Market News - Page 310 of 345 - New Energy Events

Mexico issues draft guidelines for second power auction
June 2, 2016
Mexico’s second clean energy power auction is scheduled to be held on September 30th of this year. Recent nationwide reforms opened the energy sector for private investment. The move has been extremely popular with international players like Enel Green Power, SunPower and Recurrent Energy – all who won clean energy certificates (CLEs) under the first auction. […]
St. Lucia: LED lighting to cut government spending on electricity by a third
June 2, 2016
The installation of LED bulbs in street lamps is expected to cut government spending on electricity by one third annually. Savings will total $6 million per year. The board of directors of the Caribbean Development Bank approved $9.5 million in funds for the project. Saint Lucia’s Energy Minister, Hon. Dr. James Fletcher, stated that the […]
Peru’s wind, solar output rises 54% in April
May 31, 2016
Over the past year, Peru experienced a tremendous growth in wind and solar generation. Total power reached 4,293 GWh, a 9% increase from the previous year thanks to the 97 MW CE Tres Hermanas wind park in the Ica region. Hydropower plant output grew 7.1% on the year to 2,369 GWh, while thermal plants generated […]
Uruguay to export wind energy to Argentina
May 31, 2016
Wind farm developer Ventus and Argentinian energy trader, Saesa, have signed a deal to export electricity through their respective energy companies. As Uruguay’s wind sector expands, with total capacity expected to hit 1.2GW by the end of 2016, the opportunity to trade with Latin American neighbor has become even more promising. Argentina has a deep […]
Online course on geothermal exploration offered for Latin America & Caribbean professionals
May 29, 2016
A “Basic Course in Geothermal Exploration for Regional Integration” will be offered by the National Energy Board of El Salvador, the University of El Salvador and LaGeo, in collaboration with the Inter-American Development Bank (IADB). Two sessions will be offered online, starting on July 18th and 25th respectively, and running for 8-9 weeks. The course has […]
PV + storage on St. Eustatius will meet 23% of power demand
May 27, 2016
PV Magazine recently published an article about Germany-based SMA Solar Technology‘s recently completed PV + storage project on the Dutch island of St. Eustatius. The system will generate 23% of the island’s 13.5 GWh annual electricity demand, cutting diesel use by 800,000 liters annually. “The project fully integrates three different energy sources on a large scale […]
Guadeloupe: geothermal exploration license granted
May 25, 2016
The French government granted the island of Guadeloupe a license to explore for geothermal in the area of Vieux Habitants. The license will allow exploration through geological, geophysical and geochemical surveys to be conducted over the next five years. The first part of the study, which involves surface exploration, is expected to be finished by […]
Russia to install four power generators in Cuba
May 24, 2016
Russian electrical power generating company Inter RAO will install four power generators in Cuba. Generators will be operational by 2025. Each generator will produce 200 MW annually. As a point of reference, one MW can power approximately 1000 homes. An agreement between Moscow and Havana for the project was signed in October. Read more […]
St. Vincent and the Grenadines receives funding for geothermal energy development
May 21, 2016
In an effort to further develop the renewable energy sector of St. Vincent and the Grenadines, the Caribbean Development Bank has signed an Memorandum of Understanding (MOU) with the Government of the United Kingdom, through its Department for International Development. The high costs of energy in SVG have long been ranked as a major obstacle […]