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Renewables

  • St. Lucia’s bid for energy security: Q&A with former Energy Minister Dr. James Fletcher

    June 27, 2016

    Dr. James Fletcher, former Minister responsible for energy policy in the government of St. Lucia, was at the helm of the island’s energy sector during a period of rapid transition. In a candid interview with New Energy Events, Dr. Fletcher reflected on prospects for St. Lucia’s geothermal project, his fears for the impact of climate change on […]

  • IIC helps finance 54-MW solar project in Chile

    June 27, 2016

    More financing will help Chile continue its ascent as a Latin American leader in renewable energy. An A-loan of USD 19.7 million (EUR 17.9m) has been issued by the Inter-American Investment Corporation (IIC), and guaranteed by the Inter-American Development Bank, for the 54 MW Los Loros solar PV project in the Atacama Desert. The IIC […]

  • German, Mexican state banks sign MOU to promote renewable energy

    June 25, 2016

    Commitments by development and export banks for financing renewable energy projects in Latin America is growing and Mexico’s National Bank of Foreign Commerce (Bancomext) is next in line. A memorandum of understanding (MOU) for the promotion of renewable energy has been signed between the German Development Bank (KfW) and the Germany International Cooperation Agency (GIZ); […]

  • Forbes – Corporate demand for renewable energy could rock the grid

    June 23, 2016

    The purchasing power of large technology companies and multinationals has the ability to turn the renewables market “on its head”. The problem lies not in demand for green energy, but in the access to supply. In the United States, renewables (including solar, wind, hydropower and biomass) account for about 10 percent of all energy used […]

  • Antigua’s airport solar power plant exceeds expected performance

    June 21, 2016

      Antigua’s first major infrastructure project to utilize renewable technology has exceeded expectations and generated revenue of more than USD 1 million. The ground-mounted solar power plant at the V.C. Bird International Airport is a 3 MW Sun2live system that was installed and is operated and maintained by the UK-based clean energy provider PV Energy Limited. […]

  • USAID Caribbean clean energy program helps green the grid

    June 20, 2016

    A clean energy program led by USAID aims to help Caribbean nations meet the ambitious renewables targets set at COP21 in Paris last year. Energy specialists from the Barbados Energy Division, the Caribbean Electric Utility Services Corporation (CARILEC), the Caribbean Community (CARICOM), and various electric utility companies, regulators, financiers, international donor organizations, and equipment suppliers all […]

  • Caricom progress on renewable energy

    June 20, 2016

    The CARICOM community continues it progress on renewable energy targets despite financial constraints and political will varied by country. Organizational leaders will meet next month to sign an agreement and officially launch the Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) in Barbados. CARICOM leaders are taking climate change seriously – T& T Minister,  Dr […]

  • El Salvador invites bids for expanded, 170-MW renewables tender

    June 19, 2016

    El Salvador’s power distributor, Delsur, has invited local and international parties to participate in the second tender for renewable energy contracts. In this round, the utility has increased the maximum capacity targeted from 150 MW to 170 MW. All contracts awarded will carry a term of 20 years. Those must complete an inscription between June […]

  • Energy storage market to equal rooftop solar by 2028

    June 18, 2016

    Bloomberg New Energy Finance projects that utility-scale batteries will be as widespread as rooftop solar by 2028. Bloomberg New Energy Finance (BNEF) expects 25 GW of battery devices to be deployed by 2028. According to Bloomberg storage analyst, Julia Attwood, “Batteries could offer a whole range of services to the grid — they have the […]

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