Market News - Page 332 of 346 - New Energy Events

Jamaica to introduce net-metering program
October 31, 2015
In an effort to continue to drive down electricity prices in Jamaica, the government has introduced a program that will allow individuals to produce their own electricity and sell excess back to the grid. According to Minister of Science, Technology, Energy and Mining, Hon. Phillip Paulwell, Jamaicans electricity prices are already, “down from 40 cents per […]
The Electricity Regulatory Authority of the Cayman Islands Approves 5MW Solar Project
October 30, 2015
The Caribbean Utilities Company, Ltd. and the Electricity Regulatory Authority of the Cayman Islands (ERA) have approved a Power Purchase Agreement that will bring renewable energy to residents of Grand Cayman. A 5MW solar project, built by Entropy Cayman Solar Limited in the district of Bodden Town, will provide clean energy to 800 homes by […]
First-ever roadmap for Caribbean Islands to be 48% Renewable by 2027
October 28, 2015
A comprehensive work program to achieve renewable energy generation has been outlined by CARICOM in the Caribbean Sustainable Energy Roadmap and Strategy (C-SERMS) Baseline Report and Assessment. The report includes concrete steps for achieving the 48 percent renewables generation target set for 2027. Priority Initiatives, Policies, Projects and Activities (PIPPAs) aim to tackle existing barriers […]
SunLink Continues Expansion with 37 MW Solar Projects in Honduras
October 27, 2015
Western Honduras is the next target for SunLink’s international expansion, which will add over 1 GW of installs to the company’s portfolio. SunLink will start by adding 37 MW of solar projects in Honduras. Honduras is Latin America’s second-largest solar market. Michael Maulick, CEO of SunLink explains, “Every major player in the solar market is contemplating […]
Nicaragua: Production Testing at San Jacinto Geothermal Project to Start in January
October 26, 2015
The San Jacinto Geothermal Project in Nicaragua will move forward late this year. Polaris Infrastructure Inc., a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America anticipates drilling for the first of these three wells at the San Jacinto Geothermal Project in Nicaragua to be complete in early […]
Brazil plans to set up Latin American and Caribbean Biogas Association
October 24, 2015
Brazil’s International Centre for Renewable Energy (CIBiogas) announced on Tuesday it is planning to set up a Latin American and Caribbean Biogas Association. Argentina, Chile, Uruguay, Costa Rica, Puerto Rico and Cuba are all interested in partnering in the new agency, that will strive to foster the exchange of policies and technological know-how as well […]
Argentina: Plan for 30 MW of Geothermal Energy Could be Revived
October 23, 2015
According to local energy news site, Energia Estrategica, the enactment of Argentina’s new renewable energy law could reactivate old projects of the Genren program. Roberto Sarquis from state-owned energy company Energia Argentina SA (Enarsa) said “Launched in 2009, the Genren energy auctions have led to the installation of some wind, photovoltaic and mini hydro […]
Geothermal is an important element of Costa Rica’s renewable energy future
October 23, 2015
Costa Rica aims to become the first CO2 neutral nation by 2021. “From January to October, we produced 98.7% of our electricity from renewable energy”, says Elbert Duran, communications director of the Costa Rican Institute of Electricity (ICE). Next year, the country plans to achieve 100% green electricity. While hydropower has been the first source of […]
Mexico to spend $46 billion on wind energy in next 25 years
October 22, 2015
Mexico plans to quadruple its wind power capacity from 2.5GW in 2014 to 10GW in 2018, and to add a further 22GW of wind energy by 2040 in a $46bn push toward a low-carbon economy. As the world’s 10th largest contributor of global emissions, Mexico relies on fossil fuels for 75% of its electricity. This […]