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Industry Analysis

  • The National Gas Company of Trinidad and Tobago Limited (NGC) and NewGen sign non-binding LOI to evaluate NewGen’s hydrogen project

    June 2, 2022

    Trinidad and Tobago’s national gas company signed a non-binding LOI with NewGen Energy Limited to work together to evaluate the development of NewGen’s hydrogen production facility. Source: Media.NGC

  • Embraer SA will become 100% renewable in Brazil

    June 2, 2022

    Embraer SA, the Brazilian aerospace company, signed a PPA guaranteeing that 100% of the electricity the company needs in Brazil will come from renewable sources. Source: Renewables Now

  • Brazil awards renewable power supply contracts with a combined capacity of around 947.9 MW

    June 2, 2022

    Brazil has awarded a combined capacity of around 947.9 MW in renewable power supply contracts. The contracts represent more than US$1.5 billion in future investments. Source: Renewables Now

  • Dominican Republic inaugurates 50 MW solar farm

    June 2, 2022

    The government of the Dominican Republic has inaugurated the 50 MW solar farm, El Soco. The total investment in the plant was approximately US$90 million. Source: Renewables Now  

  • Hydrogen industry leaders work together on feasibility study to develop 200-400 MW of green hydrogen in Chile

    June 2, 2022

    GASCO, HyNewGen, Linde, Vopak, and Port of Rotterdam are currently concluding a feasibility study to develop a green hydrogen project in Chile, with a capacity of around 200-400 MW. Source: Port of Rotterdam

  • Dominica details progress on the first two well pads for a ten-megawatt geothermal power plant on the island

    June 2, 2022

    Dr. Vince Henderson of the Government of Dominica confirmed progress on the first two well pads for a 10 MW geothermal power plant in Laudat. The entire project will take around 18 months to complete. Source: Associate Times

  • Barbados will begin constructing a 10 MW solar plant within the year

    June 2, 2022

    The Barbados Workers’ Union, Barbados National Oil Company Limited, and Emera Caribbean signed an MoU to begin constructing a US$25 million, 10 MW solar plant at Mangrove, St. Philip, within a year. Source: GIS Barbados

  • BNEF predicts green hydrogen will be cheaper than blue hydrogen by 2030

    June 2, 2022

    According to BNEF, renewable ‘green’ hydrogen will be cheaper than ‘blue’ hydrogen by 2030. Source: BNEF

  • European Commission unveils plan to produce ten million tons of green hydrogen by 2030

    June 2, 2022

    The European Commission unveiled plans to produce ten million tons of green hydrogen inside the EU by 2030, and they plan to import another ten million by the same year. Source: Recharge News

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