Guest Editorial by David Gumbs, James Fletcher & Justin Locke COVID-19 is crushing tourism-based, import-dependent economies across the Caribbean. Recovery will be slow—but it can also be revolutionary. Guest contributors David Gumbs, James Fletcher and Justin Locke frame for us a vision for how regional governments, with the help of multilateral institutions and global philanthropy, […]
Summary of Guest Editorial by David Gumbs, James Fletcher & Justin Locke Read the editorial in full here. The global economy is on lockdown and the predictions are staggering. What is becoming increasingly clear is that the world after COVID-19 will look very different than it did before COVID-19. The long-term realities of the coronavirus […]
In its latest financial announcement, Italian energy company Enel said the pandemic currently poses “no material disruption” to its renewable project supply chain, and that it expects to meet its 2020 energy targets. The company intends to move forward with plans to add an additional 14.1GW of renewables by 2022, which includes projects in Chile […]
The recent oil price collapse, combined with the economic contraction resulting from measures to fight the global Covid-19 pandemic, will have extensive and largely unforetold impacts for Latin American energy markets and beyond. These implications include cuts to investment and delays to ongoing projects in both oil & gas and renewable energy, fiscal and broader […]
The Board of Directors of the Caribbean Development Bank (CDB) has this week approved the Bank’s new Gender Equality Action Plan 2020-2024 to deepen its work on gender equality in Borrowing Member Countries and in the institution. Building on its investment in gender equality during the last decade, CDB is stepping up its gender responsiveness. […]
Following a site visit on December 11, 2019, by twenty-eight global companies, five companies have submitted bids for the Anegada Hybrid Renewable Energy and Battery Storage System Project. BVIEC said the companies who submitted bids and their main characteristics for the project are Advanced Solar Products, MAN-HEG, Power52, Tugliq and Virtual Engineers. The combined Project […]
The Regulatory Authority is inviting comments through May 4, 2020 from the public on the proposed change of control of utility Belco. Algonquin Power and Utilities Corporation, a Canadian group, has agreed to acquire Ascendant Group Ltd, parent company of Belco, in a deal worth more than $360 million. Ascendant’s board and shareholders have approved […]
While it may be too soon to have a clear picture on the level of disruption, the wind industry will face a supply chain disruption due to COVID-19. With wind component factories closing down in Spain, and the UK, major suppliers will face delays in distributing necessary parts to reach the anticipated 4.36 GW of […]
The organizers of GEOLAC are pleased to announce that the Government of Colombia has endorsed and will co-host GEOLAC 2020. The Minister of Energy and Mines, Maria Fernanda Suárez, will give the opening address. Regulatory clarity and updates to legal frameworks are crucial to expanding geothermal in Latin America. Colombia’s Vice President of Energy, Diego […]