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Zonamerica looks beyond Latin America for expansion opportunities

Uruguay-based Zonamerica has successfully expanded into Colombia and China, and is now looking to export its model to other parts of Asia and Africa.




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View from the Americas: the evolving political economy of FDI

We are currently in a state of heightened business and economic disruption and sociopolitical activism, which only looks set to intensify. 




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Jamaican tourism minister seeks to explode myths

Edmund Bartlett, Jamaica’s minister of tourism, talks about key investment opportunities and the need for better international reporting when natural disasters strike.




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The winners and losers of the USMCA

Early reports on the new trade agreement between the US, Mexico and Canada – known as the USMCA – suggest that the US is getting the better end of the deal. But what are the implications of the new rules of origin?




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Microsoft makes a crossborder connection in North America

While governments grow more protectionist over trade and physical borders, companies such as Microsoft are bridging the gap by funding international collaborative enterprises.




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View from the Americas: time for action on SDGs

Giant investment firm BlackRock throwing its weight behind sustainability issues is sending a signal to the corporate world to respond urgently to global calls for action, writes Gregg Wassmansdorf.




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How venture capital helps start-ups expand globally

Venture capital funding has reached record levels in recent years, enabling start-ups to expand across borders – but their ability to do this depends on their type of business, and where they are founded.




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Latin America embraces China's Belt and Road with enthusiasm

Up to 18 countries across Latin America have joined China’s new Belt and Road Initiative, hoping to boost their infrastructure development and investment.  




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Madeira vice-president eyes fiscal independence from Lisbon

Pedro Calado, vice-president of Madeira’s regional government, tells Sebastian Shehadi about the island's capacity for more upmarket tourism and its ongoing struggle to gain financial independence from Portugal. 




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Free economic zones showcase Belarus's skills and stability

Besides perks such as tax breaks, Belarus’s six free economic zones offer investors convenient logistics and, for companies from neighbouring Ukraine and Russia, a geopolitical safe place to do business. Wendy Atkins reports.




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Production and preservation the key on Canada's Atlantic coast

Canada's Atlantic Ocean-bordering provinces are making the most of their coastal resources, using decades of knowhow to balance economic growth with sustainability.




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China FDI into Europe: A cause for concern?

FDI project numbers from China into the EU are on a downward trend, but Europe is still a popular destination for Chinese investment.




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FDI into Canada reaches four-year high of $41.9bn

Canada has seen a four-year peak in FDI, with the technology, real estate and aerospace sectors enjoying substantial growth. Zara Fennell reports.




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Cairo standout African destination for foreign business services in 2018

The Egyptian capital Cairo led Africa in 2018, attracting 10 foreign business services investment projects, in its strongest performance since 2012. Joshua Crawford reports.




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In quest for bigger batteries, California mulls pumped hydro

As the sun sets on California’s solar farms, a backup energy source deep in the Sierra Nevada Mountains springs to life.




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FERC's data shows US renewable generating capacity has surpassed coal

According to an analysis by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), U.S. electrical generating capacity by renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) has now - for the first time - surpassed that of coal.




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Sweden's EV boom under threat as electricity demand outstrips capacity

Sweden’s ambitious plan to drastically cut emissions from transport by bringing millions of electric cars onto the road could be derailed by a lack of power capacity for new charging stations in major cities.




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California Energy Commission gives $3M grant to pair energy storage and fast EV charging

Natron Energy said that the California Energy Commission (CEC) awarded it a $3 million grant for “Advanced Energy Storage for Electric Vehicle Charging Support.” Natron will use the money to manufacture and install a high powered, long cycle life energy storage system at an EV Fast Charging station.




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Top 5 ways the UK government can support onshore wind and meet net-zero emissions by 2050

In early June, the UK enshrined into law a commitment to reach net zero carbon emissions by 2050, making Britain the first major economy to do so. Meeting this target will require substantial reliance on renewable energy from solar, tidal, hydro, and wind sources, both onshore and offshore.




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Solar industry, advocates hail New York passage of ambitious climate bill

New York’s Climate Leadership and Community Protection Act passed the Assembly early in the morning of June 20 and will now await the governor’s signature. Solar advocates praised the state legislature’s adoption of long anticipated legislation that will require at least 70 percent of electric generation come from renewable sources by 2030 and providing needed funding to low-income and environmental justice communities.




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Women are missing out on the clean energy job boom in America

While the industry is welcoming more women leaders, its rank-and-file workforce is still a lot like those at fossil-fuel companies: white and dominated by men. The lack of gender diversity is being driven by manufacturing jobs, and that means women are now missing out on the biggest jobs boom America has to offer.





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Global offshore wind installed capacity up 21 percent since 2013

This week the Global Wind Energy Council (GWEC) launched the first edition of its Global Offshore Wind Report, which provides a comprehensive analysis of the prospects for the global offshore wind market, including forecast data, market-level analysis and review of efforts to lower costs.




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Educating today’s utilities about tomorrow’s innovations

Last week in San Antonio, Texas, about 150 DISTRIBUTECH stakeholders convened to discuss industry trends, best practices for marketing and sales in the utility industry and set the educational agenda for the 2020 event.




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Clean Power Alliance signs PPA for 12-MW Isabella small hydro project in California

The Clean Power Alliance (CPA) has signed three long-term power purchase agreements, including two new solar projects and one existing small hydro project.

 




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FERC revises three-year forecast to reflect rapid growth of renewable energy

According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), within the past month, the agency has dramatically revised its three-year forecast for changes in the U.S. electrical generating capacity mix. Sharp declines are foreseen for fossil fuels and nuclear power while accompanied by even stronger growth in renewable energy (i.e., biomass, geothermal, hydropower, solar, wind) than earlier projected.




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Utility partners with climate experts on new carbon emission goals

Community stakeholders and climate experts from the University of Arizona are helping Tucson Electric Power to build an energy portfolio that supports reliable, affordable and increasingly sustainable service over the next 15 years.




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Wednesday webcast to reveal what's new about POWERGEN 2019 in NOLA

Clarion Energy’s Teresa Hansen, vice president of global content, for a webcast Wednesday  will be making some important announcements regarding this year’s event in New Orleans. Hansen also will offer key details on content, the exhibit floor and resources available to attendees.




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Long-term financing for solar is possible and critical for supporting continued industry growth

Installed solar capacity in the United States exceeded 10 GW for the third year in a row in 2018, and the pace of growth is expected to continue. The first quarter of 2019 was the strongest in the history of the U.S. solar market, according to a recent report from Solar Energy Industries Association (SEIA) and Wood Mackenzie Power & Renewables. Yet inefficient and costly project financing inhibits many solar developers from tapping into the market’s true potential.




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Ontario Power Generation announces plans to rebuild century-old Calabogie Generating Station

Plans are under way to rebuild one of Ontario Power Generation’s oldest hydroelectric generating stations, which was damaged by a tornado in 2018. Constructed in 1917, the 5-MW Calabogie Generating Station has produced renewable, low-cost electricity on the Madawaska River for decades.




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648 MW of wind power capacity to be purchased by AES Colombia

This week, DNV GL said that it acted as a technical advisor to the energy company AES Colombia during its planned purchase of the Jemeiwaa Kai portfolio of wind power projects. DNV GL carried out an independent analysis of the La Guajira wind farms wind and power generation regime.




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A modern Cinderella story: California’s record on wholesale distributed generation leaves much room for improvement

California, long a progressive leader on renewable energy and climate change mitigation, has neglected a key market segment for renewable energy: the “community-scale,” or “wholesale distributed generation” (DG), market. This market segment is defined as projects below 20 megawatts that connect to the distribution grid and export power to the grid for sale.




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The hydrocarbon era’s spectacular end

Dustin Yellin, a Brooklyn, N.Y.-based artist whose intricate 3D photomontages adorn the likes of New York’s Lincoln Center, wants to draw your gaze to climate change. Not in a subtle way, either. He plans to stand an oil supertanker on its end in the ground—a structure soaring 1,000 feet into the air.




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Forecast shows continued decline for coal

The US Energy Information Administration (EIA) has released its Short Term Energy Outlook for 2019 and we have summarized the key highlights for you below.




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100 MW of solar and 10 MW of battery storage coming to San José CCA in 2022

This week, San José’s Community Choice Aggregator (CCA) which is called San José Clean Energy (SJCE) and EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America LLC (EDPR NA), signed a 20-year power purchase agreement (PPA) for 100 MW of new solar energy capacity and 10 MW of battery storage at the Sonrisa Solar Park in Fresno County, California. The project is anticipated to be operational in 2022.




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U.S. wind energy prices are at historical lows, DOE report says

The national average price of wind power purchase agreements dropped to below 2 cents/kWh in 2018, according to the annual Wind Technologies Market Report released by the U.S. Department of Energy.




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On the brink of blackouts, Texas makes case for power plant boom

It may be time to start building power plants in Texas again.




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London finds no easy answers after once-in-a-decade blackout

When two U.K. power plants shut down almost simultaneously in London’s first major blackout for a decade, it triggered a storm of questions about how to avoid another failure.




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Net zero carbon emissions ‘impossible’ without hydrogen says UK energy alliance

The UK’s North West Hydrogen Alliance (NWHA) is calling for government investment in hydrogen projects to meet ambitious carbon reductions targets in Britain.




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New study shows benefits of local renewable energy marketplaces

The financial benefits of buying and selling locally produced energy from rooftop solar, wind turbines and batteries within communities have been revealed in a test case run by energy tech firm LO3 Energy.




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Can Italy strike twice?

Italy’s National Energy Strategy aims to increase wind and solar power’s share of gross final energy consumption by 2030. The country boasts a track record of meeting past renewables targets, but can it be successful once more? Stefania Belisario, associate director, Infrastructure, S&P Global Ratings, assesses the factors either driving or impeding progress.




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DOE: U.S. onshore wind projects achieving record capacity, employment

The U.S. land-based wind industry installed 7,588 MW of capacity last year, bringing the overall utility-scale total to more than 96 GW. 




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BNEF finds that hydrogen’s plunging price could boost its role in a carbon-free future

The cost of producing hydrogen gas with renewables is likely to plummet in the coming decades, making one of the most radical technologies for reducing greenhouse gases economical.




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California aims to fix low-income storage program and deliver new resilience incentives

California’s energy storage incentive program has been a great success, with more than 11,000 battery storage systems installed to-date. The problem is, it’s not reaching the state’s most vulnerable communities. A new proposal from the California Public Utilities Commission (CPUC) aims to fix some of the barriers preventing disadvantaged communities from participating in the program, and it allocates $100 million to a new program designed to offset the cost of battery storage systems for populations threatened by wildfires and related utility power shutoffs.




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Clean energy investment set to hit $2.6 trillion this decade

The global energy supply is turning greener.





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Direct Energy signs PPA for 75-MW solar array in California

California-based solar developer Sunpin Solar said that Direct Energy Business, a subsidiary of Centrica PLC, signed a power purchase agreement (PPA) for the full output of the recently completed 96.75-MW DC / 74.8-MW AC ColGreen North Shore Power Plant.




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Energy minister says South Africa will commit to more renewable power

South Africa plans to expand use of renewable power as the coal-dependent nation expects traditional, centralized generation plants to “disappear,” Energy Minister Jeff Radebe said.




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Onsite solar to power Cambodia cement factory

An onsite solar PV system in now operational at the most advanced cement factory in Cambodia.




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UK local authority to produce all electricity from solar

Two large-scale solar farms are set to make Warrington Borough Council the first local authority in the UK to produce all its own electricity from clean energy.