World Bank approves US$21.9 million to fund geothermal energy exploration in Saint Lucia

July 31, 2021

The World Bank Board of Executive Directors approved today US$21.9 million for the Renewable Energy Sector Development Project for Saint Lucia. This grant financing will help the Government of Saint Lucia assess the viability of its geothermal resources for power generation and strengthen the business environment for the private sector to pursue clean energy projects. […]

Deetken Impact sustainable energy’s investee – Solar Development Panama – secures US$4 million senior loan from Banistmo

July 31, 2021

Impact Asset Manager Deetken Impact Sustainable Energy (DISE), announces that its investee company, Solar Development Panama SA (SDP), has secured a US$4 million senior loan facility from Banistmo after finishing construction and beginning to supply energy through a long term private Power Purchase Agreement (PPA).  The securing of this loan aligns well with our Funds’ […]

Electric mobility advances in Latin America and the Caribbean in the context of the pandemic – new UNEP report

July 30, 2021

The changes in the use of transport as a result of the COVID-19 pandemic and the national recovery plans are an opportunity for the governments and companies of Latin America and the Caribbean to accelerate the transition towards electric mobility, according to a United Nations Environment Program (UNEP) report released today. Source

U.S. Ambassador hails U.S.-Antiguan partnership on new power plant project

July 30, 2021

The United States Ambassador to Antigua and Barbuda and the Eastern Caribbean, Linda Taglialatela hailed the collaboration of American company Eagle LNG and Antiguan companies Antigua Power Company (APC) and the Antigua Public Utilities Authority (APUA) in what will be the island’s first power plant integrating natural gas infrastructure and power generation. Source

NG Energy International: Fueling Colombia’s clean energy transition

July 30, 2021

Natural gas has become an essential source of power generation, particularly on the Caribbean coast.  In an IHS Markit report released in March 2021, it revealed that the Andean countries (Colombia, Ecuador, Peru and Venezuela) would see an increase in gas demand from 54 million cubic meters per day in 2020 to 177 million cubic […]

Missed CREF? We’re giving you two of them

July 28, 2021

Fasten your seatbelt because CREF is back! We’re bringing the CREF community together twice over a period of six months to meet, network, connect and transact. Preview what we have in store: CREF Virtual – October 27-28, 2021: Join us for an exciting day packed with hard-hitting content including deep-dive interviews, presentations and debates featuring leading […]

Assassination of Haitian Leader Highlights Nation’s Monopoly-Dominated Economy

July 21, 2021

The killing of President Jovenal Moïse took place against a backdrop of elite power, anticompetitive policies, and the U.S. doing little to create open markets. The power vacuum and dangerous instability in the Francophone nation result from many factors, but the American media ignore big ones, including state capture by elites, a grim monopolism that […]

Four Things to Know About California’s Hydrogen Market – and Why Latin America Should Pay Attention

From our Editorial Team

July 21, 2021

California is getting serious about hydrogen. Governor Newsom’s recent executive order calling for the elimination of new internal combustion passenger vehicles by 2035 cited the state-wide target of 200 hydrogen stations by 2025. Various legislators are also pushing for $300 million of the state budget to be set aside to bolster hydrogen-related infrastructure. Against this […]