Market News - Page 309 of 346 - New Energy Events

Agreement to finance the first biomass cogeneration plant in Cuba
June 20, 2016
A loan contract to build and implement the first biomass cogeneration plant in the country has been signed by local sugar group Azcuba and the British company Havana Energy Ltd. It is estimated that the plant will use sugar-cane bagasse as the main source of fuel for cogeneration, with a capacity of 60 MW. Un […]
El Salvador invites bids for expanded, 170-MW renewables tender
June 19, 2016
El Salvador’s power distributor, Delsur, has invited local and international parties to participate in the second tender for renewable energy contracts. In this round, the utility has increased the maximum capacity targeted from 150 MW to 170 MW. All contracts awarded will carry a term of 20 years. Those must complete an inscription between June […]
Energy storage market to equal rooftop solar by 2028
June 18, 2016
Bloomberg New Energy Finance projects that utility-scale batteries will be as widespread as rooftop solar by 2028. Bloomberg New Energy Finance (BNEF) expects 25 GW of battery devices to be deployed by 2028. According to Bloomberg storage analyst, Julia Attwood, “Batteries could offer a whole range of services to the grid — they have the […]
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 […]