Market News - Page 156 of 342 - New Energy Events

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 […]
Four Things to Know About California’s Hydrogen Market – and Why Latin America Should Pay Attention

From our Editorial Team
July 21, 2021
California is getting serious about hydrogen. Governor Newsom’s recent executive order calling for the elimination of new internal combustion passenger vehicles by 2035 cited the state-wide target of 200 hydrogen stations by 2025. Various legislators are also pushing for $300 million of the state budget to be set aside to bolster hydrogen-related infrastructure. Against this […]
AES sees ‘aggressive’ gas competition in CentAm, Caribbean
July 21, 2021
The large presence of LNG terminals in Central America and the Caribbean has led to a large availability of natural gas and very aggressive competition, according to Freddy Obando from AES. The US company’s chief commercial officer for Mexico, Central America and the Caribbean made the comment during a virtual forum on the future of gas […]
MPC Clean Energy stock jumps more than 25%
July 21, 2021
MPC Caribbean Clean Energy Limited saw its value increase by more than a fourth as it led gains Friday in trading on the Jamaica Stock Exchange (JSE). The stock rose 25.64 per cent to close at $147, with only 76 units trading. Source
South Korea asks for Chile’s help in joining Latin America trade bloc, includes green hydrogen boost
July 21, 2021
Foreign Minister Chung Eui-yong asked for Chile’s cooperation in South Korea’s bid to join a regional trade bloc in Latin America, the foreign ministry said Wednesday. Chung made the call during in-person bilateral talks with Chilean Foreign Minister Andrés Allamand in Seoul earlier in the day, as Seoul is seeking to become an associate member […]
EU unveils new 40% renewables target for 2030 and green hydrogen mandates
July 21, 2021
The European Commission (EC) has unveiled its long-awaited Fit for 55 package — a series of proposals that aim to put the policies in place that will enable the EU to reduce its greenhouse gas emissions by at least 55% (compared to 1990 levels) by 2030. These include a new target of 40% of the […]
Canadian Solar Wins 45 Mw Solar Battery Storage Project For Barranquilla, Colombia
July 21, 2021
Canadian Solar Inc. yesterday announced it has been awarded the first utility-scale battery storage project in Colombia. The 45 megawatt-hour project was awarded in a public tender launched by Colombia’s Ministry of Energy and Mines, via its affiliate UPME, the Mining and Energy Planning Unit. Located in the city of Barranquilla in northern Colombia, this project […]
Growth with equity, the priority in the post-pandemic agenda for Latin America and the Caribbean
July 14, 2021
The pandemic has hit the Latin American and Caribbean region hard. Economies contracted more in 2020 than at any other time in over a century. For 2021, we expect a partial recovery. Nevertheless, the best way out of this crisis would be one in which the region can overcome the low growth that persisted before […]
As South American LNG demand soars, New Fortress secures gas supply through 2027
July 14, 2021
New Fortress Energy Inc. (NFE) has reached an agreement for liquefied natural gas (LNG) supply through 2027 for most of its import terminals and power generation facilities. The company has nine import terminals in operation or under development in the Caribbean, Central America, Mexico and South America. It imports LNG in underserved markets where it’s […]