Author Archives: newenergyadmin

CIBC FirstCaribbean & KPMG return to CARIF 2022 as Title Sponsors

The organizers of CARIF are excited to announce that CIBC FirstCaribbean and KPMG have confirmed they will return to CARIF as Title Sponsors of this year’s event. Both organizations bring a wealth of infrastructure advisory experience, and a track-record of regional transactions spanning decades, to the event. They also bring a huge network of public […]

Mexico’s FEFA issues landmark financial inclusion social bond

Fondo Especial para Financiamientos Agropecuarios (FEFA) has issued a landmark US$300 million bond, one tranche of which is earmarked to finance projects in eligible categories – including access to financial products and services in the agricultural, forestry, fisheries and rural sectors – under FEFA’s social bond framework. Source: White & Case   

The National Gas Company of Trinidad and Tobago Limited (NGC) and NewGen sign non-binding LOI to evaluate NewGen’s hydrogen project

Trinidad and Tobago’s national gas company signed a non-binding LOI with NewGen Energy Limited to work together to evaluate the development of NewGen’s hydrogen production facility. Source: Media.NGC

Embraer SA will become 100% renewable in Brazil

Embraer SA, the Brazilian aerospace company, signed a PPA guaranteeing that 100% of the electricity the company needs in Brazil will come from renewable sources. Source: Renewables Now

Brazil awards renewable power supply contracts with a combined capacity of around 947.9 MW

Brazil has awarded a combined capacity of around 947.9 MW in renewable power supply contracts. The contracts represent more than US$1.5 billion in future investments. Source: Renewables Now

Dominican Republic inaugurates 50 MW solar farm

The government of the Dominican Republic has inaugurated the 50 MW solar farm, El Soco. The total investment in the plant was approximately US$90 million. Source: Renewables Now  

Hydrogen industry leaders work together on feasibility study to develop 200-400 MW of green hydrogen in Chile

GASCO, HyNewGen, Linde, Vopak, and Port of Rotterdam are currently concluding a feasibility study to develop a green hydrogen project in Chile, with a capacity of around 200-400 MW. Source: Port of Rotterdam

Dominica details progress on the first two well pads for a ten-megawatt geothermal power plant on the island

Dr. Vince Henderson of the Government of Dominica confirmed progress on the first two well pads for a 10 MW geothermal power plant in Laudat. The entire project will take around 18 months to complete. Source: Associate Times

Barbados will begin constructing a 10 MW solar plant within the year

The Barbados Workers’ Union, Barbados National Oil Company Limited, and Emera Caribbean signed an MoU to begin constructing a US$25 million, 10 MW solar plant at Mangrove, St. Philip, within a year. Source: GIS Barbados