June 2022 - Page 2 of 9 - New Energy Events

Montserrat officially begins the first phase of construction for the US$46 million Montserrat Port Development Project
June 29, 2022
Montserrat broke ground on the US$46 million Montserrat Port Development Project, financed with a US$36 million in grant funding by the UK aid through the United Kingdom Caribbean Infrastructure Fund (UKCIF), administered by the Caribbean Development Bank, and US$9.2 million from the Montserrat government. The new port will increase accessibility and improve trade opportunities for […]
Dominica strengthens their hurricane preparedness by constructing emergency shelters and educating vulnerable communities
June 29, 2022
Dominica is strengthening their hurricane preparedness by constructing emergency shelters, training members in vulnerable communities, and creating awareness with educational classes on ways to safeguard against extreme weather. Source: Associate Times
According to the IDB, Latin America and the Caribbean can gain an additional US$78 billion in annual exports though nearshoring
June 29, 2022
According to the Inter-American Development Bank Latin America and the Caribbean could add US$78 billion annually in additional exports of goods and services by using nearshoring. Source: Breaking Belize News
Bahamas based digial asset firm GEM Digital Limited invests US$110 million into blockchain-powered renewable energy frontrunner
June 29, 2022
GEM Digital Limited, a digital asset firm based in the Bahamas invested US$110 million in EcoWatt (EWT), a token backed by renewable energy and reforestation projects. Source: Coin Telegraph
Study finds the number of hydrogen vehicles globally will increase to one million by 2027
June 29, 2022
A new study conducted by Juniper Research found that the number of hydrogen vehicles globally will increase from 60,000 in 2022 to over one million by 2027. Source: Renewable Energy Magazine
Mirova acquires SunFunder and plans to launch a solar energy debt financing fund
June 29, 2022
Mirova recently acquired a renewable energy projects finance company, SunFunder, and plans to launch a US$500 million solar energy debt financing fund to target about 70 projects in Africa, Asia, and Latin America. Source: Real Assets
Colombia’s new president commits to keeping fossil fuels in the ground
June 29, 2022
The new Colombian president, Gustavo Petro committed to not granting new licenses for hydrocarbon exploration, and halted all pilot fracking projects, and the development of offshore fossil fuels. Source: Climate Change News
CEGA’s feasibility study concludes that constructing a geothermal plant in Puyuhuapi, Chile is possible
June 29, 2022
CEGA’s feasibility study in Puyuhuapi, Chile, concludes that a geothermal cogeneration plant is achievable in the area from a social, economic, technical, and legal perspective. Source: Think Geo Energy
Leclanché, Solrid, and MPC Energy Solutions began construction of SOLEC power plant in St. Kitts and Nevis
June 29, 2022
Leclanché, Solrid, and MPC Energy Solutions began construction on a solar-plus-storage project in St. Kitts and Nevis. The project involves pairing a 35.6 MW solar PV farm with 44.2 MWh of lithium-ion battery storage. The project will provide SKELEC with about a third of the island’s energy needs through a 20-year PPA. Source: Energy Storage […]