Market News - Page 318 of 386 - New Energy Events

Chile approves 450 MW solar + storage project
March 9, 2017
SolarReserve announced it has received approval from the government of Chile to construct a 450-MW solar facility with energy storage. The Tamarugal Solar Project in the Tarapaca region of Chile will consist of three 150-MW solar thermal towers, each with 13 hours of full-load energy storage and 5.8 GW/h of total energy storage capacity. “SolarReserve’s […]
Colombia issues rules for small-scale solar PV
March 7, 2017
The government of Colombia has published the Decreto 348 del 1 de marzo de 2017, a new piece of legislation to support the installation of small and medium-sized renewable energy and solar power generators across the country. The new regulations will apply to renewable energy power generators with a capacity of up to 100 kW […]
Jamaica at 15% renewables, ahead of schedule for 2030 goal
March 6, 2017
Jamaica is ahead of schedule in achieving 30 per cent of its energy consumption from renewable energy sources by the year 2030. Speaking at the launch of the Sustainable Energy and Climate Change Master’s Programme at the University of Technology (UTech), today, Minister of Science, Energy and Technology, Dr Andrew Wheatley, pointed out that Jamaica […]
Nicaragua offers attractive incentives to geothermal developers
March 6, 2017
In a recent article by a lawyer from Nicaragua, an overview is given on the tax incentives for geothermal project development In Nicaragua. The country offers attractive tax incentives based on Act 443, “Law on the Exploration and Exploitation of Geothermal Resources” and any amendments thereto, published on November 17, 2014. The tax incentives available, […]
Argentina to finalize more PPA’s this month
March 6, 2017
Six bioenergy and small hydro projects that won the RenovAr 1 auction are due to sign their power purchase agreements (PPAs) by March 2, Energia Estrategica said. The other 23 winning projects from that auction round have already concluded their contracts. Energia Estrategica also reported that the government would extend by one more month, till […]
EU commits $2.5m to micro-utility Sigora Haiti
March 3, 2017
The European Commission‘s electrification financing initiative, ElectriFI, has made its first investment of US$2.5 million in clean energy micro-utility Sigora Haiti, supplying households, schools and small firms with electricity. ElectriFI received 290 proposals in response to its first call for investment in April 2016 before passing management of the €75 million fund on to the Association of European Development Finance […]
IFC, AMC invest $100m to support LatAm clean energy transition
March 2, 2017
IFC and AMC are giving a boost to a new Latin American player, who recently acquired assets in Chile, Peru, Brazil, Argentina, Ecuador, El Salvador, and Guatemala. IFC, a member of the World Bank Group, and the IFC Global Infrastructure Fund (GIF), a fund managed by the IFC Asset Management Company (AMC), invested a combined […]
World Bank approves $480m for Argentina renewables sector
March 2, 2017
The World Bank board of directors approved a $480 million guarantee to mobilize private sector investment in the renewable energy sector and help Argentina meet its goal of twenty percent renewables by 2025. “The support of the World Bank is facilitating progress in our country to achieve in a few months what was not done […]
Bahamas prepares to connect small-scale solar PV
March 2, 2017
Bahamas Power and Light is weeks away from bringing rooftop solar PV to businesses and homeowners. During an interview with local radio show, Minister of Environment and Housing Kenred Dorsett said Bahamas Power and Light (BPL) is making preparations to connect small scale PV to its electricity grid. “BPL indicated last month that they are […]