Author Archives: newenergyadmin

The second phase of the Energy Smart Fund is open for Barbados’ companies

The second phase of the IDB-led Energy Smart Fund in Barbados is now open to micro, small, and medium enterprises across sectors, with the ability to invest US$13 million in total. Source: Barbados Loop News

BNEF predicts green hydrogen will be cheaper than blue hydrogen by 2030

According to BNEF, renewable ‘green’ hydrogen will be cheaper than ‘blue’ hydrogen by 2030. Source: BNEF

European Commission unveils plan to produce ten million tons of green hydrogen by 2030

The European Commission unveiled plans to produce ten million tons of green hydrogen inside the EU by 2030, and they plan to import another ten million by the same year. Source: Recharge News

Portugal’s GALP looks to Brazil to expand their renewables portfolio

Portugal’s GALP is looking to Brazil to expand its renewables portfolio. The company doubled its global clean energy investments after purchasing a 4.8 GW project pipeline. Source: Clean Energy News

Punta Arenas, Chile, emerges as hydrogen hub with three advanced projects in the works

Punta Arenas, Chile, has become a hydrogen capital with three advanced hydrogen projects currently in the works and plans to construct a port that will allow the export of green hydrogen to the world. Source: Latercera

Shell and Brazil’s Porto do Açu sign MoU to construct a 10 MW green hydrogen plant

Shell and Brazil’s Porto do Açu are teaming up to build a green hydrogen plant. The terms of the MoU include the construction of a 10 MW green hydrogen plant by 2025. Source: Nasdaq

ESG data market could exceed US$1.3 billion by the end of the year

According to US-based management consultancy Opimas, the market for ESG data could exceed US$1.3 billion by the end of the year. Source: Environment Analysis

Government of Panama, SGP BioEnergy, plan to develop a biorefinery to increase the supply of lower-carbon aviation fuel

The government of Panama, with other energy companies, including SGP BioEnergy, plan to develop an advanced biorefinery to increase the supply of lower-carbon aviation fuel. The biorefinery in Panama expects to produce around 180,000 barrels of biofuel per day, including sustainable aviation fuel (SAF) and renewable marine diesel. Source: Reuters

Hydrogen-powered Hyundai has been driving the streets and roads of Colombia

Last year, a Hyundai Nexo, owned by Hevolución, was imported into Colombia and has been driving around fueled by hydrogen. The car’s tank has six kilos of hydrogen, and for every nine liters of water, it generates one kilo of hydrogen. Source: Forbes