Market News - Page 307 of 346 - New Energy Events

BP to ship first LNG cargo through Panama Canal
June 30, 2016
In late July the Panama Canal will add LNG to the commodities that pass through its locks. A US$5.3 billion expansion project aimed at getting giant-sized tankers from one ocean to the other will open a new trade route for heating and power-plant fuel. The Panama Canal Authority said the upgraded facility will look to […]
Installation of PV modules begins on El Salvador’s largest solar project
June 30, 2016
The Providencia project in El Salvador is approaching completion with the placement of the first solar module onto the 101 MW plant. French developer Neoen divided the project into two blocks: a 76 MW PV plant, awarded in an 2014 auction, and a block of 25 MW which will provide electricity to distributors. The latter […]
PwC survey shows strong C&I demand for renewables
June 30, 2016
In the United States, renewable energy investment is taking off among private sector stakeholders. In a survey conducted by PwC, the majority of 63 major corporations which have purchased renewable capacity plan to purchase more over the next 2 years. About 80% say they are planning to build out their renewables portfolio while 69% and […]
President Obama to make clean energy pledge With Canada & Mexico at summit
June 28, 2016
North America will get half of its power from clean energy sources by 2025. This was the outcome from the “Three Amigos Summit” which brought President Obama together with leaders from Mexico and Canada. The pledge by all three countries is to obtain energy from renewable sources, nuclear power, power plants that utilize carbon capture […]
Government defends decision to buy LNG from US
June 27, 2016
The decision in Bridgetown to import LNG from the United States rather than neighboring CARICOM country, Trinidad & Tobago, is being defended as a “top up” solution to shortages during the winter tourist months. Minister in the Office of the Prime Minister with responsibility for Energy, Darcy Boyce, said that the “very, very small quantities” […]
St. Lucia’s bid for energy security: Q&A with former Energy Minister Dr. James Fletcher
June 27, 2016
Dr. James Fletcher, former Minister responsible for energy policy in the government of St. Lucia, was at the helm of the island’s energy sector during a period of rapid transition. In a candid interview with New Energy Events, Dr. Fletcher reflected on prospects for St. Lucia’s geothermal project, his fears for the impact of climate change on […]
Barbados lone Caribbean country to purchase LNG from US
June 27, 2016
Amidst renewable energy growth in the Caribbean, Barbados is the lone country to import LNG from the U.S. According to a United States Department of Energy report, Barbados imported 7, 432 million cubic feet (Mcf) of LNG during the period February 5 to April 29, 2016. The U.S. currently sells LNG to countries such as […]
IIC helps finance 54-MW solar project in Chile
June 27, 2016
More financing will help Chile continue its ascent as a Latin American leader in renewable energy. An A-loan of USD 19.7 million (EUR 17.9m) has been issued by the Inter-American Investment Corporation (IIC), and guaranteed by the Inter-American Development Bank, for the 54 MW Los Loros solar PV project in the Atacama Desert. The IIC […]
German, Mexican state banks sign MOU to promote renewable energy
June 25, 2016
Commitments by development and export banks for financing renewable energy projects in Latin America is growing and Mexico’s National Bank of Foreign Commerce (Bancomext) is next in line. A memorandum of understanding (MOU) for the promotion of renewable energy has been signed between the German Development Bank (KfW) and the Germany International Cooperation Agency (GIZ); […]