Market News - Page 346 of 385 - New Energy Events

IIC helps finance 54-MW solar project in Chile
June 27, 2016
More financing will help Chile continue its ascent as a Latin American leader in renewable energy. An A-loan of USD 19.7 million (EUR 17.9m) has been issued by the Inter-American Investment Corporation (IIC), and guaranteed by the Inter-American Development Bank, for the 54 MW Los Loros solar PV project in the Atacama Desert. The IIC […]
German, Mexican state banks sign MOU to promote renewable energy
June 25, 2016
Commitments by development and export banks for financing renewable energy projects in Latin America is growing and Mexico’s National Bank of Foreign Commerce (Bancomext) is next in line. A memorandum of understanding (MOU) for the promotion of renewable energy has been signed between the German Development Bank (KfW) and the Germany International Cooperation Agency (GIZ); […]
Iberdrola negotiates entry into Cuban wind market
June 25, 2016
The Spain-based company plans to install a complex of 100MW of power in the southern province of Holguin, more than 700 kilometers from the capital, La Havana. This would be the largest wind farm in the wind energy sector in Cuba. La firma española pretende instalar un complejo de 100 megavatios de potencia en la provincia […]
Caribbean Hotel & Tourism Association calls upon governments, private sector to create tourism agenda as US House passes Caribbean Strategic Engagement Act
June 24, 2016
The Caribbean Hotel and Tourism Association (CHTA) is thus urging a public-private partnership between Caribbean nations and the U.S. that will strengthen an existing tourism relationship. CEO and Director General of the CHTA and CREF 2016 speaker, Frank Comito, explained, “the tourism ties between the United States and the Caribbean extend well beyond the 14.3 […]
Forbes – Corporate demand for renewable energy could rock the grid
June 23, 2016
The purchasing power of large technology companies and multinationals has the ability to turn the renewables market “on its head”. The problem lies not in demand for green energy, but in the access to supply. In the United States, renewables (including solar, wind, hydropower and biomass) account for about 10 percent of all energy used […]
Peru: GRC member explores geothermal phenomenon in the Amazon
June 23, 2016
Inside the jungle of Peru exists a river known as the “Boiling River”. The river, called Pachitea in the regional Mayantuyacu dialect, is a tributary of the Amazon and has become famous for its warm temperatures, brought about by natural geothermal springs. Or is it so? Old oilfields litter the landscape that the river cuts […]
Preparations under way for drilling and construction at Nevis project
June 21, 2016
Final preparations are underway to build a geothermal facility in Nevis. The coordination is being handled by developer Thermal Energy Partners LLC (TEP) through its affiliate NRE International (NREI), which has begun a series of final design reviews and analysis of utility interconnection. Joining TEP and NREI in the venture are technical teams from Turboden […]
Cuban government orders state enterprises to cut oil & electricity consumption by 20%
June 21, 2016
Cuba is taking measures to deal with a fuel shortage as its largest trading partner, Venezuela, fails to uphold previous agreements. Approaching July and August when demand for energy generally increases, the government has ordered state enterprises to reduce oil consumption and electricity use by 20%. The expected shortage has resulted in measures to reduce […]
Antigua’s airport solar power plant exceeds expected performance
June 21, 2016
Antigua’s first major infrastructure project to utilize renewable technology has exceeded expectations and generated revenue of more than USD 1 million. The ground-mounted solar power plant at the V.C. Bird International Airport is a 3 MW Sun2live system that was installed and is operated and maintained by the UK-based clean energy provider PV Energy Limited. […]