Market News - Page 163 of 342 - New Energy Events

Dominican Republic signs agreement with World Bank to curb carbon emissions and reduce deforestation
May 17, 2021
The Dominican Republic’s Ministry of Finance and Ministry of Environment and Natural Resources signed a landmark agreement today with the World Bank’s Forest Carbon Partnership Facility (FCPF), unlocking payments of up to US$25 million for verified carbon emission reductions between now and 2025 through the country’s emissions reduction program. Source
‘Significant potential’ in Latin America for pumped hydro energy storage
May 8, 2021
Pumped hydro energy storage (PHS) holds significant potential for Latin America and the Caribbean (LAC) due to the region’s vast hydroelectric infrastructure, according to a new IDB study. Source
Latin American and Caribbean countries use volcanic landscapes to tap geothermal energy
May 8, 2021
Geothermal, a renewable energy source that involves drilling for hot steam deep underground, currently provides less than 1% of the world’s energy. It’s a resource that could theoretically be accessible everywhere on the planet. Advocates are particularly interested in increasing its footprint in developing countries, such as Latin America and the Caribbean, to help boost […]
Uruguay tops Latin American transition to environment friendly energy sources
May 8, 2021
Uruguay continues to be Latin America’s leading country regarding energy transition towards renewable sources, according to an index released jointly this week by the World Economic Forum and the Accenture consultancy firm. Source
Electric vehicles and renewables will need a dramatic rise in mineral supply, IEA warns
May 8, 2021
The supply of critical minerals crucial for technologies such as wind turbines and electric vehicles will have to be ramped up over the next decades if the planet’s climate targets are to be met, according to the International Energy Agency. Source
Leaders Summit showcases clean energy commitments to tackle climate crisis
May 5, 2021
Following the United States return to the Paris Climate Agreement, the Leaders Summit on Climate reconvened 17 members are responsible for approximately 80% of global emissions and global GDP. The US presented its goal of reducing emissions by 50-52% by 2030 compared to 2005 levels, which is also reflected in the nationally determined contribution the […]
UAE-Caribbean Renewable Energy Fund awards EPC contract to build resilient clean-energy project worth US$50m in Dominica
May 5, 2021
The UAE-Caribbean Renewable Energy Fund (UAE-CREF), the largest renewable energy investment of its type in the region, which is fully financed by Abu Dhabi Fund for Development (ADFD), has announced the signing of an engineering, procurement and construction (EPC) contract to build a hurricane-resistant clean energy project worth US$50m in Dominica. Source
Peru’s Hydrogen Association and ENGIE launch the country’s first diagnostic on green hydrogen
May 5, 2021
Established earlier this year, H2 Peru, the Peruvian Hydrogen Association, to kick off efforts to develop green hydrogen nationally. In a new partnership with ENGIE Impact, they have kicked off a series of steps to explore and analyze how the Andean country could build such a robust industry. Source in Spanish
Barbados gov’t considering ocean energy technology
April 29, 2021
The Barbados government says it is considering having ocean energy technology operational on the island as part of the National Energy Policy target of 100 percent renewable energy by 2030. The Ministry of Energy, Small Business and Entrepreneurship said it has conducted an Ocean Energy Consultancy, from January 2020 to March this year, to explore […]