Market News - Page 169 of 355 - New Energy Events

Electric mobility advances in Latin America and the Caribbean in the context of the pandemic – new UNEP report
July 30, 2021
The changes in the use of transport as a result of the COVID-19 pandemic and the national recovery plans are an opportunity for the governments and companies of Latin America and the Caribbean to accelerate the transition towards electric mobility, according to a United Nations Environment Program (UNEP) report released today. Source
U.S. Ambassador hails U.S.-Antiguan partnership on new power plant project
July 30, 2021
The United States Ambassador to Antigua and Barbuda and the Eastern Caribbean, Linda Taglialatela hailed the collaboration of American company Eagle LNG and Antiguan companies Antigua Power Company (APC) and the Antigua Public Utilities Authority (APUA) in what will be the island’s first power plant integrating natural gas infrastructure and power generation. Source
NG Energy International: Fueling Colombia’s clean energy transition
July 30, 2021
Natural gas has become an essential source of power generation, particularly on the Caribbean coast. In an IHS Markit report released in March 2021, it revealed that the Andean countries (Colombia, Ecuador, Peru and Venezuela) would see an increase in gas demand from 54 million cubic meters per day in 2020 to 177 million cubic […]
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 […]