Renewables - Page 123 of 147 - New Energy Events

Japan commits $17.8m to Guyana’s renewable energy development
July 3, 2018
The Government of Guyana has secured a deal with Japan for US$17.8M dedicated to renewable energy development and system efficiency improvements. This grant will also provide US$1.3M for energy saving LED lights, which are expected to fund 10,930 units of LED streetlights. This investment will be used to improve the efficiency of the power system […]
Cuban business forum looks to increase investment opportunities with Caribbean
July 2, 2018
More than 14 countries from the LAC region attended a business forum in Cuba, with the objective to increase the islands commercial and investment relationship with the greater Caribbean. Cuba has been open to investments from the region and wants to continue carving a path forward. The President of the Chamber of Commerce in Cuba, […]
Dominican Republic now generating 22% of energy from renewables
June 27, 2018
The Dominican Republic is reaching its targets for renewable energy production, as set out under the Paris Agreement. In addition to reducing fossil fuel consumption, these targets will aid in lowering energy costs and mitigate GHG emissions. Today, the country generates 3,703 MW of total electric capacity, in which 22% is produced by renewable resources. […]
India explores investment in Cuban renewable energy
June 27, 2018
Last week the president of India, Ram Nath Kovind, visited the island in an effort to expand the economic and commercial relationship within the two countries. The presidents of both India and Cuba, Ram Nath Kovind and Miguel Díaz-Canel respectively, jointly stated India’s interest in the Cuban economy is primarily driven by the pharmaceutical, science, […]
IDB to invest $20m in renewable energy in Nicaragua
June 26, 2018
The Inter-American Development Bank is investing $20m in small and medium renewables enterprises in the country. Nicaragua is already obtaining 54% of its total energy production from renewable sources including geothermal, solar, biomass, hydro, and wind. This new line of credit provided by the IDB will keep strengthening the industry and help Nicaragua reach its […]
Costa Rica to invest $500m in clean energy
June 25, 2018
Costa Rica has signed a credit line with the Inter-American Development Bank (IDB) for US$500 million to drive clean energy development in the electricity and transportation sectors. Costa Rican President, Carlos Alvarado, has prioritized decarbonization for the electric sector, and wants to lead in the transportation sector, as well. “A nation that produces 99% of […]
Canada seeks opportunities in Cuba’s renewable energy markets
June 25, 2018
Canadians are looking to invest in following the passage of the Cuban Foreign Investment Law. The President of the Chamber of Commerce and Industry Canada-Cuba, Nancy Lussier, stated that recently Canadian businesses have become more aware of the odds of development on the island, and exports and imports are increasing. While the diplomatic relationship between […]
Regulatory reform in Panama aims for 70% renewables by 2050
June 20, 2018
Panama’s power system is critical in achieving the renewable energy goals of the country. The government has outlined recommendations in a report which calls for amendments to the country’s regulation of the Power Purchase Agreements (PPAs). This change will have the objective to increase the use of renewable energy, including solar and wind. It will […]
Cuba: Seven Reasons to Watch Energy Sector in Post-Fidel and Trump Era
February 15, 2017
In 2014, the Cuban government announced plans to generate 24 percent of the country’s electricity from renewable sources by 2030, with an installed capacity of up to 2GW. It was an ambitious goal — and in order to achieve it, Cuba would need capital investments of approximately US$3.5 billion. The government’s designation of technology-specific targets […]