Market News - Page 172 of 355 - New Energy Events

Cryptocurrencies, central banks, and the Caribbean
June 22, 2021
In less than three months’ time, El Salvador intends becoming the first country in the world to make Bitcoin its official currency alongside the US Dollar. The country’s President, Nayib Bukele, a populist and media savvy disruptor, says that his decision will generate employment, enable the financial inclusion of tens of thousands of the country’s […]
USAID AND CARICOM Development Fund sign an MOU to strengthen cooperation
June 22, 2021
The United States Agency for International Development/Eastern and Southern Caribbean Mission (USAID/ESC) and the CARICOM Development Fund (CDF) signed a Memorandum of Understanding (MOU) on Monday, June 21. The signing of the MOU occurred at the offices of the CDF in Barbados. The MOU provides a broad framework for cooperation between the two organizations and […]
Three geothermal power pilot projects developed in Colombia
June 22, 2021
In the departments of Casanare and Meta in Colombia, there are three pilot projects being developed for geothermal power generation. Developed by the companies Parex Resources and Ecopetrol, they are utilizing hot water derived from oil drilling to produce geothermal power. Source
Kenesjay Green announces the establishment of Trinidad and Tobago’s hydrogen research collaborative (H2RC)
June 21, 2021
Philip Julien, Chairman of Kenesjay Green and Managing Director of NewGen Energy, today shared in his company’s vision for greener energy supply and the rapidly growing global demand for New Carbon-free Green Hydrogen. He also gave insights into the opportunity for T&T to establish itself as a first-mover hydrogen differentiator and to build on the […]
Trammo, AustriaEnergy and Oekowind Sign Memorandum of Understanding for Exclusive Green Ammonia & Green Hydrogen Offtake in Chile
June 18, 2021
Trammo DMCC, a subsidiary of Trammo, Inc., a leading global commodities merchandising and trading company, and ASOE Chile Diez SpA, a company owned by AustriaEnergy Group which manages renewable projects from development through construction and operation, signed a Memorandum of Understanding for an exclusive green ammonia offtake of the entire output of a green hydrogen/green […]
Puerto Rico Energy Bureau OKs $1.2B in electrical infrastructure projects
June 18, 2021
The Puerto Rico Energy Bureau has approved $1.2 billion to be used for all electrical infrastructure projects included in the Puerto Rico Electric Power Authority’s (PREPA) 10-year infrastructure plan. Source
Dominican Republic inaugurates 120 megawatt solar energy park
June 17, 2021
President Luis Abinader inaugurated the largest renewable energy park in the Antilles and another act, the Duarte highway kilometer 58, both works in the province of San Cristóbal. The president’s plan began in Yaguate with the inauguration of the Girasol Solar Park of the electric generation company EGE Haina, built for 100 million US dollars. […]
Hard-hit by COVID-19, Latin America seen skimping on climate cash
June 15, 2021
Latin America is investing too little in a green economic recovery from COVID-19, with only 2% of the region’s stimulus funds being spent on projects that help fight climate change, new data from Oxford University showed. Last year, 33 Latin American and Caribbean nations allocated $318 billion to fiscal and stimulus measures, but the tiny […]
Threatened Caribbean coral reefs get a new ally: the insurance industry
June 15, 2021
As climate change threatens coral reefs around the world, conservation experts in Latin America have enlisted an unlikely ally to try to preserve them: the insurance industry. Source