Market News - Page 308 of 340 - New Energy Events

Caterpillar CEO Leads Company Delegation to Cuba
May 11, 2016
Caterpillar executives and representatives from RIMCO travelled to Cuba in mid-May to meet with government representatives. “We believe in the power of engagement, and our goal is to be both a business and cultural partner in Cuba for many years to come,” said Doug Oberhelman, Chairman and CEO of Caterpillar. “For nearly 20 years, Caterpillar […]
US to provide funding for Caribbean and Central American renewables projects
May 11, 2016
Following the Caribbean Energy Summit held last week by Joe Biden, US Secretary of State John Kerry announced new funding for Caribbean and Central America renewable energy projects that bolster regional energy security. Secretary Kerry announced that, “USAID funding associated with the Caribbean and Central American renewable energy project is going to come online tomorrow, May […]
Update on St. Kitts & Nevis geothermal projects
May 10, 2016
At a regional CARICOM-sponsored geothermal meeting, Energy Minister Ian Patches Liburd announced that St. Kitts and Nevis are pursuing separate geothermal exploration projects. “The federation of St Kitts and Nevis as a destination is therefore self sufficient in opportunities for solar, wind and geothermal powered development. For that reason as a responsible administration it is […]
Aruba: storage top obstacle for progress on renewables
May 9, 2016
Aruba’s Prime Minister, Mike Eman, told climate wire that the nation will source half of its energy from renewable sources by the end of this year. In order to achieve its target of 100% renewables by 2020, Aruba will face the challenge of constant energy flows from PV and wind sources. “When you have a […]
Latin America eyes volcanoes to fire up clean development
May 6, 2016
Mexico and Costa Rica plan to reduce their dependence on fossil fuels via geothermal and hydropower, part of an effort to meet the goal adopted by governments in the new Paris climate change agreement to keep global temperature rise “well below” 2 degrees Celsius above pre-industrial times. In 2015, 73 percent of Costa Rica’s energy […]
Jamaica reviews waste to energy proposals
May 5, 2016
Jamaican Minister of Local Government and Community Development, Hon. Desmond McKenzie, reported that a number of local and international companies have expressed interest in constructing waste-to-energy plants on the island. Proposals were submitted in response to an announcement made in March by Hon. Andrew Holness, in which he said that Jamaica will seek to implement […]
Nicaragua firm launches biomass plant
May 4, 2016
A Nicaragua-based firm is extracting energy from waste products from sugarcane and sorghum. Bagasse, a fibrous matter that remains after the stalks are crushed to extract their juices, will be processed through a 38 MW plant in San Rafael del Sur, helping the country to meet 5% of its electricity demand. With the inauguration of the […]
Fortune favors the bold: St. Vincent moves swiftly to develop geothermal
May 2, 2016
In a region which has struggled to get its geothermal ducks in a row, everything appears to be coming together in Saint Vincent and the Grenadines, for what could be the first geothermal project built in the Caribbean in 30 years. “There’s no reason we should be the first, but we might be because we […]
Grenlec and Aris test solar-wind lighting technology
May 2, 2016
Grenada’s utility, Grenlec, has partnered with Aris Wind to explore the application of solar-wind lighting technology. Last February Aris installed a Remote Power Unit (RPU) on an island roundabout. These devices capture both wind and solar energy to power LED streetlights. Read more about RPUs here. Eddy Rugel, Aris’ Vice President of Business Development, confirmed, […]