Market News - Page 179 of 355 - New Energy Events

Barbados RF bank completes BBD$14M green energy bond
March 30, 2021
Barbados-based RF Merchant Bank & Trust Limited (RF) announced that it has completed a fund raise of BBD$14M in Green Energy bonds for Williams Renewable Energy Limited — a wholly owned subsidiary of Williams Caribbean Capital, an entity focused on alternative energy. Source
Algae cleared from Caribbean beaches can power hotels
March 29, 2021
Y.A. Maof, an Israeli company that works on environmental and waste disposal projects. After a trip in the Dominican Republic, the company found combining the algae found on the beach with organic waste in a biogas facility could enable energy generation. A pilot has been set up to evaluate the impact. Source
The critical need for smart software with energy storage
March 29, 2021
In an interview, Andrew Tang, Vice President of Energy Storage and Optimisation at Wärtsilä Energy, discusses how technology is being used around the world and the Caribbean, and the importance of software for the uptake of energy storage. Source
First geothermal power plant inaugurated in Colombia
March 29, 2021
Parex Resources Inc., an international oil and gas exploration and development company with headquarters in Calgary, Canada has reached a milestone for the company and Colombia. Source
Geothermal energy can help Chile decarbonize
March 24, 2021
Chile seeks to capitalize on the potential of geothermal energy, which could generate 3,800MW and accelerate the decarbonization of its energy matrix. Source
Solar-led renewable energy system could free up 10% of Antigua and Barbuda’s GDP
March 24, 2021
A mix of solar and wind power can help Antigua and Barbuda to an almost-90% renewable energy system, and green hydrogen could then show the path to hitting the national ambition of 100% green power by 2030, and net zero by 2050. Source
MPC Caribbean Clean Energy assessing impact on tariff reduction at its Costa Rican associated company, Tila Wind
March 24, 2021
Jamaica and Trinidad cross listed company MPC Caribbean Clean Energy Limited is now assessing the commercial impact of the Costa Rican light and power company reducing the tariff on energy produced by its associated renewable energy company in that country, Tila Wind Corporatión S A, which trades under the name Tilawind. Source
Enegix Energy to build $5.4 billion green hydrogen facility in Brazil
March 24, 2021
Enegix Energy announces the world’s largest green hydrogen plant to be built in Ceará, Brazil, after signing MoU with the state government. Base One facility will produce more than 600 million kg of green hydrogen annually from 3.4GW of baseload renewable energy. Source
Can we revitalize Caribbean economies through investment in infrastructure?

From our Editorial Team
March 17, 2021
The arrival of COVID-19 on Caribbean shores threatened to unleash a double-digit recession in a region dependent on air, sea and land transport to connect and grow its economies. After all, the travel and tourism sector contributed nearly US$59 billion to the Caribbean’s gross domestic product in 2019. Over the course of a recent discussion […]