Industry Analysis

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  U.S. lawmakers demand answers from LUMA Energy regarding Puerto Rico’s failing electric grid

  House Democrats in a Friday letter asked the head of Puerto Rico’s electric utility, LUMA Energy, for additional details on staffing levels, expenditures, executive compensation and a stretch of power outages that have occurred since the company took over grid operations from the Puerto Rico Electric Power Authority (PREPA) this summer. Source

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  The battle for solar power in Puerto Rico

  Campaigners say rooftop solar and storage system should be rolled out more widely to tackle Puerto Rico’s energy crisis and the global climate emergency – both of which are exacerbating racialized health inequalities, as reported by The Guardian.   Source

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  What the Caribbean Needs from COP26

  Nowhere in the world needs COP26 to deliver more than the Caribbean. As the effects of climate change accelerate, New Energy asked key figures from across the region to tell us what they hope for, and what the international community needs to do to support the bid for resilience and the energy transition in the […]

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  Financing pipeline for Caribbean solar projects

  Soleco Energy looks to secure US$25mn (syndicated amount US$11.1mn, financing amount US$13.9mn) for a portfolio of distributed generation assets in Jamaica for a combined 11.25MWp which will be contracted with commercial and industrial clients through long-term lease contracts in a first phase, as reported by BNA Americas. Source

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  Green hydrogen production to drive Latin America and the Caribbean’s green energy agenda with effective policy intervention

  GlobalData’s latest report, ‘Latin America and the Caribbean Hydrogen Market’, notes that an abundance of renewable and biomass resources in the LAC region could allow for low-cost green hydrogen production, with Chile expected to produce the world’s cheapest green hydrogen in its southern regions by 2030. The report highlights that the main barrier to the […]