Tag: Caribbean

Alejandro Uriarte

Puerto Rico Climbs the Rocky Road toward Resilience

Since Hurricane Maria, Puerto Rico has been a productive location for entrepreneurs who are eager to get involved in installing solar power and energy storage. One of them is Alejandro Uriarte, CEO of New Energy Consultants & Contractors. In this interview, he describes the rocky road that the island territory has encountered as it seeks to build out clean energy.

Can Results-Based Climate Finance Prevent Adversity?

It’s urgent to fund climate solutions in developing nations. The risk of climate-related adversities particularly affects the poor, who already suffer disproportionately from these impacts. Direct government funding is scarce in the least-developed countries. Hence, climate change investment needs are significant. One way to address this gap and also reduce investment risks is to use results-based climate finance.
Hurricane Maria in Puerto Rico

How Can Puerto Rico Keep Its Lights on?

“Puerto Rico is suffering,” said José H. Román, interim president of the Puerto Rico Energy Commission, to a crowded room of attendees at the Future of Energy Global Summit in New York City on April 9. The summit explored how the global renewable energy market is changing even as it faces policy headwinds in North America. For Puerto Rico, a United States territory, hope for the future seems distant given its currently harsh economy and inadequate infrastructure.