Market News - Page 331 of 337 - New Energy Events

Enel Profit Rises on Latin America Demand, Renewables Growth
August 2, 2015
Increasing rates of electricity use and renewable energy integration in Latin America translates for increased profits for Italian utility, Enel. Profits for the first-half of the year are up 3.4% in Latin America, whereas in Italy, where energy usage is on the decline, profits have decreased by a half percentage point.
Caribbean Seeks Funding for Renewable Energy Mix
August 1, 2015
Referring to the Caribbean as “a ticking time bomb,” president of the Ocean Geothermal Energy Foundation (OGEF), Jim Shnell, highlighted the importance of transitioning to reducing the pace of climate change by increasing island renewable energy mix. OGEF, an organization that seeks to fund the R&D needed to tap into the earth’s vast geothermal energy resources, […]
Hydropower Study in Guatemala Funded by CABEI
August 1, 2015
The Central American Bank for Economic Integration (CABEI), co-host of the Central American Renewables Investment Summit, will provide financial assistance totaling $80,000 to conduct a study for a mini hydropower plant in the Southern Coast region of Guatemala. The pre-investment study is funded by the Accelerating Renewable Energy Investment in Central America and Panama (ARECA), a […]
1 MW Photovoltaic System to be Installed on Panama Hospital
July 31, 2015
US renewable energy firm, Greenwood Energy, will build and operate a 1 MW photovoltaic system at the Chiriqui Hospital in Panama’s second largest city, David. According to Greenwood’s CEO, Camilo Patrignani, this project will improve power reliability while also cutting utility costs at the hospital. The PV system will be built on a 30 year […]
Caribbean-Central American Action announces 39th Annual Conference – 2015 Event to Focus on Cuba
July 31, 2015
Caribbean-Central American Action announces 39th Annual Conference – 2015 Event to Focus on Cuba Caribbean Central American Action (CCAA) recently announced that its 39th Annual Conference on Central America and the Caribbean will take place in Miami from November 15-17. With a focus this year on Cuba, experts from the areas of business, government, academia and […]
Caribbean Development Bank Approves Loan for Anguilla Solar
July 28, 2015
In pursuit of a targeted 30% renewable energy by 2030, the Government of Anguilla borrowed $2.3 million USD to fund the installation of 1 MW of solar. This project will allow the Anguilla Electricity Company Limited (ANGLEC) to monitor the impact of the introduction of intermittent renewables into the energy matrix. The loan was provided […]
Guatemala’s El Ceibillo Project Moves Forward
July 28, 2015
U.S. Geothermal Inc. Guatemala has been granted approval to modify the development schedule of the El Ceibillo geothermal project. Though the initial request for a schedule modification was submitted in 2013, the change is expected to be signed into action within the next month. The modified schedule will have the project operating commercially by 2018.
Mexico Awards Concessions and Exploration Permits for 5000 MW of Geothermal Power
July 28, 2015
Last week, Mexico’s Energy Ministry signed on to develop and explore 5,000 MW of geothermal power. A total of five geothermal concessions and 13 exploration permits were awarded to national power utility, Comision Federal de Electricidad (CFE).
Jamaican Energy Prices Fall Dramatically
July 27, 2015
The price of a kilowatt hour in Jamaica has dropped in the past 12 months from .46 cents/kwh in 2012 to .26 cents/kwh today. According to the Jamaican Ministry of Energy & Mining, this reflects the adoption of substantial renewable energy and energy efficiency programs. Retrofits include “cool roofs”, solar power and improved air condition […]