New Energy, organizers of the Caribbean Renewable Energy Forum (CREF), the largest gathering of the Caribbean energy market, is pleased to announce the 5th annual CREF Industry Awards. The Awards – which will recognize excellence in projects, programs and people driving forward the clean energy transition in the Caribbean – will be honored on stage […]
And … it’s a wrap! On behalf of the New Energy team and Title Sponsors Republic Bank and KPMG, thank you to everyone who joined the 2nd Caribbean ESG & Climate Financing Summit (CaribESG 2022). We were thrilled to welcome the market to Port of Spain to meet and interact face-to-face. From interactive panel discussions […]
Guyana has signed a multi-year deal with the Hess Corporation to sell the US energy major high-quality carbon credits for US$750 million. A significant portion of the money from the deal will flow to indigenous communities. Source: Guyana Times
Brazil’s Pecem Industry and Port Complex, and Brazilian developers Casa dos Ventos Energias Renovaveis and Comerc Eficiencia, will begin construction on a green hydrogen and ammonia plant with up to 2.4 GW of electrolysis capacity. Source: EnergyNews.biz
Equinox will begin construction on its 531 MW Mendubim solar project in Brazil. The project’s total investment cost is US$430 million. Source: Renews.Biz
The Ministry of Education in Jamaica will implement pilot solar energy projects in 30 institutions to promote solar energy usage in schools. The projects will begin in 2023. Source: Caribbean National Weekly
The IFC has granted US$25 million to the Inter-American Finance Bank of Peru for green construction, energy efficiency and climate-smart agribusiness projects. Source: PV Magazine LATAM
The IDB has approved two lines of credit to Uruguay and Argentina, one of US$150 million, and another of US$500 million. The loans will be used to meet the goals of the low-carbon energy transitions in both countries. Source: PV Magazine LATAM
Bolivia launches its first distributed generation system in San Simón. The plant is powered by a hybrid of solar energy, lithium batteries, and a diesel genset. Source: PV Magazine LATAM