A Greener Future Begins with a Shift to Coal Alternatives

As the world economy emerges from the COVID-19 crisis, the consumption of coal is expected to recover from its sharp decline during the pandemic. Demand for coal remains strong and helps to fuel economic development in emerging markets. Yet many countries, seeking a more sustainable future, have been taking steps to reduce their dependence on… Seguir leyendo A Greener Future Begins with a Shift to Coal Alternatives

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NextEra Energy announces redemption of outstanding Series I Junior Subordinated Debentures

JUNO BEACH, Fla., Sept. 24, 2020 /PRNewswire/ — NextEra Energy Capital Holdings, Inc., a subsidiary of NextEra Energy, Inc. (NYSE: NEE), today announced that it will redeem on Oct. 24, 2020, (“redemption date”) all of its outstanding (i) Series I Junior Subordinated Debentures due Nov. 15, 2072, that bear interest at 5.125% (NYSE: NEE.PRI) (CUSIP: 65339K803) (“Series… Seguir leyendo NextEra Energy announces redemption of outstanding Series I Junior Subordinated Debentures

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New Analysis Shows Gulf Coast States Among Hardest Hit By Proposal To Ban Federal Leasing And Offshore Development

WASHINGTON, September 9, 2020 – The Texas Oil and Gas Association (TXOGA), Louisiana Mid-Continent Oil and Gas Association (LMOGA) and the American Petroleum Institute (API) today released a new analysis warning of negative consequences from a proposed ban on federal leasing on natural gas and oil development on public lands and waters. The offshore Gulf of Mexico… Seguir leyendo New Analysis Shows Gulf Coast States Among Hardest Hit By Proposal To Ban Federal Leasing And Offshore Development

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Legislation Holding Utilities Accountable for Failed Response

Legislation Will Increase Current Legal Limits on Penalties and Create Streamlined Process for Revocation of a Utility’s Operating Certificate for Recurring Failures Requires Utilities to Clearly Communicate with Customers During Outages and Give Accurate Information Regarding Power Restoration Governor Andrew M. Cuomo today announced he will propose legislation to hold utilities accountable for failures to effectively… Seguir leyendo Legislation Holding Utilities Accountable for Failed Response

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JPMorgan Chase Expands Commitment to Low-Carbon Economy and Clean Energy

JPMorgan Chase made two sustainability commitments: facilitate $200 billion in clean financing by 2025 and source renewable energy for 100% of its global power needs by 2020. Both of these goals are expected to be reached by the end of 2020. Now, JPMorgan Chase is taking additional steps to address climate change and further promote… Seguir leyendo JPMorgan Chase Expands Commitment to Low-Carbon Economy and Clean Energy

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How do you face a pandemic without water or electricity?

“Can you imagine your home without  internet, a fan  or a refrigerator?” asks Pedro Torres, a power utility  worker in Rio de Janeiro, Brazil, in a televised message . “I have a seven-and-a-half-month pregnant wife. If you can, please stay home,” he adds before going down a manhole to check electrical equipment. Torres is an essential worker… Seguir leyendo How do you face a pandemic without water or electricity?

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Ecuador moves ahead in transformation of energy grid with IDB support

IDB LOAN IS ONE OF A SERIES SUPPORTING ENERGY SECTOR REFORM TO REDUCE USE OF FOSSIL FUELS The Inter-American Development Bank approved a $280 million loan to Ecuador to support transformation of its its enery grid, improvements in energy efficiency and promotion of access to electricity generated from renewable sources. The loan aims to support… Seguir leyendo Ecuador moves ahead in transformation of energy grid with IDB support

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EXIM Supports U.S. Exporter Bringing Renewable Energy to Senegal

WASHINGTON – The Board of Directors of the Export-Import Bank of the United States (EXIM) yesterday unanimously approved approximately $91.5 million in loan guarantee financing that supports U.S. exports of design engineering and construction services to the Republic of Senegal. The transaction will increase access to reliable electricity for rural communities throughout Senegal while supporting… Seguir leyendo EXIM Supports U.S. Exporter Bringing Renewable Energy to Senegal

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Colombia will promote the productivity of companies with IDB support

PROGRAM WILL CONTRIBUTE TO THE FINANCING OF INVESTMENTS OF SMALLER COMPANIES IN ENERGY EFFICIENCY PROJECTS AND IN THE CREATION OF A MARKET FOR THE ORANGE ECONOMY Colombia will contribute to the improvement of the productivity of smaller companies (EMT) through financing channeled by Bancoldex, with the support of a conditional credit line for investment projects… Seguir leyendo Colombia will promote the productivity of companies with IDB support

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IDB Invest finances the use of solar energy in the INHDELVA industrial park in Honduras

IDB Invest, a member of the Inter-American Development Bank (IDB) Group, provided a $5 million loan to Inmobiliaria Hondureña del Valle S.A (INHDELVA), a company belonging to the Kattan Group. The financing will be used for the installation a rooftop photovoltaic park of up to 6.4 MW that will help to sustainably meet part of… Seguir leyendo IDB Invest finances the use of solar energy in the INHDELVA industrial park in Honduras

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