News - New Energy Events

Four Things to Know About California’s Hydrogen Market – and Why Latin America Should Pay Attention

From our Editorial Team

California is getting serious about hydrogen. Governor Newsom’s recent executive order calling for the elimination of new internal combustion passenger vehicles by 2035 cited the state-wide target of 200 hydrogen stations by 2025. Various legislators are also pushing for $300 million of the state budget to be set aside to bolster hydrogen-related infrastructure. Against this […]
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 & […]

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Industry Analysis

World Bank approves US$21.9 million to fund geothermal energy exploration in Saint Lucia

The World Bank Board of Executive Directors approved today US$21.9 million for the Renewable Energy Sector Development Project for Saint Lucia. This grant financing will help the Government of Saint Lucia assess the viability of its geothermal resources for power generation and strengthen the business environment for the private sector to pursue clean energy projects. […]
Deetken Impact sustainable energy’s investee – Solar Development Panama – secures US$4 million senior loan from Banistmo

Impact Asset Manager Deetken Impact Sustainable Energy (DISE), announces that its investee company, Solar Development Panama SA (SDP), has secured a US$4 million senior loan facility from Banistmo after finishing construction and beginning to supply energy through a long term private Power Purchase Agreement (PPA). The securing of this loan aligns well with our Funds’ […]
Electric mobility advances in Latin America and the Caribbean in the context of the pandemic – new UNEP report

The changes in the use of transport as a result of the COVID-19 pandemic and the national recovery plans are an opportunity for the governments and companies of Latin America and the Caribbean to accelerate the transition towards electric mobility, according to a United Nations Environment Program (UNEP) report released today. Source
U.S. Ambassador hails U.S.-Antiguan partnership on new power plant project

The United States Ambassador to Antigua and Barbuda and the Eastern Caribbean, Linda Taglialatela hailed the collaboration of American company Eagle LNG and Antiguan companies Antigua Power Company (APC) and the Antigua Public Utilities Authority (APUA) in what will be the island’s first power plant integrating natural gas infrastructure and power generation. Source
NG Energy International: Fueling Colombia’s clean energy transition

Natural gas has become an essential source of power generation, particularly on the Caribbean coast. In an IHS Markit report released in March 2021, it revealed that the Andean countries (Colombia, Ecuador, Peru and Venezuela) would see an increase in gas demand from 54 million cubic meters per day in 2020 to 177 million cubic […]

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