RUBiS Energy Jamaica will complete a USD 422 million deal and acquire 80% of the solar energy company Photosol France. The agreement will allow RUBiS to compete in the renewable energy market in the region. Source: Power Technology
José Bogarín, Executive Director of the Itaipu Technological Park (ITP), says that Paraguay has all the conditions to double the current world production of green hydrogen. If the country were to convert its “export-type” energy into green hydrogen, it would generate 4,500 tons/year of green hydrogen, reaching a global total of 8,500 tons/year. Source: The […]
Representatives of the Ministries of Energy of Chile and Bolivia have resumed talks to develop an electrical interconnection study, which will be financed by the Inter-American Development Bank (IDB). The geothermal industry is a potential big winner. Source: ThinkGeoEnergy
For the first time since the 2015 Paris Climate Agreement banks earned more through green-related bond sales and loans than through helping fossil fuel companies raise money in debt markets. Overall, banks made an estimated $3.4 billion in green labeled debt deals and only $3.3 billion from working with gas, oil, and coal companies. In […]
In an effort to achieve its goal of becoming a 100 per cent renewable energy and carbon-neutral island-state by 2030, Barbados has began the first of five phases by prohibiting the importation of any electrical lamp which emits less than 15 lumens per watt. The objective of the phase-out process is to reduce the cost […]
Caribbean commercial and investment banks, once hesitant, are now moving aggressively to finance clean energy projects across the region. Source: Jamaica Observer
The Chilean Energy Commission (CNE) is set to launch a new power auction later this month. The auction will give domestic and international power producers, including renewable energy generators the chance to close 15-year PPAs with qualified distributors. One of the conditions of the auction will ensure that electricity distributors in the country secure up […]
Enel Green Power focuses on promoting the coexistence of bees, community, and clean energy with the construction of an apiary as part of their La Loma solar project. La Loma is a 187MW (dc) solar project currently in construction in Colombia. Solar apiaries, like this one consist of hives located within the solar energy projects. […]
Vestas signed an agreement with Renova Energia for the maintenance of the 430MW Alto Sertao 3 wind complex in the Bahia region of Brazil with 24 wind farms. The agreement hands Vestas the responsibility for the operation and maintenance of 155 Alstom ECO 100, 110 and 122 turbines. They also signed an agreement in Argentina […]