Market News - Page 318 of 335 - New Energy Events

Mexico submits request to join International Energy Agency
November 19, 2015
Mexico may become the latest country to join 29 other member countries part of the International Energy Agency. Mexican Secretary of Energy Pedro Joaquin Coldwell, upon submission of the request, made a statement saying: “This presents an excellent opportunity for the IEA to strengthen its ties with Mexico, and opens the door to greater engagement […]
Mexico presents guidelines for planned first electricity market auction
November 16, 2015
A “new energy paradigm” is developing in Mexico under the leadership of President Enrique Peña Nieto. The Energy Secretariat of Mexico recently presented guidelines for the country’s planned electricity market auction; the process will include a call for bids in the coming months and the award of contracts in March 2016. On Wednesday, Energy Secretary […]
Largest Wind Farm in Central America Opens in Panama
November 15, 2015
The wind farm Penonomé was inaugurated on Tuesday as a project designed to meet Panama’s increasing demand for energy. The largest in Central America and 13th in the world, the installation of 108 wind turbines will produce between 6% and 7% of the Country’s electricity. According to La Estrella newspaper, this is the equivalent of energy consumption […]
Geothermal exploration begins in St. Kitts
November 13, 2015
Earlier last month, a memorandum of understanding (MOU) was signed by the government of St. Kitts and Teranov, a French engineering and services company for new and renewable energy based in Guadeloupe, to begin geothermal exploration on the island of St. Kitts. The agreement includes a roadmap that paves the way for the production of […]
Canadian Solar Supplies Modules for 2.5 MW Solar Facility in El Salvador
November 12, 2015
Canadian Solar, a manufacturer of solar PV modules, announced on Wednesday that it will serve as the singular supplier of PV modules for a 2.5 MW plant located in Moncagua, El Salvador. The facility consists of 8,436 MaxPower CS6X-310P modules from Canadian Solar and together with AES El Salvador, will contribute to climate guardianship at […]
Trinidad & Tobago – Renewable Energy Target for 2021
November 10, 2015
Trinidad & Tobago has finally committed to a target for the generation of renewable energy. Concern over dwindling reserves has prompted the government to set a goal to meet 10% of its energy demands from alternative sources by 2021. Energy Minister Nicole Olivierre admitted that although it may sound insignificant, the production of 10% sustainable energy […]
Antigua Completes Construction of Solar Farm
November 10, 2015
The Government of Antigua and Barbuda hopes to reduce the country’s dependence on fossil fuels through the construction of a 3 MW solar PV farm. Last February, the government approved the Renewable Energy Act as part of a wider effort by the Organization of Eastern Caribbean States (OECS) to “update the regulatory structures for energy within […]
Jamaica Ripe For Foreign Direct Investment
November 10, 2015
According to Jamaica’s Minister of Science, Technology, Energy and Mining the Hon. Phillip Paulwell, investor confidence is growing toward the potential for revenues from green energy in Jamaica. He said that the US$89 million 36.3 megawatt wind farm being developed at Potsdam, Malvern in St. Elizabeth is an indicator that Jamaica is ripe for direct foreign […]
Geothermal Potential in Montserrat
November 9, 2015
Multi-million dollar tests carried out by Icelandic experts on the island of Montserrat indicate promising potential to generate power using geothermal energy. Montserrat currently has the highest rates in the Caribbean with residential customers paying $0.50 per kilowatt-hour for electricity, compared to the regional average of $0.33. In 2013 the UK Department for International Development […]