Market News - Page 157 of 342 - New Energy Events

El Salvador plans bitcoin mining using geothermal energy
July 14, 2021
El Salvador announced plans on accepting cryptocurrency as legal tender and calls for the use of geothermal energy for bitcoin mining in the country. News outlets around the world are going a bit wild on recent stories that El Salvador wants to “power crypto-mining with 100% cheap, renewable ‘Volcano’ energy”. Before jumping on that wagon, […]
Joint statement of Chile and The Netherlands on collaboration in the field of green hydrogen import and export
July 14, 2021
The Minister of Energy of Chile, Mr Juan Carlos Jobet Eluchans, and the State Secretary for Economic Affairs and Climate Policy of the Netherlands, Ms Dilan Yeşilgöz-Zegerius, met in The Hague on the 1st of July to exchange views on the role of hydrogen in the energy transition and on future collaboration. In the joint […]
How much renewables expansion is needed for a global green hydrogen economy?
July 14, 2021
Hydrogen is increasingly being touted as the molecule of choice for the energy systems of the future. It has a vast range of potential applications, from heating to long-distance transportation to steel production, and “green hydrogen” can be produced with renewable energy. But using solar or wind power to split water into hydrogen and oxygen […]
Government of Ceará and Qair Brasil sign agreement to develop renewable energy projects with an investment of almost $7B
July 7, 2021
Governor Camilo Santana signed a Memorandum of Understanding between the Government of Ceará department and the multinational Qair Brasil for the development of a green hydrogen production plant with electricity generated through the Wind Complex Marítimo Dragão do Mar and an offshore wind energy park. The total planned investment is US$ 6.95 billion, generating 2,000 […]
Bluestone to progress studies on geothermal project, Guatemala
July 7, 2021
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
Puerto Rico, U.S. Virgin Islands closer to getting $2 billion for electric grid repairs
July 5, 2021
The U.S. Department of Housing and Urban Development published a federal register notice for $1.93 billion in electrical grid funding, outlining the rules and regulations governing its use. The money is meant to help the electrical system become more resistant to future storms and climate change, as well as emit less carbon dioxide. It also requires […]
Deetken Impact Sustainable Energy Signs Agreements to acquire participation in the Monte Plata Solar power plant in the Dominican Republic
July 5, 2021
Impact asset manager Deetken Impact Sustainable Energy (DISE), announces the signing of agreements for the acquisition of the Monte Plata solar power plant in the Dominican Republic. DISE will participate through its two renewable energy Funds, H-REFF (Honduras Renewable Energy Financing Facility) and CABEF (Caribbean Basin Sustainable Energy Fund), that co-invest in Central America and […]
ECLAC: Caribbean has right conditions to become renewable energy hub
July 5, 2021
The Economic Commission for Latin America and the Caribbean (ECLAC) says the region has all the right conditions to become a renewable energy hub with great potential in green hydrogen. “Several countries in Latin America and the Caribbean have advantages for entering this market because their electricity matrices are relatively clean or are in the […]
Chile’s green lessons for emerging markets
July 5, 2021
According to the Editorial Board at the Financial Times, the dash for hydrogen shows that fossil fuels are not the only route to prosperity. They write, “there is, however, a notable exception to this climate-blind rush in Latin America towards hydrocarbons. Chile has put together one of the world’s most ambitious plans for renewable energy, […]