News - New Energy Events

How Covid has changed the Caribbean renewable energy business, and how the renewable energy business can help the economic recovery of the Caribbean

By: Bruce Levy, President & CEO, BMR Energy The short term economic impact of the Covid-19 pandemic on the Caribbean has been devastating. Affecting governments, businesses and individuals alike, unemployment was – and still is – rife and the recovery will be long and slow. A year ago many of us felt that the impact […]
Latin American policymakers commit to hydrogen at inaugural H2LAC

From our Editorial Team

Hydrogen has the potential to change the face of Latin America and the Caribbean for generations to come, transforming its economies and decarbonizing its industries. As we kicked off the first annual Hydrogen Congress for Latin America and the Caribbean (H2LAC), we convened a panel of policymakers to gauge their vision and understand their approach. […]
3 Takeaways from the 5th Caribbean Infrastructure Forum

From our Editorial Team

Against the backdrop of a post-pandemic recovery, Caribbean stakeholders convened on March 24-25 at the 5th Caribbean Infrastructure Forum (CARIF) around the need – and the opportunity – to finance and build the next generation of economy-boosting, resilient infrastructure. Here’s our three main takeaways. 1. Focus less on bricks & mortar, more on bits & […]
Can we revitalize Caribbean economies through investment in infrastructure?

From our Editorial Team

The arrival of COVID-19 on Caribbean shores threatened to unleash a double-digit recession in a region dependent on air, sea and land transport to connect and grow its economies. After all, the travel and tourism sector contributed nearly US$59 billion to the Caribbean’s gross domestic product in 2019. Over the course of a recent discussion […]

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Industry Analysis

Trammo, AustriaEnergy and Oekowind Sign Memorandum of Understanding for Exclusive Green Ammonia & Green Hydrogen Offtake in Chile

Trammo DMCC, a subsidiary of Trammo, Inc., a leading global commodities merchandising and trading company, and ASOE Chile Diez SpA, a company owned by AustriaEnergy Group which manages renewable projects from development through construction and operation, signed a Memorandum of Understanding for an exclusive green ammonia offtake of the entire output of a green hydrogen/green […]
Puerto Rico Energy Bureau OKs $1.2B in electrical infrastructure projects

The Puerto Rico Energy Bureau has approved $1.2 billion to be used for all electrical infrastructure projects included in the Puerto Rico Electric Power Authority’s (PREPA) 10-year infrastructure plan. Source
Dominican Republic inaugurates 120 megawatt solar energy park

President Luis Abinader inaugurated the largest renewable energy park in the Antilles and another act, the Duarte highway kilometer 58, both works in the province of San Cristóbal. The president’s plan began in Yaguate with the inauguration of the Girasol Solar Park of the electric generation company EGE Haina, built for 100 million US dollars. […]
Hard-hit by COVID-19, Latin America seen skimping on climate cash

Latin America is investing too little in a green economic recovery from COVID-19, with only 2% of the region’s stimulus funds being spent on projects that help fight climate change, new data from Oxford University showed. Last year, 33 Latin American and Caribbean nations allocated $318 billion to fiscal and stimulus measures, but the tiny […]
Threatened Caribbean coral reefs get a new ally: the insurance industry

As climate change threatens coral reefs around the world, conservation experts in Latin America have enlisted an unlikely ally to try to preserve them: the insurance industry. Source

Webinars

How can investment in infrastructure revitalize Caribbean economies?
March 09, 2021
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Caribbean Clean Energy: A Reality Check
October 21, 2020
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Can impact investment in clean energy help drive the recovery of the Caribbean?
October 07, 2020
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