Industry News - New Energy Events

U.S. firm Eagle LNG signs deal to set up Aruba receiving terminal

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

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

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

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’

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

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 […]
Bluestone to progress studies on geothermal project, Guatemala

Reporting on the progress on the company’s Cerro Blanco gold mining project in Guatemala, Bluestone Resources Inc. announced plans for an open pit gold mine development. Proceeding with a feasibility study, permitting, and capacity building in the communities within the area of influence, the element of “responsible development” is highlighted by Bluestone. Source
HDF Energy successful IPO to accelerate development in LAC region

HDF Energy (Hydrogène de France) has raised €132m ($156M) in a recent IPO that will help develop its first factory for utility-scale (1MW+) fuel cells using PEM technology. HDF also said that the IPO will support an acceleration in the development of HDF Energy’s power plants and continue its international expansion in addition to being […]
Trammo, AustriaEnergy and Oekowind Sign Memorandum of Understanding for Exclusive Green Ammonia & Green Hydrogen Offtake in Chile

Trammo DMCC, a subsidiary of Trammo, Inc., a leading global commodities merchandising and trading company, and ASOE Chile Diez SpA, a company owned by AustriaEnergy Group which manages renewable projects from development through construction and operation, signed a Memorandum of Understanding for an exclusive green ammonia offtake of the entire output of a green hydrogen/green […]