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Renewables

  • Solar in Mexico will now grow by 521 percent in 2016.

    April 5, 2016

    In Mexico’s first Clean Energy Auction, 11 solar projects were awarded contracts. Together, these projects will produce 4 million megawatt hours per year. Project developers include: The winning projects are from seven developers: Enel Green Power with 992 megawatts and 2.25 million Clean Energy Certificates (CELs) SunPower with 509 megawatts and 989,265 CELs (includes projects by local […]

  • Barbados Agricultural Society seeks solar

    April 1, 2016

    James Paul, CEO of the Barbados Agricultural Society (BAS), says that access to affordable solar will cut operating costs for farms, which in turn will cut the cost of food for consumers. According to Paul, the agricultural sector in Barbados has not seen any programs to engage farms in the renewable energy discussion. “We have […]

  • Be Big or Act Big: Enel, Enersur, and Grenergy Dominate in Peru’s 4th Renewable Energy Auction

    April 1, 2016

    It seems that if you want to play in Peru you have to be big; that – or you have to act big. Recent winning bids in Peru’s renewable energy auction came in at record breaking prices of $47.98/MWh and $36.84/MWh for solar and wind energy, respectively. Two winning developers – Enel Green Power and […]

  • New Energy Events Launches Bimonthly Newsletter

    April 1, 2016

    Alongside a growing portfolio of conferences, New Energy Events has moved recently to provide news and intelligence on the LAC renewable markets to its constituency of over 8,000 market participants. As part of that mandate, we are excited to announce the launch of a bimonthly newsletter which will feature curated coverage of developments across the […]

  • Seven companies win Mexico electricity auction

    March 29, 2016

    Winners of Mexico’s first long-term electricity auction were announced this week. Companies awarded contracts will ultimately provide 5,385.72 GW of energy, nearly 90% of the country’s future energy supply. Businesses include Recurrent Energy Mexico Development, Parque Eólico Reynosa III, Sunpower Systems México, Energía Renovable del Istmo II, Enel Green Power, Gestamp Wind México II and Alten […]

  • Renewable energy in 2015 surpassed conventional power, say UNEP

    March 24, 2016

    2015 saw a $286 billion investment in clean energy. The result? 134 GW of renewable power. This is up from 106 GW of renewables installed in 2014 and 87 GW in 2013. A report released by the United Nations Environment Programme (UNEP) this week called ‘Global Trends in Renewable Energy Investment 2016’ said that an […]

  • Caribbean Climate Innovation Centre is leading the regional response to climate change

    March 16, 2016

    Established in 2014, the Caribbean Climate Innovation Center (CCIC) seeks to develop a regionally integrated approach to solving the region’s climate, energy and resource challenges. CCIC’s CEO, Evertron Hanson, says that the organization takes an entrepreneurial approach to addressing these issues, “The purpose of this project is to build an entrepreneurial eco system that will […]

  • Dominican Republic adds 49.5 MW of wind

    March 10, 2016

    Empresa Generadora de Electricidad Haina SA inaugurated a 49.5 MW wind park in the Dominican Republic. The project, which cost 120 USD and took 18 months to construct, consists of 15 wind turbines. Each turbine has a 3.3 MW capacity. The plant will generate 200,000 Mwh of electricity each year, which will double the DR’s wind […]

  • Caribbean countries urged to fully develop energy sector

    Caribbean countries urged to fully develop energy sector

    March 10, 2016

    While many Caribbean countries acknowledge that reducing energy costs will help the region’s economy improve, governments face competing priorities, making the investment in renewables will benefit the economy in the long-run, coming up with the funding for these projects is a challenge. A study produced by the International Monetary Fund (IMF), “Caribbean Energy: Macro Related Challenges,” highlights […]

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