How does GEOLAC Virtual stack up?

August 31, 2020

We are fast approaching the 7th Geothermal Congress for Latin America & the Caribbean (GEOLAC Virtual)! Our bespoke virtual platform is primed and ready to deliver deep insights, robust networking and simultaneous translation. Want to get a handle on how GEOLAC Virtual stacks up? Check out a few of our highlights below and join us […]

The Evolving Utility: An Interview with FortisTCI CEO, Ruth Forbes

From our Editorial Team

August 20, 2020

Following her recent appointment as the new President and CEO of FortisTCI, we sat down with Ruth Forbes to talk about the clean energy transition in the Caribbean, her priorities for the Turks and Caicos utility, and how women can take a bigger role in the energy sector. You joined FortisTCI in 2006, and have […]

Prime Minister Mia Mottley to chair joint World Bank, IMF committee

August 20, 2020

Mia Amor Mottley, Prime Minister, Minister of Finance, Economic Affairs and Investment of Barbados has been nominated to serve as Development Committee Chair, in a joint appointment with Mesdames Azucena Arbeleche, Minister of Economy and Finance of Uruguay. In line with the nomination by the Chairs of the Latin American and the Caribbean Region, the […]

Jamaica’s big electricity users one step closer to wheeling, OUR to determine rates

August 20, 2020

Jamaica’s largest consumers of electricity are a step closer to being allowed to supply their satellite operations with energy from their own power stations – a process called wheeling – now that the Office of Utilities Regulation, OUR, has made a determination on the methodology it will use to set the rates the organisations will […]

“Underwater Space Station” to be built in Curacao

August 20, 2020

The “underwater version” of the International Space Station is coming to the Caribbean island of Curaçao.  Renowned ocean explorer Fabien Cousteau has announced his plans for PROTEUS, a project that’s being billed as the “world’s most advanced scientific research station and habitat.” “We are delighted to be home to PROTEUS,” said Dr Steven Martina, Curaçao’s […]

Colombia court order raises red flags for US$1.5bn renewables pipeline

August 20, 2020

Developer Elecnorte was ordered to halt work on two 110kV power lines in Medillin after a judge ruled that 15 indigenous communities were excluded from an obligatory prior consultation process. Source

In controversial fight for top bank job, Trump nominee lays out his Caribbean commitment

August 20, 2020

Mauricio Claver-Carone, U.S. President Donald Trump’s candidate to take over the helm of the IDB vowed to elevate the attention given to the Caribbean. In an interview with The Miami Herald, Claver-Carone said ensuring someone from the Caribbean becomes vice president and helping middle- and higher-income Caribbean countries find more favorable financing are among his […]

Latin American development banks sharpen their sustainability focus

August 20, 2020

Various development banks in Latin America are increasing their focus on financing linked to an environmental-friendly approach. Among the most exciting is Minas Gerais’ BDMG which will soon become Brazil’s first state-run bank to issue sustainability bonds in line with the UN’s Sustainable Development Goals with support from the IDB. Source

Brazilian-British PPA partnership hints that more deals could follow

August 20, 2020

Brazilian renewables developer Casa dos Ventos and British mining giant Anglo American recently signed an innovative electric power purchase agreement (PPA). This deal is unique because it is based on a long-term, free-market PPA. The allocation of risks and rewards was customized to fit into the specific needs of the parties. Source