Resilience - New Energy Events

IDB Invest, Neoen improve the stability and security of El Salvador’s power grid
August 2, 2021
IDB Invest, a member of the IDB Group, has granted two long-term loans to the Capella Solar and Providencia Solar projects operated by Neoen, one of the most dynamic renewable energy producers in the world. The resources will be used to finance two new energy storage batteries for the aforementioned projects and to refinance the […]
Deetken Impact sustainable energy’s investee – Solar Development Panama – secures US$4 million senior loan from Banistmo
July 31, 2021
Impact Asset Manager Deetken Impact Sustainable Energy (DISE), announces that its investee company, Solar Development Panama SA (SDP), has secured a US$4 million senior loan facility from Banistmo after finishing construction and beginning to supply energy through a long term private Power Purchase Agreement (PPA). The securing of this loan aligns well with our Funds’ […]
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 […]
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
How Covid has changed the Caribbean renewable energy business, and how the renewable energy business can help the economic recovery of the Caribbean
June 9, 2021
By: Bruce Levy, President & CEO, BMR Energy The short term economic impact of the Covid-19 pandemic on the Caribbean has been devastating. Affecting governments, businesses and individuals alike, unemployment was – and still is – rife and the recovery will be long and slow. A year ago many of us felt that the impact […]
Energy transition discussions evolve in Central America and the Caribbean around hydrogen
May 25, 2021
Representatives from the LAC region gathered in California to discuss the challenges surrounding energy evolution, such as the need for battery storage and the hype for hydrogen from gas or renewables. Salvador Handal, executive secretary of the state-owned but autonomous National Energy Commission of El Salvador reiterated there’s a growing role for hydrogen across the region saying […]
Leaders Summit showcases clean energy commitments to tackle climate crisis
May 5, 2021
Following the United States return to the Paris Climate Agreement, the Leaders Summit on Climate reconvened 17 members are responsible for approximately 80% of global emissions and global GDP. The US presented its goal of reducing emissions by 50-52% by 2030 compared to 2005 levels, which is also reflected in the nationally determined contribution the […]
Private roundtable on US-Mexico energy cooperation
April 26, 2021
US-Mexico energy trade and cross-border investments are vital elements of the oil and gas and power industries in both countries, a reality recognized and protected by the US-Mexico-Canada Agreement. The meeting sought to explore strategies for the new US administration to productively engage with the Mexican government to bolster the North American energy industry, heighten […]
UNEP and European Commission tackle climate change in LAC region
April 13, 2021
The European Commission’s Directorate-General for International Partnerships and the UN Environment Programme (UNEP) today announced common priorities for environmental cooperation in Latin America and the Caribbean (LAC) for the next five years, aimed at tackling the triple planetary crises of climate change, biodiversity loss, and pollution in the context of the region’s COVID-19 pandemic recovery. […]