Renewables - Page 114 of 142 - New Energy Events

BMR Energy to acquire solar park in US Virgin Islands
August 16, 2018
BMR Energy, a clean energy firm, is set to acquire a 4 MW solar park, St. Croix, in the US Virgin Islands. St Croix solar plant, sustained significant damage last year due to Hurricane Maria. The company, which has already started repairing the damage and replacing inverters, plans to restore the PV plant to its […]
Dominican Republic to commission 240 MW of wind and solar in coming months
August 16, 2018
The Dominican Republic Electrical Industry Association (ADIE) has announced this week that 240.3 MW will be connected to its national grid in the coming months. This boom of new renewable projects will see five large scale renewable projects commissioned, which include 183 MW of wind and 58 MW of solar capacity. The total investment of […]
Green fund launch to promote investments for a resilient Caribbean
August 14, 2018
The CEO of Virgin, Richard Branson, and two dozen Caribbean nations have launched a multi-million-dollar initiative to help turn the hurricane-vulnerable region into a green tech hub resistant to disasters. The initiative – which is backed with an initial US$ 4m investment – will push to replace fossil fuel-dependent utilities with low-carbon renewable energy sources, […]
LUCELEC welcomes hotel-generated renewables, decision lies with regulator
August 7, 2018
St. Lucia Electricity Services Limited (LUCELEC) and the St. Lucia Hotel and Tourism Association (SLHTA) are in agreement that hotels on the island could generate up to 20% of their electricity needs from their own renewable energy systems. Removing the current 25kW generating cap for systems could help the island in its transition to renewable […]
IDB $20m credit line for El Salvador will ease financing for sustainable energy
August 7, 2018
The Inter-American Development Bank (IDB) is set to loan US$ 20m to El Salvador to enable investment in renewables and energy efficiency for small and medium enterprises (SMEs). The loan program will be complemented by a non-reimbursable technical cooperation of US $ 1.7 million aimed at developing energy savings measurements and financial risk transfer instruments […]
IRENA wants a clean energy corridor in Central America
August 3, 2018
The International Renewable Agency (IRENA) is promoting the creation of a clean energy corridor (CECCA) in Central America, which could promote cross-border trade of renewable energy in the region and could potentially increase the use and infrastructure of clean resources. To properly execute this, IRENA has been focusing its research on addressing issues related to […]
Barbados to explore offshore renewable energy
August 3, 2018
Barbados has received funding from the Inter-American Development Bank (IDB) and the European Union (EU) for renewable energy projects. The Government of Barbados will use the funds to explore offshore projects, focusing on ocean thermal energy, fixed offshore wind, and floating offshore wind projects. The island’s Public Sector Smart Energy Program has called for studies […]
Puerto Rico wants to increase renewable energy output to 40 percent
August 1, 2018
The governor of Puerto Rico, Ricardo Roselló, stated that the objective of the island is to increase the use of renewable energy to 40%. This, the governor stated, will give the citizens of the islands alternatives, regulate prices, independence and will help protect the environment and fight climate change. This statement goes in line with […]
Private sector playing big role in Central American Renewable Market
August 1, 2018
The number of renewables projects in Central America has been growing and attracting international investments, which have helped promote the development of innovative and clean projects. Today, in most countries of the region, private investments have surpassed public investment, which aim to promote decentralized projects throughout the country. The region produces 54.4% of their total […]