COVID-19

New Fortress short-listed by PREPA for temporary energy production

Liquified Natural Gas provider New Fortress Energy confirmed it’s been short-listed by the Puerto Rico Electric Power Authority (PREPA) for a temporary emergency generation RFP. Released in March, the RPF seeks to lease up to 500 MW of temporary generation capacity. This would help fill an energy gap following the Jan. 6 earthquake that shut […]

Women in Energy: Navigating Covid-19

From our Editorial Team

As Covid-19 continues to impact livelihoods and economies, what are the implications for the clean energy market in the Caribbean? How can we personally rise to the challenges and maintain our own self-resilience in these unprecedented times?  We gathered an all-female webinar panel of Caribbean energy leaders to hear how they are navigating Covid-19 related […]

Barbados politicians urge government to direct funds towards renewable energy

With over $270 million to be allocated to capital works expenditure, Barbados Senator Crystal Drakes is urging government to use some of these funds to push job creation in the renewable energy sector. “If you want to engage in an exercise where you have job creation, you need to take some of the $274 million […]

Laguna Colorada geothermal project faces Covid-19 delays

Bolivia’s state power company Ende has suspended its consultancy procurement call for the 100 MW Laguna Colorada geothermal project, due to ongoing quarantine due to the coronavirus crisis, which runs through May 10. Expressions of interest for the consultancy contract, which includes preparing bidding documents to select contractors, were due by May 18. Source

Green bond market showing potential signs of resilience during Covid-19

Financing countries’ climate and sustainable development commitments will require global investment on an “unprecedented scale”, the report stated. IFC estimates cumulative climate investment potential of $29.4tn in emerging market cities through 2030. Sustainable finance policies and products, like debt capital instruments, are already helping to plug this gap, by financing projects with environmental and social […]

US sitting on billions in clean energy loans

The Trump administration is holding onto approximately US$43 billion in low-interest loans for clean energy projects, as Congress considers more financial relief in response to Covid-19. With a projected budget deficit nearing $4 trillion, the loans — previously authorized by Congress — could fund projects that stimulate a troubled economy. Eligible sectors include renewable power, […]