Market News - Page 318 of 346 - New Energy Events

Peru’s current installed wind capacity is 1% of total potential
April 8, 2016
This week Peru’s Ministry of Energy reported that the country’s 339.15 MW of wind is only 1% of its total potential wind capacity. At this time, there are four wind farms in Peru, three of which went live in 2014. The largest of these farms, Tres Hermanas, was turned on last month.
IDB annual assembly focuses on role of private sector, clean energy
April 8, 2016
This year’s annual IDB assembly focused on the role of the private sector in addressing the need for clean energy and the threat of climate change. Fabrizio Opertti, the IDB’s head of Trade and Investment said that the goal of the meeting is to create a “mechanism for hemispheric dialogue” between the private and public sectors. […]
Solar in Mexico will now grow by 521 percent in 2016.
April 5, 2016
In Mexico’s first Clean Energy Auction, 11 solar projects were awarded contracts. Together, these projects will produce 4 million megawatt hours per year. Project developers include: The winning projects are from seven developers: Enel Green Power with 992 megawatts and 2.25 million Clean Energy Certificates (CELs) SunPower with 509 megawatts and 989,265 CELs (includes projects by local […]
SunPower wins 500MW solar power projects in Mexico
April 4, 2016
SunPower secured a PPA for a 500 MW solar project in Mexico in the recent renewable energy auction. This includes a 400 MW installation in Yucatan and a 100MW installation in Guanajuato. These projects account for 25% of solar energy awarded in the auction, according to Mexico’s National Center for Energy Control (CENACE). SunPower president and […]
Caribbean’s largest solar plant goes live
April 2, 2016
A 33.4 MW solar plant was inaugurated in the Dominican Republic this week. Designed and developed by the Phanes Group, the plant is the largest in the Caribbean to date. By 2016, the plant’s capacity will be increased to 67 MW. “This project is a demonstration of how multiple stakeholders can work together to co-develop […]
Barbados Agricultural Society seeks solar
April 1, 2016
James Paul, CEO of the Barbados Agricultural Society (BAS), says that access to affordable solar will cut operating costs for farms, which in turn will cut the cost of food for consumers. According to Paul, the agricultural sector in Barbados has not seen any programs to engage farms in the renewable energy discussion. “We have […]
Be Big or Act Big: Enel, Enersur, and Grenergy Dominate in Peru’s 4th Renewable Energy Auction
April 1, 2016
It seems that if you want to play in Peru you have to be big; that – or you have to act big. Recent winning bids in Peru’s renewable energy auction came in at record breaking prices of $47.98/MWh and $36.84/MWh for solar and wind energy, respectively. Two winning developers – Enel Green Power and […]
New Energy Events Launches Bimonthly Newsletter
April 1, 2016
Alongside a growing portfolio of conferences, New Energy Events has moved recently to provide news and intelligence on the LAC renewable markets to its constituency of over 8,000 market participants. As part of that mandate, we are excited to announce the launch of a bimonthly newsletter which will feature curated coverage of developments across the […]
Peru’s wind & solar output rises 17% in Feb 2016
March 30, 2016
Peru’s Ministry of Energy announced that wind and solar energy output increased by 17.4% in February 2016. Hydropower plants and geothermal plants also saw an increase in energy output.