Renewables - Page 138 of 151 - New Energy Events

Argentina delays 1-GW tender
June 17, 2016
Interest from local and foreign sector players has convinced Argentine public utility Cammesa to delay publishing the final version of the documents for the country’s 1-GW renewables tender. The 15 day extension will last through July 1 and interested parties can comment and make suggestions about the preliminary rules during that period. The government seeks […]
Costa Rica adds hydroelectric dam to clean energy grid
June 17, 2016
After six years of construction, Costa Rica’s USD 1.4 billion Reventazon Hydroelectric Project is almost fully online. Three of the facility’s four turbines are functioning, each pumping out 73 MW of electricity, and the fourth will join them in August. At full capacity the facility creates enough energy to supply 525,000 families with power. The […]
El Salvador begins auction process for 170 MW of renewables
June 16, 2016
El Salvador has published the rules for a highly anticipated auction of renewable energy projects, in which 170 MW of renewable energy in solar and wind will be bid on. The rules are being released over a month late, delayed because greater capacity for wind has been added to the auction. Currently 100 MW is […]
Honduras switches on 43-MW biomass plant
June 15, 2016
This week the Honduran Green Power Corporation inaugurated a 43 MW biomass plant. Located in the Sula Valley, the project will move Honduras one step closer to reaching its target of 80% renewables. The plant, which cost USD 130 to construct, will process grass, pinewood, palm tree and sugar cane bagasse.
EDC eyeing geothermal opportunities in Mexico
June 14, 2016
Philippines-based geothermal firm, Energy Development Corp (EDC) is considering investment in a site in Mexico “We’re not doing anything yet – but we’re studying. Mexico’s energy sector is privatizing, deregulating so we want to take a look,” said EDC president Ricky Tantoco. The commitments of Latin American governments since the Paris COP21 agreement have led […]
Jamaica’s solar PPA breaks records at 8.5 cents/kWh: who’s the big winner?
June 13, 2016
The recent PPA awarded at 8.54 US cents/kWh for a 33.1 MW PV project now ranks solar energy as the cheapest source of electricity in Jamaica. Eight Rivers Energy Company Limited (EREC) won the bid, beating out 18 competing projects. “Yes, it is lean – there’s not a lot of fat – but I think […]
Chinese banks consider financing 300-MW PV project in Argentina
June 13, 2016
Argentina’s provincial government announced that two Chinese banks, the Chinese Export-Import Bank and the Commercial Bank of China, are interested in funding a 300 MW solar project. A delegation from Argentina travelled to Beijing to present the PV project and received “favorable financial conditions on interest.”
Developer of Nevis geothermal project seeking funding from OPIC
June 13, 2016
Nevis Renewable Energy International has approached the Overseas Private Investment Corporation (OPIC) to finance a geothermal project. The project has had a couple challenges that will raise questions for the powerful fossil fuel group, including one well site where significant steam levels did not produce the energy projected by administrators. The government of Nevis has deferred […]
British biomass JV targets renewable energy in Cuba
June 9, 2016
A British firm is seeking to generate renewable energy from the byproducts of Cuban sugarcane production. Esencia, a UK-based holding company for Havana Energy, is working to construct the first of five biomass plants on the island. Robert Miller, director of Britain’s Cuban Solidarity Campaign (CSC) said, “We hope that this long worked-for venture will help […]