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Market News

  • New $50m UAE-Caribbean Renewable Energy Fund strengthens ties between UAE and Caribbean countries

    January 18, 2017

    At the IRENA General Assembly meeting this week in Abu Dhabi, the United Arab Emirates (UAE) announced a landmark new $50 million fund for renewable energy projects in Caribbean island countries. The new fund will seek to conclude project agreements with several countries per year. Designed for flexibility, it can support renewable energy projects both […]

  • Chile: Elecnor to build 115 MW solar

    January 18, 2017

    Spain’s Elecnor SA said on Monday it has been awarded a $117.2m contract to build the 115 MW Santiago Solar plant in Chile. The company has been hired for the job by the project company, owned by EDF Energies Nouvelles, which in turn is the renewables arm of French power producer EDF, and local developer […]

  • Barbados: EU support to boost green vehicles and sustainable energy technologies

    January 17, 2017

    The European Union Delegation in Barbados recently acquired an electric vehicle as part of its fleet, and there are more advancements coming to the island’s sustainable energy programs. Ambassador Daniela Tramacere said: “As one of the leading institutions championing the cause of green energy in the world the EU was delighted to enhance its fleet with […]

  • El Salvador: $49/MWh solar in latest auction to bring 170MW wind and solar

    January 13, 2017

    Five projects totaling 169.9 MW comprising solar and wind projects were awarded this week in El Salvador’s second renewable energy auction. Winning bidders included a 50 MW wind project at $98.78/MWh and 119.9 MW of solar PV projects ranging from $49.55 – $67.24. According to El Salvador’s National Energy Board (CNE), the awarded projects will represent […]

  • Fifth Caribbean Sustainable Energy Forum: 23-25 January, The Bahamas

    January 13, 2017

    New Energy Events is pleased to support CARICOM’s headline energy event, the Fifth Caribbean Sustainable Energy Forum (CSEF V), which will be held at the British Colonial Hilton in Nassau, The Bahamas, from 23-25 January, 2017. Now in its fifth iteration CSEF V is widely regarded as the must-attend clean energy event for the Caribbean […]

  • Chile approves Ibereólica’s 446MW solar PV plant

    January 11, 2017

    Chile’s environmental authority (SEA) approved Ibereólica’s 446MW solar photovoltaic project. The $535m project Elena, located to Chile’s Antofagasta district, will be one of the most ambitious solar projects in the region. The project consists of the construction and operation of two identical Photovoltaic Plants (FV-1 and FV-2) of 223 MW each, so that there will […]

  • Peru identifies sites for hydropower and wind potential

    January 11, 2017

    This week, Peru’s Ministry of Energy and Mines (MEM) released updated maps showing hydroelectric potential in the South and wind potential across the country. The following basins were identified as having great potential for optimal electricity generation: Apurímac, Madre de Dios, Purús, Grande, Chili, Tambo and Titicaca. This work was developed as part of the agreement […]

  • Mexico eases path to small-scale solar PV

    January 11, 2017

    Mexico has launched a guide for the interconnection of power generation systems smaller than 500 kW, outlining the technical and administrative aspects of the process. The Secretariat of Energy (SENER) said Tuesday that the government has also taken measures to simplify the procedures for the connection of distributed generation (DG) systems, such as rooftop solar […]

  • Five-in-Five: Dr. Devon Gardner on Sustainable Energy in the Caribbean

    January 10, 2017

    New Energy Events interview series, Five-in-Five, features concise and incisive interviews with leading industry players. We’ll be putting five market-critical questions to each of our interviewees over the course of a five minute segment. Ahead of the Caribbean Sustainable Energy Forum (CSEF) in late January, New Energy Events spoke with Dr. Devon Gardner, Programme Manager for Energy and […]

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