Meet Joe Biden’s Top Officials on Latin America and the Caribbean

January 29, 2021

President Biden’s cabinet, if confirmed as is, would have four Latinos—tied with Barack Obama’s second cabinet for the most—to helm the departments of Homeland Security, Health and Human Services, Education, and the Small Business Administration. What experience with Latin America and the Caribbean will his cabinet and top advisors bring to the table in the region? […]

Climate change puts pressure on failing Caribbean water supplies

January 28, 2021

While most people outside of rural mountainous areas in the Caribbean are connected to the public water supply, they frequently face outdated infrastructure in need of repair, resulting in major losses of drinking water. Although the region enjoys relatively high standards of living, with most countries defined by the UN as “upper-middle income.” This excludes them […]

COVID-19 and climate change prompt an energy rethink in Trinidad and Tobago

January 26, 2021

The crash of global energy markets amid the COVID-19 pandemic and the growing threat of climate change are providing an impetus for a reevaluation of Trinidad and Tobago’s energy security and a concerted diversification of the nation’s energy mix.   Source

Abu Dhabi Fund to start 2021 with project allocations worth $169 million, earmarks $50 million for Caribbean

January 25, 2021

Abu Dhabi Fund for Development, one of the UAE’s leading financial entities, continued to advance its sustainable development agenda within the country and abroad through clean-energy initiatives. In 2021, approximately $50 million is earmarked with an aim to deliver renewable energy projects across 16 Caribbean Island nations.   Source

Could green hydrogen broker a detente between renewable energy and Mexican oil sectors?

From our Editorial Team

January 20, 2021

Private companies and the Mexican government have been duking it out in public, the media and in court for the last two years over the future of the country’s energy sector, which was primed to usher in a new era after the 2013 market reform. Many investors, particularly in the renewable energy space, flocked to […]

2020 Island Resilience Action Challenge: Uniting to define resilience in the face of climate and health threats

January 20, 2021

By: Kimberly Lewis, Lead Fellow, Advanced Energy Group At the tail end of a notably unprecedented and challenging year, Advanced Energy Group (AEG) and New Energy Events (NEE) virtually hosted the Island Resilience Challenge (IRAC). IRAC is a one-of-a-kind annual workshop focused on identifying key barriers to grid resiliency in the Caribbean and determining actionable […]

Puerto Rico awaits first procurements to add 3.75 GW solar, 1.5 GW storage

January 20, 2021

The Puerto Rico Energy Bureau ordered the utility PREPA to issue six procurements in the next 30 months, totaling 3.75 GW of solar and 1.5 GW of four-hour storage, or their equivalents.   Source

France’s island territories get solar-plus-storage at average price below €100/MWh in latest auction

January 14, 2021

The cost of solar energy paired with battery storage on France’s island territories has fallen yet again, as the European country awarded contracts to winning bidders in its latest tender process.   Source

New Fortress Energy to acquire Hygo Energy Transition Ltd. and Golar LNG Partners LP in a $5 Billion transaction

January 13, 2021

New Fortress Energy announced that it has entered into definitive agreements to acquire Hygo Energy Transition Ltd. in Brazil for a combined $5 billion. NFE will become the leading gas-to-power company in Brazil, adding 2700MW of power generation operational or in development and robust customer pipeline in the South American country’s rapidly growing natural gas and […]