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Renewables

  • Breaking Down Barriers to Renewable Energy Development in the Caribbean

    September 1, 2016

    According to a recent article in Renewable Energy World, the Caribbean is at the forefront of renewable energy leadership in the Post-COP21 policy environment. The significant level of knowledge accrued by local companies, who have access to new technologies and engineering skills, has driven interest from private investors from the U.S., Europe and Asia. Fossil […]

  • Spain and Cuba solar associations form alliance

    August 31, 2016

    A partnership for the development of the Cuban solar industry has formed to share experience and technical expertise between Cuba and Spain. The strategic alliance was signed last week enabling the Spanish solar association (UNEF) and Cubasolar to move forward with plans for 700 MW of solar PV by 2030. Cuba currently has an installed […]

  • Mexico’s Renewable Energy Revolution

    August 30, 2016

    Legislation in Mexico has created a positive growth environment for renewable energy industries. Following the collapse of oil prices last year, Mexico opened its power sector to the private sector to increase participation in power generation and commercialization. In March, the government bought 2.1 GW for US$2.6 billion and will seek to buy between US$2.6 […]

  • Solar takes at least 6% of Chile’s largest power auction with record low tariffs

    August 25, 2016

    In an auction without subsidies, solar developers have won 720 GWh of capacity in Chile’s largest-ever power auction. Endesa won about 47% of the tender with an offer not tied to specific projects, while Accion Energia said it will build 183 MW wind facility at La Arauncía. Although wind power dominated the auction, taking 5.8GWh […]

  • Bermuda gets ready for 6-MW solar tender

    August 22, 2016

    A new solar power facility will be constructed adjacent to the LF Wade International Airport in Bermuda. The Government of Bermuda has issued an open call to pre-qualify companies seeking to take part in the tender for a two-phase project; the first phase will consist of 6 MW of power and the second phase will […]

  • Irish renewable energy firm lands $1.65bn contract in Chile

    August 19, 2016

    An Irish renewable energy firm, Mainstream Renewable Power (MRP), recently beat out 83 competitors to build seven wind power plants in Chile. The US$1.65 billion project will provide a total 12,000 GWh of electricity under a 20-year operating agreement. MRP has notable experience in the renewables field, having produced more than 2,000 MW across more […]

  • Report: Jamaica to put final touches on 33 MW PV project

    August 17, 2016

    An agreement with Eight Rivers Energy Co Ltd (EREC) and the Jamaican government , for a 33.1 MW solar facility in Westmoreland, is almost complete. Both parties will be represented at the 2016 Caribbean Renewable Energy Forum. Construction is scheduled to start by 2017 and power supply should commence in 2018. Energy and Technology Minister […]

  • Despite Lower Oil Prices, Renewable Still An Attractive Option, Says IFC

    August 12, 2016

    The IFC is confident that renewable energy investment is attractive regardless of this year’s drop in oil prices. The International Financial Corporation estimates that a country can absorb between 25 to 35 percent of renewable energy before intermittent nature of renewable energy disrupts the base-load capacity of any generation system. The IFC has partially funded […]

  • World-Class Delegation of Companies Confirmed for Cuba Energy Investment Summit

    August 11, 2016

    The organizers of the Cuba Energy Investment Summit are pleased to announce a roster of over 35 world-class companies confirmed to participate in the investment “mission” to Havana in early September. The roster of companies includes household names such as InterEnergy, GE, APR Energy, IC Power, and Mitsubishi. The companies will meet a number of key […]

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