Market News - Page 312 of 345 - New Energy Events

Dewhurst Group Selected as Lead Geothermal Project Manager for KfW Fund
May 17, 2016
KfW announced the launch of Geothermal Development Facility, Latin America – a multi-donor climate initiative to promote geothermal energy in Latin America. The fund will provide grants for exploration studies, exploratory drilling and some technical assistance. Qualified developers in Chile, Bolivia, Peru, Ecuador, Colombia, Costa Rica, Nicaragua, El Salvador, Honduras and Guatemala can apply for funding. IDA […]
Latin America: Big credit line for development of geothermal energy from German bank
May 16, 2016
Germany’s Ministry for Economic Cooperation and Development (BMZ) and Development Bank of Latin America (CAF) signed an agreement to promote the development of energy projects in Colombia, Ecuador, Peru, Bolivia, Chile and Mexico. The first credit line of €250 million (c. $286 million) will be allocated to lowering financing that CAF grants to geothermal projects in the region. The […]
U.S. seeks greater energy integration in Central America and Caribbean
May 15, 2016
In an attempt to move away from volatile oil markets in Latin America, U.S. Vice President Joe Biden urged Central American and Caribbean leaders to move toward more integrated and diversified sources of energy. Forward of the upcoming Energy Summit in Washington D.C, the U.S. Vice President said: “We just have to harness that momentum […]
Jamaica: 33.1 MW PV plant awarded at record low price per kWh
May 12, 2016
Jamaica’s Office of Utilities Regulation announced that Eight Rivers Energy Company (EREC) is the winner of the energy procurement auction for a 33.1 MW solar project. EREC set a record by proposing the lowest electricity price for solar power in Jamaica – just 8.54 US cents per kWh. “The OUR is pleased with the proposed all-in […]
Geothermal Research and Development Center opens in Mexico
May 12, 2016
The Mexican Center for Innovation in Geothermal Energy, CeMIE-Geo, is an academia-industry alliance supported by the Mexican Secretary of Energy (SENER) and the National Science and Technology Council (CONACYT) aimed to promote and accelerate the use and development of geothermal energy in Mexico. The center is located in Ensenada, Baja California.
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 […]