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Market News

  • Government of Dominica acquires Emera’s majority holdings in DOMLEC

    April 14, 2022

    Emera Incorporated announces the sale of its majority holding in Dominica Electricity Services Limited (DOMLEC) to the Government of the Commonwealth of Dominica. Source: Business Wire

  • Ad Astra Rocket and Mesoamerica form ProNova Energy to create full value chain hydrogen offering for Latin America

    April 14, 2022

    ProNova Energy, a joint venture between Ad Astra Rocket and Mesoamerica, seeks to mobilize rapidly to capitalize on hydrogen opportunities in Latin America. Source: H2 View

  • The Bahamas receives USD 9 million to construct two solar microgrids at the University of the Bahamas

    April 14, 2022

    The University of The Bahamas will construct two solar microgrids on Abaco through a US$9 million non-reimbursable financing agreement facilitated by the European Union Caribbean Investment Facility. Source: The Nassau Guardian 

  • Enegix Energy signs MoU with Black & Veatch for study on Base One green hydrogen plant in Ceará

    March 29, 2022

    Enegix Energy signed an MoU with Black & Veatch, a global engineering and construction firm, to complete a study to determine the practicality of the Base One green hydrogen plant in Ceará, Brazil. The hydrogen project, in cooperation with the State Government of Ceará, will have a total investment of US$5.4 billion. Source: Renews.Biz 

  • State of Ceara signs another two MOUs to develop PV and produce hydrogen

    March 29, 2022

    The government of the Brazilian state of Ceara signed MoUs with two firms to develop PV and produce hydrogen. Kroma Energia plans to develop 690 MW of PV in Ceara, and H2 Green Power Ltda seeks to produce green hydrogen at the Pecem industrial and port complex. Source: Renewables Now

  • AES and BRF sign agreement to construct the Cajuina wind complex in Brazil

    March 29, 2022

    AES signed an agreement with BRF, the Brazilian food giant, for a joint venture to construct a 160MW wind project in Brazil. The wind project, the Cajuina wind complex, located in Rio Grande do Norte, is scheduled to start operations in 2024. The complex will supply BRF with energy through a 15-year PPA. Source: Renews.Biz

  • Ecopetrol and Promigas launch Colombia’s first two hydrogen projects

    March 29, 2022

    Hydrogen makes landfall in Colombia. Ecopetrol started green hydrogen production with a 53.2 kW electrolyzer, and Promigas launched a project with plans to blend hydrogen with gas in its transport network. Source: BN Americas

  • Barranquilla, Colombia signs MoU for construction of 350 MW offshore wind farm

    March 29, 2022

    The city of Barranquilla in Colombia signed an MoU with a subsidiary of Copenhagen Infrastructure Partners to construct a 350MW offshore wind pilot project. If successful, the project will be the first offshore wind farm in Latin America. Source: Renews.Biz

  • Flash Motors Company Ltd. becomes the first dedicated electric vehicle company in Jamaica

    March 29, 2022

    Xavier Gordon, a mechanical engineer, and Carey Escoffery, a finance professional, launched Jamaica’s first dedicated Electric Vehicle company, Flash Motors Company Ltd. The company will supply a full suite of EVs, EV service equipment, and charging network solutions across the Caribbean. Source: Cayman Loop News

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