Industry News - New Energy Events

Panama Leads in the Hydrogen Energy Transition in Central America
January 19, 2022
Panama leads in the hydrogen energy transition in Central America as it shifts toward becoming a hub for green hydrogen production and distribution. The Secretary of Energy in Panama recently released a Green Hydrogen Roadmap positioning Panama as a key player in the future of the hydrogen market. Source: Energia Estrategica (In Spanish)
BNP Paribas SA Estimates USD 880 billion in Green Bond Sales Worldwide
January 19, 2022
Latin America is estimated to be the world’s largest developing issuer of new ESG debt. BNP Paribas SA, one of the largest underwriters of ESG (Environmental, Social and Governance)-linked bonds, projects USD 880 billion in green bond sales worldwide, including USD 265 billion from emerging markets in 2022. Around 40% of all Latin American bond […]
Chile Predicts H2 Magallanes Facility will Produce 888,000 Tons of Green Hydrogen Per Year
January 19, 2022
After Chinese oil and gas company Sinopec announced the development of a massive green hydrogen facility that will produce about 20,000 tons of green hydrogen per year, Chile announced a larger green hydrogen project, H2 Magallanes. Chile predicts the project will produce around 888,000 tons per year. Source: Hydrogen Fuel News
U.S. firm Eagle LNG signs deal to set up Aruba receiving terminal
December 20, 2021
U.S. firm Eagle LNG Partners signed a long-term contract to set up a $100-million liquefied natural gas (LNG) receiving and regasification terminal in Aruba with domestic power and water utility WEB Aruba, the companies said. The Aruba LNG terminal, located at Refineria di Aruba, the site of an idled refinery in the city of San […]
CAF to use $7 billion capitalization for recovery, renewables in Latin America
December 20, 2021
CAF, the Development Bank of Latin America, will use $7 billion in planned equity capitalization to back economic recovery and renewable energy development in the region. CAF president Sergio Diaz-Granados says he wants CAF to be the green bank of the region, stating, “the bank is not just for sustainable reactivation, but is thinking of […]
Inter-American Dialogue launches task force on climate change in the Northern Triangle
September 10, 2021
The Inter-American Dialogue has launched a task force to tackle climate change in the Northern Triangle. The countries of Central America’s Northern Triangle (El Salvador, Guatemala, and Honduras) are among the most vulnerable in the world to the severe and mounting impacts of climate change. Hurricanes regularly strike the region, compounding preexisting humanitarian and economic […]
Caribbean, Central America solar development advances
September 1, 2021
Various companies across Central America and the Caribbean reported advances in developing solar capacity in the region. The report highlights the Dominican Republic’s national energy commission (CNE) has authorized photovoltaic resource studies for four solar projects which hold provisional concessions. It also highlighted the provisional licenses granted in Panama to Argentum Solar and Caldera Energy for […]
Giga-scale green hydrogen: ‘Developers are being unrealistic about levelized costs’
August 4, 2021
Recent announcements such as the $70bn, 28GW Western Green Energy Hub in Australia, the 15GW Oman project or the relatively meagre 4GW Helios project in Saudi Arabia and HNH in Chile have captured the headlines but there is one interesting point they all have in common. Each project’s estimated levelised cost of hydrogen works out […]
Assassination of Haitian Leader Highlights Nation’s Monopoly-Dominated Economy
July 21, 2021
The killing of President Jovenal Moïse took place against a backdrop of elite power, anticompetitive policies, and the U.S. doing little to create open markets. The power vacuum and dangerous instability in the Francophone nation result from many factors, but the American media ignore big ones, including state capture by elites, a grim monopolism that […]