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  • Hydrogen plan isn’t very green under U.S. infrastructure deal

    August 4, 2021

    Building a hydrogen-based energy system in the U.S., which some analysts call key to fighting climate change, would be based largely on fossil fuels under the bipartisan infrastructure bill heading for a Senate vote. The legislation provides for $8 billion in spending to establish at least four “regional clean hydrogen hubs” producing and using the […]

  • Giga-scale green hydrogen: ‘Developers are being unrealistic about levelized costs’

    August 4, 2021

    Recent announcements such as the $70bn, 28GW Western Green Energy Hub in Australia, the 15GW Oman project or the relatively meagre 4GW Helios project in Saudi Arabia and HNH in Chile have captured the headlines but there is one interesting point they all have in common. Each project’s estimated levelised cost of hydrogen works out […]

  • AI company studies distributed green hydrogen for fleet decarbonization

    August 4, 2021

    Artificial Intelligence company Empati has commissioned Black & Veatch to study the feasibility of using distributed production of green hydrogen to fuel vehicle fleets. The company says that hydrogen is a proven vehicle fuel and that green hydrogen offers fleet operators a route to achieving decarbonisation targets. The convention is for centralized hydrogen production, then […]

  • How the United States’ renewed leadership on climate is impacting energy sector priorities in the Caribbean

    August 4, 2021

    As regional leaders around the world convene to decide on climate investment commitments in advance of COP26, this webinar hosted by Deloitte and Rocky Mountain Institute will bring together key stakeholders to discuss how the U.S.’ renewed leadership on combatting climate change is impacting renewable energy sector priorities in the Caribbean. This event will bring together representatives […]

  • Ecopetrol Group presents its first stand-alone report following the task force on climate-related financial disclosures

    August 4, 2021

    Ecopetrol S.A. reported it has voluntarily adopted the recommendations issued by the Financial Stability Board’s Task Force on Climate-Related Financial Disclosures (TCFD) as part of its disclosure policies. In this regard, the company has published its first specialized report on the subject, for the year 2020, where the disclosures seek to reinforce its processes and […]

  • Dominica geothermal project to drill additional 2 wells

    August 4, 2021

    In a statement this week, Roosevelt Skerrit, Prime Minister of Dominica, provided an update on the geothermal power project on the Caribbean island state. The geothermal project in the Roseau Valley will see the drilling of two additional wells, with financial and technical support of the World Bank. The Dominica government concluded five procurements valued […]

  • IDB Invest, Neoen improve the stability and security of El Salvador’s power grid

    August 2, 2021

    IDB Invest, a member of the IDB Group, has granted two long-term loans to the Capella Solar and Providencia Solar projects operated by Neoen, one of the most dynamic renewable energy producers in the world. The resources will be used to finance two new energy storage batteries for the aforementioned projects and to refinance the […]

  • World Bank approves US$21.9 million to fund geothermal energy exploration in Saint Lucia

    July 31, 2021

    The World Bank Board of Executive Directors approved today US$21.9 million for the Renewable Energy Sector Development Project for Saint Lucia. This grant financing will help the Government of Saint Lucia assess the viability of its geothermal resources for power generation and strengthen the business environment for the private sector to pursue clean energy projects. […]

  • Deetken Impact sustainable energy’s investee – Solar Development Panama – secures US$4 million senior loan from Banistmo

    July 31, 2021

    Impact Asset Manager Deetken Impact Sustainable Energy (DISE), announces that its investee company, Solar Development Panama SA (SDP), has secured a US$4 million senior loan facility from Banistmo after finishing construction and beginning to supply energy through a long term private Power Purchase Agreement (PPA).  The securing of this loan aligns well with our Funds’ […]

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