Market News - Page 339 of 348 - New Energy Events

El Salvador Geothermal: Drilling Starts on Well for 10 MW Power Plant
August 28, 2015
El Salvador geothermal takes another step forward. The government of El Salvador announced that drilling at the Chinameca geothermal site started this week. The well will produce an estimated 8 – 10 MW of energy by 2017. By 2019, the site will produce 50 MW annually. According to Comisión Ejecutiva Hidreléctrica del Río Lempa, David […]
Geothermal Project in Chile Heats Up
August 27, 2015
Chile’s first geothermal project comes to life. After 40 years of exploration and drilling, drilling for Chile’s first geothermal project at Cerro Pabellón is finally underway. Marcelo Tokman, General Manager of Chile’s utility, ENAP, highlighted the importance of geothermal exploration in a region that is heavily dependent on fossil fuels. ENAP shares ownership of the plan […]
Jamaica’s Grid to be 12.5% Renewable by 2016
August 27, 2015
According to Jamaican Energy Minister and CREF 2015 speaker, Phillip Paulwell, Jamaica is expected to source 12.5% of energy for its grid from renewable sources by the end of 2016. Paulwell continues to push for Jamaica to hit the national target of 30% renewables by 2020. Contributing to the increased share of renewables are 78MW of […]
Costa Rica’s Carbon Neutral Path
August 24, 2015
Will Costa Rica be the world’s first carbon neutral country? In 2012, Costa Rica declared its intention to reach carbon neutrality. This year, the country has generated 94% of its energy from renewables. Between May to August, the country operated exclusively off of renewable energy for 94 days, beating its own record from earlier this […]
Barbados Renewable Projects Financed by CDB
August 23, 2015
Barbados renewable projects to receive a boost in funding. Between 2015 and 2018, Barbados will receive $224 million in financing from the Caribbean Development Bank (CDB), a sponsor of the 2015 Caribbean Renewable Energy Forum, for sustainable development projects. Outlined in the agreement between the CDB and the government of Barbados are strategic pillars that all […]
CNE announces second El Salvador renewable auction for 150 MW
August 21, 2015
Renewable auction announced for El Salvador. Following on the heels of the 2014 100 MW tender, the National Energy Council (CNE) announced that it will soon hold another renewable auction in El Salvador for 150 MW of “non-traditional” renewable power contracts for projects to come online in 2018. According to Adam James’ of Greentech Media, one of […]
Dominica Awarded EU Funding for Solar Project
August 21, 2015
A 125 KW solar system will be installed in the Kalinago Territory of Dominica this year. It is scheduled to go live at the end of September 2015. The $400,000 system is funded by the European Union through the Caribbean Community Climate Change Center (5cs). The project will be managed by DCH Energy GMBH of Germany and local residents […]
Jamaica Energy Minister Hails LNG Deal
August 18, 2015
According to Energy Minister Phillip Paulwell, the Jamaica Public Service Company Limited (JPS) and New Fortress Energy have signed an agreement on the supply of liquefied natural gas to fuel the generation of electricity in Jamaica. As part of this agreement, New Fortress Energy will provide LNG for a diesel plant in Montego Bay. While Jamaican […]
Costa Rica Hits 94 Days of 100% Renewable Energy Generation
August 17, 2015
During the 94-day period between May 8th and August 9th, Costa Rica generated 100% of its electricity from renewable energy. Earlier this year, Costa Rica generated 100% of its electricity from renewables for a period of 75 days. Costa Rica has had 188 days in which 100% electricity was generated from renewables. According to the Costa […]