Renewables - Page 131 of 151 - New Energy Events

Funding of up to $80m approved geothermal development in the Caribbean
October 16, 2016
The Eastern Caribbean will receive US$80 million in funding for geothermal development, part of a US$745 million project approved by the Board of the Green Climate Fund. The Inter-American Development Bank (IDB) is cooperating on the $80 million package for the Sustainable Energy Facility of the Eastern Caribbean. The overall project aims to help countries […]
Barbados sets goal for 29% RE by 2029
October 15, 2016
Barbados has plans to end “business as usual” scenarios in the energy sector by 2030. New targets have been set to reduce greenhouse gas emissions by 44 per cent through the generation of power from renewable energy, and reduction in electricity consumption by 2030 – 65 per cent and 22 per cent respectively. Prime Minister […]
Mexico selects 23 bidders for $4 billion renewable energy projects auction
October 5, 2016
Mexico has selected 23 bidders for contracts to build 36 new clean energy power plants including wind and solar capacity. The US $4 billion project will support PV solar, wind and other clean energy projects, awarding 8,909 GWh of capacity to the selected firms. Mexico’s National Energy Control Center (CENACE) has stated that the total […]
Winds of change slow to reach Caribbean’s renewable energy landscape
October 4, 2016
A paper published in the current issue of the journal Energy Policy examines the causes behind the slow pace of renewable energy development in the Caribbean. Harrie Vredenburg and colleagues surveyed 36 political jurisdictions in the Caribbean to assess factors that promote and restrict initiatives for greener energy generation. One outcome explained that incumbent electric […]
Enel Awarded 93 MW of Wind Capacity in Mexican Renewables Tender
September 30, 2016
A 93 MW wind farm in Salitrillos will contribute another 400 GWh to the national grid and Enel Mexico has been awarded the right to provide México’s Federal Electricity Commission (CFE) with energy over a 15-year and 20-year period. The Enel group has invested approximately USD$120 million into the plant, which is expected to enter […]
China-Cuba look to further renewable energy cooperation
September 26, 2016
Assistance from China will be a key factor in the development of renewable energy in Cuba. A recent visit by China’s Premier Li Keqiang comes at a time when Cuba’s other major ally, Venezuela, has had to cut back on assistance due to domestic problems. Thus China is stepping to present itself as the principal […]
Renewable energy makes up almost one-third of the world’s electrical capacity
September 24, 2016
A new report by the World Energy Council (WEC) asserts that renewable energy now makes up a critical portion of global electrical capacity. Last year, wind and solar installations overtook investments in conventional power-generating facilities; information from 32 country case studies claimed about 90% of installed wind and solar capacity worldwide. Hydroelectric energy from dams […]
Costa Rica inaugurates largest hydroelectric plant in Central America
September 22, 2016
Costa Rica again boasts a landmark renewable energy achievement with the inauguration of the 305.5 MW Reventazon dam and hydroelectric plant. Build fully in-house by the Instituto Costarricense de Electricidad (ICE) and funded by a mix of local and international banks, the cost for the plant came to US$1.4 billion dollars and completed three months […]
Rutty Paola Ortiz named New Vice Minister of Colombia’s Ministry of Mines and Energy
September 21, 2016
Columbia’s new Vice Minister for the Ministry of Mines and Energy, Rutty Paola Ortiz, will be responsible for leading a review of the country’s new electrical institutions to ensure energy security continues to improve. Vice Minister Ortiz will confront major challenges facing the oil sector and maintain progress on the governmental PaZa La Corriente program. […]