Market News - Page 328 of 346 - New Energy Events

The Bahamas could vanish if climate change is not reversed
December 4, 2015
Bahamas’ Prime Minister Perry Christie warned that “with 80 percent of our land within one metre or five feet of mean sea level, business as usual with regard to climate change threatens the very existence of the Bahamas as we know it.” This year alone, Hurricane Joaquin left the small-island nation with $ USD100 million […]
St. Kitts & Nevis PM calls for legally-binding agreement with ambitious emission reduction targets
December 3, 2015
This week at the COP 21 meetings in Paris, Prime Minister Dr. Timothy Harris of St. Kitts and Nevis called for a “legally-binding agreement with ambitious emission reduction targets.” In order to mitigate the current and future impacts of climate change, the St. Kitts delegation seeks that five-year commitment cycles with review. According to the […]
IDB to help Costa Rica boost renewables and grid capacity
December 1, 2015
The Inter-American Development Bank (IDB) has extended a USD 500 million credit line to Costa Rica to increase its renewable energy capacity and to expand its transmission and distribution networks. Although Costa Rica sourced 98.8% of its energy thus far in 2015 from renewable sources, energy demands will increase significantly in the future. According to […]
PPA for 9MW of geothermal power in Nevis
December 1, 2015
On Wednesday, the Nevis Island Administrations, the Nevis Electric Company and Nevis Renewable Energy International signed a PPA for the development of geothermal on the island. Geothermal power in Nevis could make the island the first to be powered exclusively by renewable energy. The first phrase of the project will supply the island with 9 […]
Barbados PM says Caribbean is open to business
November 28, 2015
Prime Minister of Barbados and Caricom Chairman Freundel Stuart urges Commonwealth members to invest in the Caribbean community. At an address at the Common Wealth Business Forum, Minister Freunel said, “There are the new and emerging opportunities in respect of agriculture and agribusiness, tourism (health and wellness), renewable energy and business/ICT-related services, and cultural industries. […]
56% of LAC energy from clean sources, says Climatescope
November 27, 2015
According to Climatescope, an index that measures clean energy in 55 emerging nations, clean energy capacity in Latin America and the Caribbean has nearly doubled in the last three years. 56% of the LAC energy now comes from clean sources. According to Michael Hofmann, green growth expert at the Multilateral Investment Fund, growth is driven by […]
Costa Rica inaugurates 50-MW hydroelectric plant
November 26, 2015
A new 50-MW hydroelectric plant in Costa Rica will reprocess water discharged from two existing hydropower plants. According to Salvador Gabarro of Gas Natural Fenosa, the company that won the bid to from the ICE to develop the project in 2008, “This power plant represents the efforts of our energy group to bring continuity to […]
Solar in Barbados – Capacity Set to Double in 2016
November 25, 2015
Over the past two years, the capacity of solar in Barbados has increased five times — from 1.6 MW in 2013 to over 9MW in 2015. Barbados’ solar capacity will double in size in 2016 when Canadian-based Emera completes the installation of a 10MW utility-scale system. The completion of this project will move Barbados several steps […]
389 MW of solar installs in Honduras in 2015
November 24, 2015
According to a report by the National Electric Energy Company, 398 MW of solar power has been installed in Honduras thus far in 2015. An additional 161 MW are scheduled to be installed for the start of 2016. Though less than 1 MW of solar was installed in 2014, Honduras has now become the second biggest […]