June 2022 - Page 5 of 9 - New Energy Events

Colombia announces tax incentives for zero and low-emission hydrogen developers
June 15, 2022
Colombia’s Ministry of Mines and Energy announced new tax incentives for zero and low-emission hydrogen developers. The tax incentives include the deduction of up to 50% in the investment income tax for 15 years. Source: La Republica
The US and Caribbean form PACC 2030 initiative to strengthen climate resilience and energy security
June 15, 2022
At the Summit of the Americas, the US announced a new initiative – PACC 2030 – to address the climate crisis in the Caribbean. The new initiative will aid in the integration of climate adaptation and resilience and the development of clean energy programs, as well as strengthening energy security. Source: WhiteHouse.gov
The University of Panama and Greenwood Energy partner to develop a new utility-scale solar plant in Panama
June 15, 2022
The public-private partnership between the University of Panama and Greenwood Energy will bring a new utility-scale solar plant to Panama. The partnership comes with nearly US$30 million in academic and technical support distributed over two decades to support Panama’s renewable energy future. Source: Yahoo! Finance
Montserrat seeks funding beyond their current budget allocations in order to reach its 2030 renewable goals
June 15, 2022
A report commissioned by Montserrat’s Ministry of Communications, Works, Labour, and Energy (MCWLE) stated that for the island nation to meet its 2030 goal of 100% renewables, it would require funding beyond the current budget allocations. Source: MenaFM
Jamaica pursues innovative investments to help accelerate the economy and promote sustainability
June 15, 2022
Jamaica is pursuing its Vision 2030 development plan by working towards developing innovative investments to strengthen and accelerate the economy. They are looking for sustainable investment products and partnerships that will help drive positive change in Jamaica. Source: Business Wire
Bolivia’s ENDE seeks partner to install two wind farms
June 15, 2022
Bolivia’s ENDE seeks to identify partners to install the 21MW Warnes II wind farm and the 24-MW La Ventolera wind farm. Source: Renewables Now
SPIC Brasil aquires 70% of Canadian Solar’s projects in Brazil
June 15, 2022
SPIC Brasil will acquire a 70% stake in Canadian Solar’s 738 MW of solar projects in Brazil. Source: Mercom Capital
EDF Renewables do Brasil will expand its wind farm project in Paraiba by 237.5 MW for a total investment of US$208 million.
June 15, 2022
EDF Renewables do Brasil signs a protocol of intent with the Government of the Brazilian state of Paraiba to expand its Serra do Serido wind project with an installation of 237.5 MW. The company will invest US$208 million in the expansion. Source: Financial Eye News
The Bahamas successfully places a US$385 million bond into international capital markets
June 15, 2022
The Bahamas successfully places a multi-million dollar blue bond in the international capital markets. The government said the US$385 million dual-tranche debt offering was oversubscribed. Source: Caribbean Loop News