
USAID project bolsters Dominica’s climate change resilience
June 13, 2016
Dominica continues to work on recovery efforts from Tropical Storm Erika, which hit the island last year. A USAID-funded project will help to improve resiliency against climate change and future storms. United States ambassador to Barbados, the Eastern Caribbean and the Organization of Eastern Caribbean States (OECS) Linda Taglialatela praised the $9.5 million Rallying the […]
Jamaica’s solar PPA breaks records at 8.5 cents/kWh: who’s the big winner?
June 13, 2016
The recent PPA awarded at 8.54 US cents/kWh for a 33.1 MW PV project now ranks solar energy as the cheapest source of electricity in Jamaica. Eight Rivers Energy Company Limited (EREC) won the bid, beating out 18 competing projects. “Yes, it is lean – there’s not a lot of fat – but I think […]
Chinese banks consider financing 300-MW PV project in Argentina
June 13, 2016
Argentina’s provincial government announced that two Chinese banks, the Chinese Export-Import Bank and the Commercial Bank of China, are interested in funding a 300 MW solar project. A delegation from Argentina travelled to Beijing to present the PV project and received “favorable financial conditions on interest.”