Market News - Page 334 of 354 - New Energy Events

COP 21 and the Caribbean: Energy and Climate Change
December 15, 2015
The Caribbean Policy Research Institute (CaPRI) endorsed the views of Bill Gates, this week at the climate negotiations in Paris: “If you could pick just one thing to lower the price of, to reduce poverty, by far, you would pick energy.” The meeting of 196 countries aims to establish a legally binding deal on climate […]
Spain’s Gamesa wins huge solar project in Honduras
December 15, 2015
Spanish company Gamesa Electric continues to expand global operations with a major solar project in Honduras. The company will deliver solar power stations to Honduras in early 2016 and commission a bid for supply and control of 53.31 MW of renewable energy in the second quarter of the year. Gamesa Electric has now reinforced its […]
Paris Climate Agreement explained: what it means for Latin America
December 14, 2015
The climate deal reached in Paris over the weekend has important implications for Latin American countries, many of which played a key role in helping the negotiations advance. The Paris agreement will also help mobilize new investment in key sectors such as clean energy, which will bring important local benefits while mitigating climate change emissions. […]
Mexico passes Energy Transition Law
December 13, 2015
The Mexican solar industry reports having a positive outlook for 2016 after the Chamber of Deputies approved the Energy Transition Law (LTE) earlier this month. The law contains goals and mechanisms for incorporation of renewable energies into the electric grid and comprises the final phase of Mexican energy reform. Previously stuck in the Senate for more […]
36 countries launch Global Geothermal Alliance
December 12, 2015
The Global Geothermal Alliance (GGA), launched on the sidelines of the UN climate talks in Le Bourget, with the aim of facilitating a sixfold increase in geothermal electricity production and a tripling geothermal-derived heating by 2030. At present, geothermal is growing modestly, at three to four percent per year, providing 12 gigawatts of electricity annually. […]
IDB to fund El Salvador’s 1st utility-scale solar PV project
December 11, 2015
El Salvador will begin construction on the Country’s first utility-scale PV project – a power station with funding from the IDB and the Canadian Climate Fund for the Private Sector in the Americas. A total US$87.8 million has been granted for the construction, operation and maintenance of the 100-MW Providencia Solar power plant in El Salvador. […]
Saint Lucia Leading on Climate Change
December 10, 2015
St. Lucia stepped into a big role at the United Nations Framework Convention on Climate Change (COP21) that took place outside of Paris, last week. The responsibility to lead CARICOM negotiations was assigned to the Country because Prime Minister Hon. Dr. Kenny D. Anthony is the CARICOM lead head of government on Climate Change. At […]
Ormat to Acquire Geothermal Power Plant in Guadeloupe
December 9, 2015
Ormat announced today it has signed a binding Memorandum of Understanding to acquire, gradually, 85% of Geothermie Bouillante SA (GB) at a total company enterprise value of up to around €52 million. GB owns and operates a 14.75 MW geothermal power plant and owns two exploration licenses with a total additional potential capacity of up to […]
Belize: Petroleum extraction continues to decline
December 8, 2015
Former Chief Executive Officer in the Ministry of Energy, Science, Technology and Public Utilities, Dr. Colin Young, reported that oil production in Belize is at an all-time low and will continue to decrease through 2024. According to the Statistical Institute of Belize, revenues from petroleum exports hit a high f $292 million in 2012 but […]