Market News - Page 329 of 339 - New Energy Events

OTEPI, along with partner UGE, continue success in Panama with large-scale commercial project to cut energy use
September 4, 2015
A leading storage company in Panama, Mega Storage, will offset 30% of their energy use after signing a deal with OTEPI to install solar on all of their facilities. Commercial and industrial projects, such as this one, provide private companies with more predictable expenses, reduces their risk to volatile energy prices, and increases their overall […]
COO of OPIC, John Morton, imparts importance of clean energy in the Caribbean
September 3, 2015
In a recent blog post on the US State Department Website, John Morton, COO of the Overseas Private Investment Corporation (OPIC), details the importance of energy security and clean energy in the Caribbean region. Having recently signed a $43 million loan agreement with WRB Enterprises (CREF 2015 Gold Sponsor) for the construction of a 20 […]
Latin & Central America Divided Between Oil and Green Energy
August 31, 2015
The competition grows fierce between oil and green energy in Latin & Central America. With billions of dollars in fuel subsidies and tremendous renewable energy systems both installed and in the pipeline, Latin America is a continent divided. In a region where energy demands are expected to double within the next fifteen years, each country […]
Water, Climate, Energy Intertwined with Fight Against Poverty in Central America
August 31, 2015
Water, climate, energy policies are key to fighting poverty in Central America. According to Victor Campus of the Humboldt Center, an environmental think-tank in Nicaragua, Central American poverty cannot be solved without universal access to a sustainable power supply, water and climate change adaptation techniques. Developing tools in these domains is critical to the success […]
Indonesia and Costa Rica Sign Geothermal Cooperation Agreement
August 28, 2015
Indonesia and Costa Rica have signed a framework to increate bilateral cooperation between the two countries. According to the Jakarta Post, the Indonesia Foreign Minister Rento LP Maraud and Costa Rica’s Foreign Minister, Manuel Gonzalez Sanz, signed an agreement of cooperation on Sunday of last week. Though the agreement includes multiple sectors, such as disaster […]
El Salvador Geothermal: Drilling Starts on Well for 10 MW Power Plant
August 28, 2015
El Salvador geothermal takes another step forward. The government of El Salvador announced that drilling at the Chinameca geothermal site started this week. The well will produce an estimated 8 – 10 MW of energy by 2017. By 2019, the site will produce 50 MW annually. According to Comisión Ejecutiva Hidreléctrica del Río Lempa, David […]
Geothermal Project in Chile Heats Up
August 27, 2015
Chile’s first geothermal project comes to life. After 40 years of exploration and drilling, drilling for Chile’s first geothermal project at Cerro Pabellón is finally underway. Marcelo Tokman, General Manager of Chile’s utility, ENAP, highlighted the importance of geothermal exploration in a region that is heavily dependent on fossil fuels. ENAP shares ownership of the plan […]
Jamaica’s Grid to be 12.5% Renewable by 2016
August 27, 2015
According to Jamaican Energy Minister and CREF 2015 speaker, Phillip Paulwell, Jamaica is expected to source 12.5% of energy for its grid from renewable sources by the end of 2016. Paulwell continues to push for Jamaica to hit the national target of 30% renewables by 2020. Contributing to the increased share of renewables are 78MW of […]
Costa Rica’s Carbon Neutral Path
August 24, 2015
Will Costa Rica be the world’s first carbon neutral country? In 2012, Costa Rica declared its intention to reach carbon neutrality. This year, the country has generated 94% of its energy from renewables. Between May to August, the country operated exclusively off of renewable energy for 94 days, beating its own record from earlier this […]