‘Overwhelmed by old challenges’, Caribbean leaders say COVID-19 has forced a new battle for the survival of their nations

September 30, 2021

Caribbean island nations are under assault from the coronavirus pandemic even as they try to protect their communities from rising seas and raging storms, regional leaders said Saturday at the UN, where they called for bold action to tackle climate change and shore up public health systems.   Source  

HDF energy breaks ground on world’s largest green hydrogen-power project in French Guiana

September 30, 2021

French hydrogen firm HDF Energy and its equity partners, the infrastructure fund Meridiam and the petroleum operator SARA (Rubis Group) have begun the construction of CEOG Power Plant in French Guiana. CEOG is the world’s first multi-megawatt hydrogen power plant. Weighing in at 128MWh, it includes the largest green hydrogen storage of intermittent electricity sources. Representing […]

World Bank’s new RFP calls for innovative financing to scale up renewable energy development in the Eastern Caribbean Currency Union

September 30, 2021

The Eastern Caribbean Currency Union (ECCU) encompasses eight countries and overseas territories[1], all of which are small island developing nations extremely vulnerable to climate change and natural disaster risks. The region is highly dependent on imported expensive fossil fuel to meet its energy requirements despite being endowed with enormous renewable energy (RE) generation potential.  The […]

New 10GW green hydrogen project in Mauritania could include Africa’s first offshore wind farm

September 30, 2021

An oil & gas developer has been granted exclusive rights to develop a green hydrogen project of up to 10GW in Mauritania that could include Africa’s first offshore wind farm. The West African nation’s government has signed a memorandum of understanding with London-listed Chariot Ltd — which has until now focused on offshore oil and […]

Mining billionaire spearheads green hydrogen push

September 30, 2021

Australian mining billionaire Andrew Forrest on Thursday launched a green hydrogen organization, GH2, in a push to speed up development of the clean fuel to help curb global warming. GH2’s goal is to ensure that by 2050 a quarter of the world’s energy comes from green hydrogen, which is extracted from water with electrolysis, an […]

Bill Gates raises $1 billion as corporate CEOs join race to scale clean tech

September 30, 2021

Bill Gates raised more than $1 billion in corporate funding for Breakthrough Energy Catalyst, drawing on BlackRock Inc.’s Larry Fink and Microsoft Corp.’s Satya Nadella to rally support for some of the world’s most demanding clean-energy projects. They are looking to accelerate the commercial viability of four key solutions to the climate crisis: green hydrogen, sustainable […]

Barbados pursues ‘Norwegian model’: going green at home and drilling for oil

September 24, 2021

The Caribbean nation of Barbados is pursuing what a key official called the “Norwegian model” by exporting oil and gas while cleaning up its own cars and electricity production. The government recently submitted plans to the UN to make 100% of its cars run on electricity or alternative fuels and to get 95% of its […]

Guyana’s role in the emerging green energy transition

September 24, 2021

At a recent offshore oil & gas conference in Houston, Guyana’s foreign minister said that the country’s economy is expected to grow 500% by 2030. Guyana’s current US$6.8 billion real GDP would ignite to nearly US$35 billion dollars, about the size of Paraguay, who has nine-times the population of the former British Colony. Per capita, […]

Global energy firm plans big solar plant in Jamaica

September 24, 2021

Europe-based global clean energy firm MPC Energy Solutions, which is listed on the Oslo Stock Exchange in Norway, is reporting that it has leased several acres of land in Jamaica as part of a major project to develop a 72.5-megawatt, MW, solar power plant here. MPC Energy focuses on sustainable energy infrastructure and runs green […]