Market News - Page 335 of 346 - New Energy Events

Barbados – New Target Date Set for Reduction in Energy Use
September 21, 2015
Barbados moves targeted date for a 20% reduction in energy use forward. CREF 2015 speaker Senator the Honorable Darcy Boyce spoke this week at the Smart Energy Barbados event about a revision to Barbados’ plan to reduce electricity use, which currently costs the government $ Barbados 100 million or approximately USD $ 50 million annually. While the […]
European Chambers of Commerce calls out the Dominican Republic for its lack of renewables development
September 18, 2015
The head of the European Chambers of Commerce (Eurocamara),Hans Witsenboer, recently admonished the Dominican Republic’s efforts to develop renewable energy and combat climate change. “The Dominican Republic is going very badly on climate change and it´s investing heavily in the construction of two coal-fired plants that have high pollution footprint when they should be using […]
Enel Green Power and El Salvador formalize split over LaGeo
September 16, 2015
Ending a saga that started in 2007, El Salvador gained full control this week of LaGeo, “one of the largest geothermal companies in Central America. LaGeo was a joint venture between Enel Green Power and state-owned outfit Inversiones Energeticas S.A. de C.V.”
Montserrat Geothermal – Third Well will be Drilled in early 2016
September 16, 2015
Montserrat geothermal projects to move forward next year. Funded by the UK Department for International Development (DFID), a third geothermal well will be drilled in Montserrat. Following on the heels of two other wells that are each currently producing 1.5 MW of power, this new well hopes to bring Montserrat geothermal production to ~5 MW.
Affordable Financing for Climate Change Mitigation Projects in Jamaica
September 16, 2015
The United States Agency for International Development (USAID) and the First Global Bank have partnered to give Jamaicans access to affordable loan financing for projects related to climate-smart agricultural and climate change mitigation solutions. According to Peter Lindo, Vice President of First Global Bank, the loans are different than traditional green financing, which typically targets […]
Mexico Starts Building Capacity for the Energy Sector Through Education
September 15, 2015
Over the next five years, Mexico will need over 135,000 experts to assist with the expansion of its energy sector. In an effort to meet this need and develop the national workforce, the Mexican government will undertake an aggressive initiatives that target building capacity for the energy sector through education. As part of this program, […]
Asset Manager, Entropy Investment Management, buys largest utility-scale solar plant in Panama from Hanwha Q CELLS and partners
September 14, 2015
In one of the more interesting acquisitions in the region, Entropy Investment Management has acquired 100% of the largest utility-scale solar field in Panama. Hanwha, along with local developer Renventure, EPC SEMI, ASEP, and others developed this project before the sale.
Iceland Drilling Co awarded geothermal contract in Nicaragua
September 14, 2015
Iceland Drilling Co. has been awarded a contract to drill two new production wells at the San Jacinto-Tizate Geothermal site in Nicaragua. The wells will have a production capacity of 72 MW. Addtionally, Iceland Driling Co. will work to improve four existing injection wells. The project award was given by Polaris Energy Nicaragua SA (PENSA). […]
Bahamas Prime Minister Tells Foreign Investors ‘The Time Is Now’
September 13, 2015
In an address last week in London, Bahamas Prime Minister Perry Christine encouraged global investors to consider the Caribbean, saying that “the climate is indeed ripe for inward investment in the Caribbean.” He added that efforts in Barbados and across the region to implement reforms and promote investment have had the effect of “strengthening of compliance and […]