Renewables - Page 128 of 151 - New Energy Events

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 […]
Cuba and South Korea commit to renewable energy
February 13, 2017
South Korea will strengthen cooperation in the renewable energy sector with Cuba as part of a knowledge-sharing program for the Caribbean country, the South Korean finance ministry said today. In a South Korea-Cuba forum held in Seoul, the two countries discussed ways to encourage South Korean companies to make inroads into the Cuban energy market, […]
Barbados Light & Power committed to clean energy transition
February 1, 2017
The Barbados Light & Power Company (BL&P) Limited is very committed to making that major shift from electricity generated by oil to generation from renewable and clean energy sources. This is according to Manager of Communications and Government Relations at BL&P, Jackie Marshall-Clarke, who noted that this will benefit all its 225 000 customers, including […]
Pacific Islands: climate fund to boost renewables transition
December 22, 2016
The Green Climate Fund (GCF) has approved $17m in funding to install energy storage systems, support private sector investment, and for capacity building to support the Asian Development Bank (ADB) program to assist seven Pacific island countries to transition to a renewable energy future. The ADB proposed Pacific Islands Renewable Energy Investment Program will assist […]