Caribbean - Page 8 of 60 - New Energy Events

MPC Clean Energy stock jumps more than 25%
July 21, 2021
MPC Caribbean Clean Energy Limited saw its value increase by more than a fourth as it led gains Friday in trading on the Jamaica Stock Exchange (JSE). The stock rose 25.64 per cent to close at $147, with only 76 units trading. Source
EU unveils new 40% renewables target for 2030 and green hydrogen mandates
July 21, 2021
The European Commission (EC) has unveiled its long-awaited Fit for 55 package — a series of proposals that aim to put the policies in place that will enable the EU to reduce its greenhouse gas emissions by at least 55% (compared to 1990 levels) by 2030. These include a new target of 40% of the […]
Growth with equity, the priority in the post-pandemic agenda for Latin America and the Caribbean
July 14, 2021
The pandemic has hit the Latin American and Caribbean region hard. Economies contracted more in 2020 than at any other time in over a century. For 2021, we expect a partial recovery. Nevertheless, the best way out of this crisis would be one in which the region can overcome the low growth that persisted before […]
Joint statement of Chile and The Netherlands on collaboration in the field of green hydrogen import and export
July 14, 2021
The Minister of Energy of Chile, Mr Juan Carlos Jobet Eluchans, and the State Secretary for Economic Affairs and Climate Policy of the Netherlands, Ms Dilan Yeşilgöz-Zegerius, met in The Hague on the 1st of July to exchange views on the role of hydrogen in the energy transition and on future collaboration. In the joint […]
How much renewables expansion is needed for a global green hydrogen economy?
July 14, 2021
Hydrogen is increasingly being touted as the molecule of choice for the energy systems of the future. It has a vast range of potential applications, from heating to long-distance transportation to steel production, and “green hydrogen” can be produced with renewable energy. But using solar or wind power to split water into hydrogen and oxygen […]
Puerto Rico, U.S. Virgin Islands closer to getting $2 billion for electric grid repairs
July 5, 2021
The U.S. Department of Housing and Urban Development published a federal register notice for $1.93 billion in electrical grid funding, outlining the rules and regulations governing its use. The money is meant to help the electrical system become more resistant to future storms and climate change, as well as emit less carbon dioxide. It also requires […]
Deetken Impact Sustainable Energy Signs Agreements to acquire participation in the Monte Plata Solar power plant in the Dominican Republic
July 5, 2021
Impact asset manager Deetken Impact Sustainable Energy (DISE), announces the signing of agreements for the acquisition of the Monte Plata solar power plant in the Dominican Republic. DISE will participate through its two renewable energy Funds, H-REFF (Honduras Renewable Energy Financing Facility) and CABEF (Caribbean Basin Sustainable Energy Fund), that co-invest in Central America and […]
ECLAC: Caribbean has right conditions to become renewable energy hub
July 5, 2021
The Economic Commission for Latin America and the Caribbean (ECLAC) says the region has all the right conditions to become a renewable energy hub with great potential in green hydrogen. “Several countries in Latin America and the Caribbean have advantages for entering this market because their electricity matrices are relatively clean or are in the […]
Tourism-Dependent Caribbean sees signs of life on travel uptick
July 2, 2021
Some Caribbean nations are seeing signs of a recovery in tourism after border closures and the Covid-19 pandemic decimated their economies last year. As vaccinations increase and people eye travel, Caribbean nations stand to benefit due to their proximity to the U.S., Senior Director for Fitch Ratings Charles Seville said. Many Caribbean islands have few […]