Solar - Page 20 of 37 - New Energy Events

Financing secured for 100 MW solar project in Puerto Rico
June 6, 2018
Puerto Rico’s 100 MW Montalva solar project – deemed critical by the U.S. Financing Management and Oversight Board in late April – is lining up a robust financing package. Canada’s Greenbriar Capital Corp has signed $265 million mandate agreement with Pegasus Renewable Energy and Sustainable Infrastructure Credit Advisors LP, a subsidiary of Pegasus Renewable Energy […]
Developer selected for Bermuda’s 6 MW solar project
June 6, 2018
Government officials in Bermuda have just signed an agreement with project developer, Saturn Solar Bermuda 1 Ltd. to build a 6 MW solar PV project on St. David’s Island, Bermuda. This announcement marks the official commencement of works for the project. While the LF Wade Airport PV project will be built next to the airport, […]
El Salvador launches auction to procure 28 MW of solar and biogas
June 6, 2018
El Salvador just launched an auction to procure 28 MW of renewable energy. Eligible projects will include solar PV – ground-mounted and rooftop – up to 2 MW in size and biogas projects not to exceed 1 MW. Consejo Nacional de Energía (CNE), El Salvador’s energy regulator, is the authority managing the auction, and expects […]
Puerto Rico’s solar rooftops are getting storage for increased resiliency
March 14, 2018
Puerto Rico’s Houston-based solar developer, Sunnova wants to add batteries to its solar rooftop installations. Many rooftop panel systems lost power during the hurricane outages because the panels operate via the utility, PREPA. If solar rooftops have batteries, they can still work during grid outages. Sunnova continues to lose revenue on its downed systems, and […]
Venezuela will finance solar projects with “Petro” cryptocurrency
March 14, 2018
The Venezuelan government intends to finance solar energy projects using its recently launched state cryptocurrency, “Petro”. Petro is a cryptocurrency developed by the government of Venezuela, and backed by its oil and mineral reserves, which raised $735 million in the first day of a pre-sale in February. Facing the current economic crisis, the government hopes […]
Japan’s development agency sets up shop in Cuba
March 12, 2018
The Japan International Cooperation Agency (JICA) opened an office in Havana to assist in the country’s infrastructure development. Cuba requested support for its transportation and energy sectors and JICA intends to expand cooperation between the two nations with the opening of a Cuban office. Cuba’s Foreign Trade and Foreign Investment Minister, Rodrigo Malmierca Diaz, said the […]
Construction starts for 25 MW solar farm in Dominican Republic
March 9, 2018
A groundbreaking ceremony held in the Dominican Republic officially kicks off the construction of the first phase of the Solar Canoa project. Developers Emerald Solar Energy, a joint venture between Canada’s Potentia Renewables and the Dominican Republic’s Cisneros, are building the first of two 25 MW phases expected to be operating in a year. The […]
Cuba shifts to solar with $45m OPEC loan
March 2, 2018
Cuba is getting an injection of $45m from OPEC Fund for International Development (OFID) to improve access to renewable energy. The $45m loan will fund two solar PV plants in Eastern Cuba and solar powered water heaters for industrial and residential use. OFID is a multilateral financial institution aimed at assisting low-income countries in different […]
Mexico leads the way for distributed solar
December 14, 2017
Mexico has retooled their energy regulations, and it seems to be paying off. By 2025, billions of dollars will be flowing into the Mexican economy as distributed energy technologies are expected to exceed 8 GW, with solar playing a huge role in this growth. This year alone, Mexico is expected to double its distributed generation […]