Market News - Page 330 of 346 - New Energy Events

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 […]
Antigua and Barbuda’s green energy push
November 6, 2015
Antigua and Barbuda are working hard to capitalize on an abundant supply of sunshine and green energy. A solar farm at Antigua’s newly-redeveloped VC Bird International Airport will have an installed capacity of 3 MW and the government is planning the placement of 2 MW installations on government buildings around the island. Additional plans to utilize […]
Dominica gets first electric vehicle
November 6, 2015
Transmission and distribution manager Lemuel Lavinier says taht a new electric vehicle is among a list of energy, efficiency and renewable initiatives at Dominica Electricity Services Ltd (DOMLEC). The Nissan Leaf was sourced in Barbados at a cost of EC$122,439 and selected because of its popularity and high safety ranking on the U.S. National Highway […]
Cuba sets renewable energy goals
November 5, 2015
Cuba has big plans to achieve renewable energy goals as restrictions on foreign investment are slowly lifted. Although the participation by U.S. firms is still hampered by the embargo, which requires a special license from the Office of Foreign Assets Control, the Cuban market represents potential for both U.S. equipment manufacturers and investors. Capital investments […]
Barbados to benefit from $9 million EU energy boost
November 5, 2015
An agreement signed between Barbados and the European Union is part of a plan to cement relations between the Caribbean and the Union. The EU will invest US$9.1 million to develop the local energy sector under the Barbados National Indicative Programme (NIP). Disbursed under the 11th European Development Fund (EDF), the investment will support the […]