Market News - Page 44 of 346 - New Energy Events

Bolivia invests US$10 Million to expand solar energy access in Pando
August 1, 2024
Bolivia’s Ministry of Hydrocarbons and Energy has partnered with the Department of Pando’s government to enhance electricity coverage in the region. This US$10 million initiative will expand electrical networks, establish mini-grids, and install individual solar powered systems across Pando’s 15 municipalities in the northern Amazon Source: PV Magazine LATAM
Enel Chile launches largest hybrid renewable complex in the country
August 1, 2024
Enel Chile announced that its 205 MW Las Salinas solar power complex has started commercial operations. This solar facility, in conjunction with the 112 MW Sierra Gorda Este wind farm, now forms the largest industrial-scale hybrid renewable generation center in Chile. Source: Renewables Now
Equatorial Energia’s 350 MW solar plant in Brazil begins full operation
August 1, 2024
Brazilian energy company Equatorial Energia SA announced that its 350 MW Barreiras I Photovoltaic (PV) plant in northeast Brazil achieved full commercial operation. Source: Renewables Now
DOE loan guarantee to finance Puerto Rico’s largest solar and battery storage project
August 1, 2024
The U.S. Department of Energy has announced an US$861 million loan guarantee to finance 200 MW of solar and 285 MW of grid storage in Puerto Rico. This initiative will support the construction of two solar farms and two stand-alone battery storage systems on the island’s southern coast. The project is led by Flexible Energy […]
Hurricane Beryl triggers record US$44 million payout to Grenada from regional catastrophe insurance fund
July 19, 2024
Hurricane Beryl’s recent impact on the Caribbean led to a record US$44 million payout to Grenada from the Caribbean Catastrophe Risk Insurance Facility (CCRIF). This payout includes US$42 million for cyclone insurance, US$1.1 million for fisheries insurance, and US$549,000 for excess rainfall. Source: Insurance Journal
Dominican Port Authority announces construction of Barahona Port
July 19, 2024
The Dominican Port Authority (Apordom) announced the construction of the Barahona port is underway. The port is funded by a US$2 billion public investment sourced from the entity’s revenues. Source: Dominican Today
Nassau Cruise Port plans US$35 million waterpark to enhance family-friendly amenities and attractions
July 19, 2024
The Nassau Cruise Port plans to build a US$35 million waterpark complex to offer more family-friendly amenities and differentiate itself from other port facilities in the Caribbean. Source: Travel Weekly
Construction of waterfront condo commences in Grand Cayman
July 19, 2024
Construction of a waterfront condo project, Catalina Bay, is now underway in Grand Cayman’s North Sound. Source: CaribJournal
Caribbean launches SIDS 2.0 initiative to transform small island developing states into digital states
July 19, 2024
The Caribbean is launching the SIDS 2.0 initiative to transform Small Island Developing States (SIDS) into Small Island Digital States. This project aims to accelerate digital integration and innovation by creating a collaborative framework. The initiative includes self-assessments, action plans, and prioritizing interventions. Source: UNDP