MPC Capital targets $90m fund for Caribbean renewables

March 13, 2020

Over the next two years, MPC Capital aims to raise USD 90 million from US-based impact investors, institutional investors and foundations. The money will be allocated to up to 15 renewable infrastructure projects in the Caribbean. MPC Capital made its first investment in the renewable energy sector in the Caribbean in 2016 and has since […]

New Fortress Energy plans for a hydrogen fuelled future

March 12, 2020

New Fortress Energy LLC has plans to become a hydrogen supplier within the next decade, to achieve net-zero emissions. Currently, New Fortress Energy sells LNG to fuel power plants in the Caribbean, with plans to expand in other regions. He acknowledged that the goal is an ambitious one, with no guarantee that hydrogen will be […]

Auctions have driven 80% of current renewable energy capacity in LAC

March 11, 2020

On the occasion of Mexico WindPower 2020, the Latin American Energy Organization (OLADE) and the Global Wind Energy Council (GWEC) have published a joint report Competitive Processes for Financing Renewable Energy Projects which found that over 80 percent of current renewable energy capacity in Latin America and the Caribbean has been driven by public tenders […]

UPDATE: PR-GRID Postponed to July 14-15

March 10, 2020

After careful consideration, we have decided to postpone PR-GRID 2020. The conference will now take place July 14-15 at the same location, the InterContinental in San Juan. Although no cases of COVID-19 have been reported in Puerto Rico, we made the decision to postpone PR-GRID out of an abundance of caution. The safety of our […]

Jamaica’s energy minister calls for “change of mindset” in shifting energy landscape

March 9, 2020

Minister of Science, Energy and Technology, Hon. Fayval Williams, asks for a change in mindset as Jamaica embraces a new era of energy that is focused on increasing the use of renewable resources, in comments delivered at the fourth Energy and Climate Partnership of the Americas (ECPA) Ministerial Meeting at the JPS Power Station in […]

Chile aims for 100% electric public transportation by 2040

March 9, 2020

Chile will underscore its commitment to sustainable energy ahead of Expo 2020, with the announcement by the country’s government they will decarbonise the electric sector and implement 100% electric public transport by 2040 and achieve carbon neutrality by 2050. Source

Solving the Maze of Puerto Rico’s Grid

From our Editorial Team

March 2, 2020

Puerto Rico is still recovering from the 6.4-magnitude quake that set off massive blackouts, and hurricane season is closing in. One thing is clear—the island needs a resilient grid, now. Grid resiliency is top of mind, but at the same time, island stakeholders are exploring the pathway to 100% renewables by 2050 (per Act 17). […]