Market News - Page 307 of 386 - New Energy Events

Chile’s transit system to be powered by renewable energy
June 22, 2017
Chile’s capital city is set to become home to one of the first subways in the world to source a majority of its power needs from renewable energy. Metro de Santiago, Latin America’s second largest subway system, will source 60 per cent of its energy from solar and wind projects. In a statement Metro de […]
LUCELEC signs contract to construct first solar farm in Saint Lucia
June 20, 2017
Today representatives from St. Lucia Electricity Services Limited (LUCELEC) and solar energy firm GRUPOTEC signed a contract to begin the engineering, procurement, and construction for a 3 megawatt (MW) solar farm, located north of the Hewanorra International Airport at La Tourney, Vieux Fort. When connected to the grid, the solar farm’s 14,900 photovoltaic (PV) panels […]
4.1MW wave power project coming to Mexico
June 20, 2017
Upon receiving interconnection approval from Mexico National Energy Control Centre, Israel’s Eco Wave Power has revealed plans to build a 4.1MW project in Mexico’s Manzanillo Port – the first of its kind for Mexico. The 4.1MW project will be located in the Cuyutlán-Tepalcates beach area of Manzanillo in Colima state. Eco Wave Power has already completed […]
Nicaragua’s San Jacinto geothermal plant drilling additional wells
June 20, 2017
Polaris Energy Nicaragua and geothermal drilling specialist Iceland Drilling Company (IDC) have signed a contract to drill additional wells at the San Jacinto-Tizate Geothermal Power plant in Nicaragua. In 2016, three new wells were drilled by the company and a workover conducted for four existing wells. The current drilling project started last month and already last […]
JPS Board approves groundbreaking energy solution for Jamaica
June 20, 2017
The JPS Board of Directors, has approved a ground breaking hybrid energy storage solution, which pending approval from the Office of Utilities Regulation (OUR), will be the first of its kind in the Caribbean. The innovation will help to secure grid stability and reliability, in the face of increasing intermittent renewable energy. The energy storage […]
Jamaica preparing IRP for late 2017
June 20, 2017
Jamaica is developing an Integrated Resource Plan (IRP) to guide the development of a modern energy sector. The IRP will baseline the projected electricity demand and determine generation and technologies to be used over a 20 year period. The plan is slated for completion later in 2017 and will inform the investment opportunities for the […]
50 MW Bolivian solar project receives €11.5m from France
June 19, 2017
Bolivia’s largest solar plant just received an injection of funds from French Development Agency (AFD) for €11.5m financing. The funds are expected to be used to leverage additional financing for the 50MW Planta Solar Fotovoltaica Oruro. The plant is scheduled to come online in 2018. Bolivia’s state utility, Empresa Nacional de Energía (ENDE) has just […]
Dominica geothermal project moving forward
June 14, 2017
In a recent interview with local news outlet CBN4, Member of Parliament for Roseau Valley, Dr. Collin McIntyre, reported that the geothermal project of Dominica is underway in his constituency. “The geothermal project is on stream, we are looking at it in the Laudat area in terms of production and we are looking at the […]
St. Lucia geothermal project on track for drilling in 2018
June 13, 2017
St. Lucia is moving towards the next phase of their geothermal project as they complete geothermal development studies. Valerie Leon, acting Permanent Secretary in the Department of Sustainable Development, said “We are very advanced with our geothermal development. We have conducted all the geothermal studies that will give us information (and) are looking at the […]