Market News - Page 341 of 354 - New Energy Events

Enel commissions 400MW hydropower plant in Colombia
October 15, 2015
Emgesa, a subsidy of Enel, has commission a 400 MW hydropower plant in Colombia. Once the completed, the $1.2 billion plant, which will generate 2.2 TWh per year, will meet 4% of Colombia’s electric needs. According to Enel CEO, Francesco Starace, the plant, “has already recorded a number of firsts. It is the most impressive […]
Jamaican Government Saves $80 Million through Energy Efficiency and Conservation Projects
October 14, 2015
Since 2011, The Jamaican government has saved $80 million on its electricity bills through a partnership with the IDC called the Energy Efficiency and Conservation Program (EECP). Energy usage has been reduced by replacing outdated air conditioning units and lighting and by installing central cooling, solar film and windows and by painting roofs. According to […]
Waste-to-energy in Nicaragua – Plans to Build Plant in Managua
October 12, 2015
Managua’s city council approved a thirty-year operating permit to W2E Eco Energy Investment Nicaragua for a waste-to-energy plant. According to mayor Daysi Torres, the company plans to invest $17 million in the plant, which will be located at the La Chureca landfill and will transform plastic bags into synthetic fuel. The plant will have the […]
SkyPower Invests in 500 MW Utility-Scale Solar and PV Education in Panama
October 12, 2015
SkyPower, a developer and owner of utility-scale solar projects, announced plans to build 500 MW of utility-scale solar projects over the next five years. These projects represent a $1 billion investment. According to Skypower Chief Commerical Officer, Charles Cohen, “SkyPower’s estimated US $1 billion investment is expected to create more than 10,000 total jobs in Panama, […]
Chile Cerro Pabellón plant expected to start operations by mid-2017
October 6, 2015
ENAP and Enel Green Power estimate that the Cerro Pabellón plant in Chile will start operations in mid-2017. According to Marcelo Tokman, CEO of ENAP, major components of the plant must be pre-assembled and delivered to the site due to the high-altitude of the project location. The 48 MW plant will be built at 4,500 meters […]
Tax incentives for renewable energy projects in El Salvador
October 5, 2015
El Salvador’s government has proposed making changes to extend tax incentives for renewable energy projects and the expansion of existing projects. Such changes are expected to encourage investment in a number of different renewable projects, including hydro, geothermal, wind, solar, marine, biogas and biomass. To read more about renewable energy incentives in El Salvador, click […]
Wind Turbine Market: Latin America Industry Analysis and Forecast
October 3, 2015
Future Market Insights has prepared an analysis and forecast of the Latin American wind turbine industry. The global wind industry produced about 37,000 MW in 2013. Latin America, in particular, has provided the industry with an essential substitute growth market for wind power. In 2013, Latin America alone represented approximately 45% of the installed capacity […]
Oil Prices and the Future of Petrocaribe
September 30, 2015
An article in the Huffington Post discusses the relationship between nineteen Caribbean and Central American countries and Venezuela. Petrocaribe is a financing mechanism in which participating countries purchase oil from Venezuela at a discounted price and repay the difference over time with a low interest rate attached over a period of 17 – 25 years. To […]
St. Kitts & Nevis Push Forward with Geothermal Development
September 29, 2015
After signing a Memorandum of Understanding with a company from Guadeloupe to develop geothermal energy in St. Kitts over the next five years, Premier Honorable Vance Amory assured residents of the island of Nevis that St. Kitt’s pursuit of geothermal will not delay geothermal development in Nevis. On the contrary, geothermal development in St. Kitts […]