Market News - Page 154 of 355 - New Energy Events

Huge $2.6 billion green hydrogen project planned for Europe
December 21, 2021
Iberdrola, a Spanish power company and Sweden’s H2 Green Steel partner to finance a $2.6 billion project to develop a green hydrogen facility with an electrolysis capacity of 1 gigawatt on the Iberian Peninsula. Iberdrola will provide the green hydrogen and H2 Green Steel will use the facility to produce roughly 2 million tons of […]
Costa Rica to take advantage of electricity surplus to develop green hydrogen
December 21, 2021
The Government of Costa Rica plans to tap into into the surplus resources in the National Electric System (SEN) in an effort to move towards the development a green hydrogen economy and decarbonization. One of the key objectives in the initiative is to create a hydrogen promotion plan by establishing guidelines for the development of […]
AES Brasil to invest in a green hydrogen plant in Ceará
December 20, 2021
The Government of Ceará in Brazil recently signed an MOU with AES Brazil that aims to increase investments in the state’s green hydrogen sector. The MOU was the 14th signed by Ceará in this rapidly emerging market, and will lead to the construction of a green hydrogen production plant in the Pecem industrial and port […]
MPC Energy Solutions and Leclanché form strategic collaboration for utility-scale energy storage solutions in St. Kitts and Nevis
December 20, 2021
MPC Energy Solutions (MPCES) has partnered with Leclanché, one of the world’s leading energy storage companies, publicly listed in Switzerland (SIX: LECN), to build the previously announced 35.7 MWp solar photovoltaic (PV) and 18.2 MW battery energy storage system (BESS) project designed with Leclanché Energy Management Software (L-EMS) in St. Kitts’ Basseterre Valley, next to […]
Panama ranked as one of the most attractive markets in the Americas for energy transition investments
December 20, 2021
Panama has officially ranked fifth as the most attractive market for investment in the energy transition among the countries in the Americas, according to the Climatescope 2021 report released by Bloomeberg New Energy Finance. The report highlights the transition for transportation policies as one of the three pillars of emerging markets for investors to look […]
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 […]
Mountain Partners to Create Chile’s First Climate VC Fund
December 9, 2021
For the first time ever, Chile will have a climate venture capital fund that will focus on investing in companies contributing to fighting climate change. Mountain Partners AG’s Chilean division is in the process of setting up the fund. They planned to raise $50 million, and have already secured most of the funding. Its first […]
Spain’s Dominion Energy, Bas unveil 50-MW solar project in Dominican Republic
December 9, 2021
After a year of building in the Dominican Republic, Spanish renewables developers Dominion Energy SL and its affiliate Bas Projects Corporation SL unveiled their 50-MW solar farm, El Soco. Development is still underway, but Bas Projects Corporation CEO Emilio Martinez told local media that the El Soco plant could be connected to the grid in […]