Market News - Page 170 of 342 - New Energy Events

Abu Dhabi Fund to start 2021 with project allocations worth $169 million, earmarks $50 million for Caribbean
January 25, 2021
Abu Dhabi Fund for Development, one of the UAE’s leading financial entities, continued to advance its sustainable development agenda within the country and abroad through clean-energy initiatives. In 2021, approximately $50 million is earmarked with an aim to deliver renewable energy projects across 16 Caribbean Island nations. Source
Could green hydrogen broker a detente between renewable energy and Mexican oil sectors?

From our Editorial Team
January 20, 2021
Private companies and the Mexican government have been duking it out in public, the media and in court for the last two years over the future of the country’s energy sector, which was primed to usher in a new era after the 2013 market reform. Many investors, particularly in the renewable energy space, flocked to […]
2020 Island Resilience Action Challenge: Uniting to define resilience in the face of climate and health threats
January 20, 2021
By: Kimberly Lewis, Lead Fellow, Advanced Energy Group At the tail end of a notably unprecedented and challenging year, Advanced Energy Group (AEG) and New Energy Events (NEE) virtually hosted the Island Resilience Challenge (IRAC). IRAC is a one-of-a-kind annual workshop focused on identifying key barriers to grid resiliency in the Caribbean and determining actionable […]
Puerto Rico awaits first procurements to add 3.75 GW solar, 1.5 GW storage
January 20, 2021
The Puerto Rico Energy Bureau ordered the utility PREPA to issue six procurements in the next 30 months, totaling 3.75 GW of solar and 1.5 GW of four-hour storage, or their equivalents. Source
France’s island territories get solar-plus-storage at average price below €100/MWh in latest auction
January 14, 2021
The cost of solar energy paired with battery storage on France’s island territories has fallen yet again, as the European country awarded contracts to winning bidders in its latest tender process. Source
New Fortress Energy to acquire Hygo Energy Transition Ltd. and Golar LNG Partners LP in a $5 Billion transaction
January 13, 2021
New Fortress Energy announced that it has entered into definitive agreements to acquire Hygo Energy Transition Ltd. in Brazil for a combined $5 billion. NFE will become the leading gas-to-power company in Brazil, adding 2700MW of power generation operational or in development and robust customer pipeline in the South American country’s rapidly growing natural gas and […]
Grenergy to receive financing for 14 solar plants in Chile
January 13, 2021
Grenergy, the Spanish company producing energy from renewable sources and specialized in the development, construction and operation of photovoltaic and wind projects, has closed with Natixis on financing of 14 new solar plants in Chile for €70 million (around $85 million). Source
InterEnergy acquires 34-MW wind farm plus pipeline in Dominican Republic
January 12, 2021
Energy solutions provider InterEnergy Group announced the acquisition of the 34-MW Matafongo onshore wind farm plus an under-development project pipeline in the Dominican Republic. Source
Colombia and Chile join forces to lead the incorporation of hydrogen as a clean energy source in Latin America
January 7, 2021
The governments of Colombia and Chile have joined forces to help consolidate a competitive hydrogen export market to other continents, where the two countries position themselves as large-scale producers of this fuel as they continue leading the path toward the energy transition in Latin America. Source