Market News - Page 89 of 339 - New Energy Events

Portland Private Equity announces launch of US$350 million Portland Caribbean Fund III; fund will make a series of social investments in the region
January 18, 2023
Portland Private Equity plans to use US$350 million in financing to make a series of social investments in the Caribbean under the Portland Caribbean Fund III. The third version of the fund will focus on investing in scalable regional businesses. Source: Jamaica Gleaner
The World Bank provides US$110 million in financing to support Barbados’s transition to low-carbon economic development and climate resilience
January 18, 2023
The World Bank approves US$110 million in financing for Barbados to support its low-carbon economic development and climate resilience. The loan has two main pillars, the first focusing on green and blue resilient development, including water reuse, adoption of climate change and agriculture policy, and the establishment of an Environmental Sustainability Fund, among other items. […]
The Dominican Republic’s National Energy Commission (CNE) grants concession for the development of a 25 MW solar park
January 18, 2023
The Dominican Republic’s CNE has granted the concession for the development of the 25-MW/32.6-MWp Canoa II solar park project. This is the second phase of the Canoa solar park project, the first phase also saw the installation of a 25 MW solar project. Source: Renewables Now
Saona Island in the Dominican Republic becomes the first and only island in the hemisphere to use 100% renewable energy
January 18, 2023
Saona Island is powered entirely by renewable energy due to the recently completed Saona plant, making it the first and only island in the hemisphere to run on 100% renewable energy. The Saona plant, designed and commissioned by the Bayahibe Electricity Company (CEB), has a storage capacity of 5 MWh with potential for expansion based […]
The St. Kitts and Nevis geothermal project moves forward with drilling after receiving US$17 million in funding from the CDB
January 18, 2023
The St. Kitts and Nevis geothermal project progresses after receiving US$17 million in funding from the Caribbean Development Bank. The project is currently in development and has began drilling. Source: St Kitts Nevis Observer
Polaris announced the completion of construction, testing, and initial operation of its 10.4 MW geothermal binary power plant in Nicaragua
January 18, 2023
Polaris Renewable Energy announced they have completed the construction, testing, and initial operation of a 10.4 MW geothermal binary power plant. They achieved full capacity during testing on New Year’s Eve. The project is located at the San Jacinto geothermal project in Telica, Leon, Republic of Nicaragua. Source: ThinkGeoEnergy
The Dominican Republic’s CNE grants concession to Consorcio Azucarero Central to develop the 7 MW Energia Renovable Ingenio Barahona biomass-fired energy project
January 18, 2023
The Dominican Republic’s National Energy Commission (CNE) granted a concession to Consorcio Azucarero Central to develop a 7 MW biomass-fired energy project. The facility will use sugarcane bagasse as biomass. Source: Bio-Energy News
The Dominican Republic’s CNE granted a concession for the 110 MW/131 MWp Coastal Solar PV project
January 5, 2023
The Dominican Republic’s national energy commission granted concession for a 110 MW/131 MWp PV project that will be located in the province of San Pedro de Macoris. Source: Renewables Now
The World Bank grants US$500 million green loan to Banco do Brasil
January 5, 2023
The World Bank has finalized a green loan of US$500 million to Banco do Brasil to enable the bank to offer more options to companies that are reducing their carbon footprint. Source: Latin Finance