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Market News

  • PM Keith Rowley to Caricom – Increase provision of clean, secure energy

    June 8, 2021

    Prime Minister Dr. Keith Rowley today said Caribbean Community (Caricom) countries have an opportunity to increase the penetration of natural gas within the Caribbean, which will aid in providing a clean, secure supply of energy to regional countries as they transition away from sources such as coal and heavy fuel oil. Rowley, who is also […]

  • First Energy Earthshot aims to slash the cost of clean hydrogen by 80% to $1 per kilogram in a decade

    June 8, 2021

    U.S. Secretary of Energy Jennifer M. Granholm today launched the U.S. Department of Energy’s (DOE) Energy Earthshots Initiative, to accelerate breakthroughs of more abundant, affordable, and reliable clean energy solutions within the decade. The first Energy Earthshot—Hydrogen Shot—seeks to reduce the cost of clean hydrogen by 80% to $1 per kilogram in one decade. Achieving […]

  • Women in Hydrogen: Ana Angel

    June 6, 2021

    As part of H2 View’s monthly Women in Hydrogen series, created in partnership with the Women in Green Hydrogen (WiGH) network, which profiles women in the hydrogen industry. This month’s interview is with Ana Angel, Manager at Hinicio.   Source

  • CAC, Tropical Battery form new energy venture

    June 6, 2021

    CAC 2000 and Tropical Battery have forged an energy partnership under a joint venture called ENRVATE Limited that will trade in energy-saving solutions in Jamaica and the Caribbean. The company, which was incorporated at the end of April and became operational on June 1, is being led by Steven Marston, who recently gave up his […]

  • MPC Caribbean Clean Energy buys 33.4MW solar park in Dominican Republic

    June 6, 2021

    The purchase, which was made on Tuesday, June 1, is expected to be completed by the third quarter of 2021. This is the second solar plant that MPC Caribbean Clean Energy has purchased since the start of the year. Earlier this year, the renewable energy company, which is cross-listed on the Jamaican and Trinidad and […]

  • Geothermal

    Geothermal energy still on the agenda in Grenada, Caribbean

    June 6, 2021

    In the context of the Caribbean, the news have centered around the French territory of Guadeloupe with currently the only geothermal plant in the region, Dominica, the island of Nevis, UK territory of Montserrat, and St. Vincent and the Grenadines. But there clearly has been a wider interest in the Caribbean. The Caribbean country of […]

  • Private company takes over Puerto Rico power utility service

    June 2, 2021

    Luma Energy, a private company, has taken over Puerto Rico’s power authority. The takeover under a 15-year contract coincided with the beginning of the Atlantic hurricane season, with many across Puerto Rico worried about the transition and whether the new company can handle a severe storm. The U.S. territory is still struggling to recover from […]

  • President Biden President’s DOE budget emphasizes investment in new technologies and hydrogen

    June 2, 2021

    The Biden-Harris Administration Department of Energy’s (DOE) Budget makes historic investments that will help lay the foundation to build a clean energy economy and ensure the U.S. reaches net-zero carbon emissions by 2050. As part of it, the administration earmarked funding for research that advances carbon-neutral fuels such as hydrogen, new grid modernization technologies, and […]

  • CIFI and Banverde close $57M credit for a rooftop solar facility in Mexico; increases capital raise to $76M

    May 26, 2021

    The investment round was led by Corporacion Financiera para el Financiamiento de Infraestructura (CIFI), with capital contributions from co-sponsors WRB Serra Partners and Banverde Activos, leading to a total deployment capacity of US$76 million in the next 3 years. As a result of the financing, Banverde estimates the installation of 80 MW in rooftop solar […]

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