On April 30, 2020, we hosted the first Women in Energy | Caribbean webinar. An all-female panel of Caribbean energy leaders joined us to speak about how they are navigating Covid-19 related challenges to their industry, careers and personal and professional livelihoods. To watch this complimentary webinar now, click here. Webinar topics include: What are […]
Just a few months ago, a disaster in Puerto Rico was measured in the magnitude of several earthquakes. But a slower and more seismic disaster has now struck, as Covid-19 unravels the island’s economy. How will Covid-19 impact Puerto Rico’s grid? We gathered the CEO of PREPA, and some of the utility’s biggest customers, to […]
EDP Renovaveis S.A. (EDPR), the renewable energy arm of Portuguese power utility EDP, has secured a 15-year power purchase agreement with Mexican electricity trader Ammper Energia S.A.P.I. de C.V. The offtaker will buy power from the 200 MW Los Cuervos solar power plant that EDPR is building in the Mexican state of Aguascalientes. The installation […]
Jamaica’s utility, JPS, reported that while the company has seen an overall decrease in electricity consumption by approximately 2.5 percent in March, residential demand is up by 3 percent. Since the COVID-19 outbreak, many are spending more time at home, and have increased consumption varying five to 50 percent. “People who would have been out […]
According to new analysis from IRENA, a Covid-19 recovery focused on renewables could be the key to a $100-trillion boost in global GDP and millions of new jobs by 2050. The analysis estimates that a “renewables-based” decarbonization shift would require up to US$130 trillion in investment through 2050. But IRENA estimates that the world would […]
Shareholders of Chilean developer AES Gener approved the proposed raising of US$500 million for the installation of 1.6GW of solar and wind projects in Chile and Colombia. The total US$1.8 billion in funding will come from a combination of the US$500-million capital increase, cash and third-party partnerships. This includes US$335 million from top shareholder AES […]
In the first few weeks of April, Cuban electricity consumers were using amounts of electric power above what is consumed in the summer months. Cuban authorities issued an alert to the population to encourage energy savings. This is happening during a time when many residents are at home due to the COVID-19 pandemic, in combination […]
How is Covid-19 impacting Puerto Rico’s energy market, and what are the implications for utility customers? On Tuesday, April 14, we explored what this means for the future of the island’s grid. To listen to this complimentary webinar, click here. The discussion covers critical issues such as: How shifts in electricity demand are impacting the […]
The Caribbean is no stranger to disaster. In a COVID-19 world, however, the Caribbean faces not only an unknown future for itself but a future in which its typically stable partners are experiencing the same economic contraction. Is there a way for the Caribbean to emerge stronger, and more resilient? With Caribbean islands in various […]