February 2022 - Page 2 of 4 - New Energy Events

Barbados Prime Minister proposes Regional Renewable Energy Fund
February 26, 2022
The Prime Minister of Barbados, Mia Mottley, proposed the establishment of a regional renewable energy fund to finance the transition towards net zero. Mottley called for at least 10% of net revenues from new energy exporters in the Caribbean region. Source: Stabroek News
The Inter-American Development Bank to Co-Host H2LAC 2022
February 21, 2022
The Inter-American Development Bank (IDB) has confirmed that it will co-host the 2022 Hydrogen Congress for Latin America and the Caribbean. The announcement reflects the IDB’s long-term commitment to the development of a regional hydrogen industry, and to decarbonization and net-zero initiatives across Latin America and the Caribbean.
Rubis Acquires 51% of HDF’s Hydrogen Power and Storage Project in Barbados
February 16, 2022
Rubis has acquired 51% of HDF’s hydrogen power and storage project in Barbados. Producing baseload power for 16,000 Barbadians from solar and locally produced green hydrogen, the project is the largest hydrogen power and storage project under development in the Caribbean. Source: Market Screener
The Caribbean Community Climate Change Centre Wins Energy Globe Award
February 15, 2022
The Caribbean Community Climate Change Centre (CCCCC) won the Energy Globe Award at the end of 2021 for its work in transforming the water sector in Barbados. Source: Caribbean National Weekly
IFC Adds Eastern Caribbean Central Bank to its Sustainable Banking and Financing Network
February 15, 2022
The International Finance Corporation (IFC) added the Eastern Caribbean Central Bank (ECCB) as a new member of the IFC-facilitated Sustainable Banking and Finance Network (SBFN). The ECCB is the first organization in the SBFN from the English-speaking Caribbean. Source: Market Screener
Akuo Energy and GAM Capital To Develop 53-MW Matrisol Solar Project in the Dominican Republic
February 11, 2022
The Dominican Republic National Energy Commission (CNE) signed an agreement granting French power producer Akuo Energy and investment fund manager GAM Capital permission to develop the 53-MW Matrisol solar project. Financing will come from Banco Popular Dominicano. Matrisol also has a long-lasting power acquisition agreement (PPA) with Cerveceria Nacional Dominicana, which will help with funding […]
Quaise Energy Raises USD 63 Million For New Geothermal Drilling Technology
February 11, 2022
The geothermal start-up Quaise Energy has raised $63 million to deploy a new drilling technology to unleash the earth’s hardest-to-reach heat resources. Safar Partners, Prelude Ventures, the Engine, and other investors provided $40 million. The U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) provided a grant of $5 million. Source: Canary Media
YPF Luz Issued USD 63.9 million in Green Bonds to Finance Solar Project
February 10, 2022
The Argentinian power manufacturer YPF Luz issued $63.9 million in green bonds to finance its first solar project, a 100-MW solar farm in the San Juan province of Argentina. Source: List.Solar RenewablesNow
Celeo Redes Brasil and Quinta Solar Energia to Develop 1.1 GW Solar PV Plant in Brazil
February 10, 2022
Power company, Celeo Redes Brasil and Solar Firm, Quinta Solar Energia will develop a 1.1 GW Solar PV plant in Piaui, Brazil. The development of the plant will cost around $832 million and includes 22 solar farms, each with a capacity of 50 MW. Source: List.Solar RenewablesNow