Market News - Page 175 of 339 - New Energy Events

The Bahamas gets a boost for Blue Economy
September 10, 2020
The IDB approved a US$200 million loan to promote the blue economy in The Bahamas. The program scope looks to supporting the Micro, Small and Medium Enterprises (MSMEs) continuity, modernizing the institutional and legal framework to protect the natural resources, and economic diversification. Source
Latin America shows supply chain resilience in a time of disruption
September 10, 2020
The most important factor that has helped companies in this region survive the coronavirus pandemic so far has been supply chain resiliency writes Ian Cartier, Vice President & Head of Digital Supply Chain and Manufacturing Solutions at SAP Latin America & the Caribbean for Forbes. Source
In blow to natural gas, Puerto Rico regulators affirm solar-centric grid overhaul
September 2, 2020
The Puerto Rico Electric Power Authority will be required to acquire thousands of megawatts of renewables and storage in the coming years, according to an order from the island’s energy regulators. Source
Prime Minister Mia Mottley to chair joint World Bank, IMF committee
August 20, 2020
Mia Amor Mottley, Prime Minister, Minister of Finance, Economic Affairs and Investment of Barbados has been nominated to serve as Development Committee Chair, in a joint appointment with Mesdames Azucena Arbeleche, Minister of Economy and Finance of Uruguay. In line with the nomination by the Chairs of the Latin American and the Caribbean Region, the […]
Jamaica’s big electricity users one step closer to wheeling, OUR to determine rates
August 20, 2020
Jamaica’s largest consumers of electricity are a step closer to being allowed to supply their satellite operations with energy from their own power stations – a process called wheeling – now that the Office of Utilities Regulation, OUR, has made a determination on the methodology it will use to set the rates the organisations will […]
“Underwater Space Station” to be built in Curacao
August 20, 2020
The “underwater version” of the International Space Station is coming to the Caribbean island of Curaçao. Renowned ocean explorer Fabien Cousteau has announced his plans for PROTEUS, a project that’s being billed as the “world’s most advanced scientific research station and habitat.” “We are delighted to be home to PROTEUS,” said Dr Steven Martina, Curaçao’s […]
Colombia court order raises red flags for US$1.5bn renewables pipeline
August 20, 2020
Developer Elecnorte was ordered to halt work on two 110kV power lines in Medillin after a judge ruled that 15 indigenous communities were excluded from an obligatory prior consultation process. Source
In controversial fight for top bank job, Trump nominee lays out his Caribbean commitment
August 20, 2020
Mauricio Claver-Carone, U.S. President Donald Trump’s candidate to take over the helm of the IDB vowed to elevate the attention given to the Caribbean. In an interview with The Miami Herald, Claver-Carone said ensuring someone from the Caribbean becomes vice president and helping middle- and higher-income Caribbean countries find more favorable financing are among his […]
Latin American development banks sharpen their sustainability focus
August 20, 2020
Various development banks in Latin America are increasing their focus on financing linked to an environmental-friendly approach. Among the most exciting is Minas Gerais’ BDMG which will soon become Brazil’s first state-run bank to issue sustainability bonds in line with the UN’s Sustainable Development Goals with support from the IDB. Source