Market News - Page 179 of 342 - New Energy Events

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
Brazilian-British PPA partnership hints that more deals could follow
August 20, 2020
Brazilian renewables developer Casa dos Ventos and British mining giant Anglo American recently signed an innovative electric power purchase agreement (PPA). This deal is unique because it is based on a long-term, free-market PPA. The allocation of risks and rewards was customized to fit into the specific needs of the parties. Source
Mexico’s renewables future uncertain
August 20, 2020
Investor interest in Mexico’s emerging renewables market was at an all-time high in December 2018 after the three clean energy auctions were hailed a success. Now, expectations have hit rock-bottom, the market is in tatters — and the coronavirus pandemic is making things worse. As the government continues to divert its focus from achieving environmental […]
Europe’s big oil companies are diversifying and going cleaner
August 20, 2020
Under pressure from governments and investors alike to address climate change concerns, Europe’s oil companies are accelerating their production of cleaner energy including electricity, hydrogen, and natural gas, which will have an impact in other markets. Source
Decarbonisation brings job opportunities to LAC
August 20, 2020
The transition to a net-zero emission economy could lead to 15 million more jobs in Latin America and the Caribbean by 2030, helping to restart sustainable economic recovery after the COVID-19 pandemic, according to a new report by the IDB and the International Labour Organization. Report and more information here.
Jamaica anticipates 500 MW energy tender early 2021
August 7, 2020
Starting early 2021, Jamaica plans to develop over 500 megawatts of new generation. “It is envisioned that competition will bring the price of electricity down, while bringing the best technologies into the energy sector,” said Minister of Science, Energy & Technology Fayval Williams in a webinar discussion on ‘Renewable Energy Infrastructure Investment Opportunities’ on Thursday. […]
CDB program to train and certify solar PV workforce in the Caribbean
August 7, 2020
Current and potential solar photovoltaics (PV) practitioners in the Eastern Caribbean are currently benefiting from a training and international certification programme, aimed at persons who are currently working or are interested in the industry but lack internationally recognised certification. Approximately 150 women and men will be trained in the installation of PV systems as part […]
Chile’s Cerro Pabellon geothermal plant expansion will start operations 2021
August 7, 2020
The Cerro Pabellon geothermal power plant has currently a power generation capacity of 48 MW with an expansion in development since 2019. The Cerro Pabellón III project plans to install 33 MW in additional capacity (28 MW net). The company reports that the environmental permit has already been issued, all required turbines are already on […]