Funds managed by RBC Trust commit to MPC Capital’s Caribbean renewables platform

November 10, 2020

RBC Trust (Trinidad and Tobago) Limited, a subsidiary of RBC Financial Caribbean Limited, has committed USD10 million to MPC Capital’s Caribbean listed feeder-vehicle to further grow the portfolio of renewable energy assets.   Source

Unlocking South Africa’s hydrogen potential

November 10, 2020

With the world increasingly turning towards countries that have optimal renewable energy resources to provide the clean energy of the future, South Africa is in an extraordinary position to revolutionize its own economy and supply green hydrogen to the world.     Source

Taking a look at Chile’s green hydrogen strategy

November 10, 2020

Chile’s national green hydrogen strategy has three main objectives: produce the cheapest green hydrogen on the planet by 2030, become a top-three exporter by 2040 and have 5 GW of electrolysis capacity under development by 2025.     Source

New Trinidad and Tobago solar project to be “largest in Caribbean”

November 5, 2020

Trinidad and Tobago’s Finance Minister, Colm Imbert said government has secured two bidders who will deliver 112 megawatts of power from renewable energy. The government is confident that once the planned solar power project is completed “it will be the largest in the Caribbean.”     Source

UK’s top trade official on the Caribbean energy transition: ‘There is no time to waste’

From our Editorial Team

November 4, 2020

By: Darren Henry, UK Trade Envoy to the Commonwealth Caribbean We are at a critical moment for the future of our planet. Temperatures are rising, storms are raging, crops are failing. It is vital that as we approach the next United Nations Climate Change Conference, COP26 in Glasgow, we increase climate ambition around the world, […]

World Bank Provides Funds for Sustainable Renewable Energy in Haiti

November 4, 2020

The World Bank said it’s upping its financing of the Haiti Renewable Energy for All Project to scale up investments in order to expand and improve access to electricity for health infrastructure, households, businesses and community services.   Source

Caribbean Transitional Energy Conference (CTEC 2020) will focus on role of clean energy in post-COVID Caymanian economy

November 3, 2020

On the heels of New Energy’s CREF conference, the Cayman Islands is gearing up for an encore event set to take place virtually on November 19. The impressive line-up of guest speakers includes His Excellency the Governor, Martyn Roper O.B.E. and the Honorable Joseph Hew, Minister of Commerce, Planning and Infrastructure.     Source

New IDB report on the status of geothermal industry in LAC region

November 2, 2020

New Energy teamed up with the Inter-American Development Bank to release an in-depth market report about the road ahead for geothermal energy Latin America and the Caribbean.   Source