Market News - Page 335 of 354 - New Energy Events

Gamesa to develop 500 MW of wind turbine tower plant in Mexico
December 6, 2015
Gamesa signed a Memorandum of Understanding with the Mexican Electricity Board (CFE) to co-develop a wind turbine tower plant in Mexico with the Daniel Alonso Group. According to Gamesa’s Latin American managing director Hipólito Suárez, “Execution of this agreement will lead to the creation of hundreds of jobs in the tower manufacturing area and by […]
Iceland: Geothermal Energy Has Saved Massive Amount of CO2 Emissions
December 5, 2015
The national energy agency of Iceland, Orkustofnun, has evaluated CO2 savings by using geothermal instead of oil from 1914 through 2014. The accumulated savings are 140 million tons by utilizing geothermal instead of using oil for heating and production of electricity; last year the annual savings amounted to 7.5 million tons of CO2, 57% for […]
Caribbean Hotel And Tourism Association Urges United Nations Conference To Support Caricom Position On Climate Change
December 4, 2015
The Caribbean Hotel and Tourism Association (CHTA) is calling on the global community to support CARICOM’s position advocating for a cap on the world’s temperature rise at 1.5 degrees Centigrade as part of their deliberations during the United Nations Climate Change Conference, taking place in Paris through December 11th. CHTA cites research that points to […]
The Bahamas could vanish if climate change is not reversed
December 4, 2015
Bahamas’ Prime Minister Perry Christie warned that “with 80 percent of our land within one metre or five feet of mean sea level, business as usual with regard to climate change threatens the very existence of the Bahamas as we know it.” This year alone, Hurricane Joaquin left the small-island nation with $ USD100 million […]
St. Kitts & Nevis PM calls for legally-binding agreement with ambitious emission reduction targets
December 3, 2015
This week at the COP 21 meetings in Paris, Prime Minister Dr. Timothy Harris of St. Kitts and Nevis called for a “legally-binding agreement with ambitious emission reduction targets.” In order to mitigate the current and future impacts of climate change, the St. Kitts delegation seeks that five-year commitment cycles with review. According to the […]
IDB to help Costa Rica boost renewables and grid capacity
December 1, 2015
The Inter-American Development Bank (IDB) has extended a USD 500 million credit line to Costa Rica to increase its renewable energy capacity and to expand its transmission and distribution networks. Although Costa Rica sourced 98.8% of its energy thus far in 2015 from renewable sources, energy demands will increase significantly in the future. According to […]
PPA for 9MW of geothermal power in Nevis
December 1, 2015
On Wednesday, the Nevis Island Administrations, the Nevis Electric Company and Nevis Renewable Energy International signed a PPA for the development of geothermal on the island. Geothermal power in Nevis could make the island the first to be powered exclusively by renewable energy. The first phrase of the project will supply the island with 9 […]
Barbados PM says Caribbean is open to business
November 28, 2015
Prime Minister of Barbados and Caricom Chairman Freundel Stuart urges Commonwealth members to invest in the Caribbean community. At an address at the Common Wealth Business Forum, Minister Freunel said, “There are the new and emerging opportunities in respect of agriculture and agribusiness, tourism (health and wellness), renewable energy and business/ICT-related services, and cultural industries. […]
56% of LAC energy from clean sources, says Climatescope
November 27, 2015
According to Climatescope, an index that measures clean energy in 55 emerging nations, clean energy capacity in Latin America and the Caribbean has nearly doubled in the last three years. 56% of the LAC energy now comes from clean sources. According to Michael Hofmann, green growth expert at the Multilateral Investment Fund, growth is driven by […]