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 […]

State of Charge Report: Energy Storage in Latin America and the Caribbean

May 26, 2021

Energy storage is a class of technologies that is diverse, complex, and rapidly evolving. Policymakers in Latin America and the Caribbean (LAC) will need to acquire a strong grasp of the technical characteristics and benefits of these technologies, the services they can provide, and the most relevant regional and power market applications for each technology, […]

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 […]

Leclanché to provide advanced battery technology for Canadian Pacific’s hydrogen-powered locomotive project

May 25, 2021

Leclanche announced it will provide its proprietary battery technology to Canadian Pacific for its innovative Hydrogen Locomotive Program. The breakthrough project is an entry into the freight-rail market that includes more than 45,000 diesel locomotives in North America and G5 European countries.The CP hydrogen-powered locomotive pioneering project, first announced in December 2020, will retrofit a line-haul […]

Devastating natural disasters show the need for resilient, sustainable and inclusive infrastructure

May 21, 2021

The eruptions on St Vincent are only the latest example of the damage such events can inflict on infrastructure that is not built to be resilient. Infrastructure is key to climate mitigation and adaptation efforts across the world. For states like St Vincent, as the La Soufrière eruptions have shown, infrastructure will define the battle […]

Puma Energy launches solar energy program in Puerto Rico

May 21, 2021

Puma Energy confirmed plans to install solar power at up to 200 of its retail stations in Puerto Rico, announced the company in a press conference. The goal is to reduce its carbon footprint through the installation of a clean energy source. To calculate the amount of carbon footprint the company will use a new […]

BMR Energy starts construction of Costa Rica solar facility

May 21, 2021

BMR Energy, a developer, owner, and operator of clean energy projects in the Caribbean and Latin America, announced today it has started construction on its newest solar photovoltaic project, the Valle Escondido solar facility located in the municipality of Bagaces, province of Guanacaste, Costa Rica. The Virgin Group company will own and operate the long-planned […]

Dedicated hydrogen fuel cell electric vehicle control unit market to witness notable growth by 2027

May 19, 2021

With the introduction of new technologies regularly, market players are constantly taking efforts and striving hard to integrate the latest technology to survive in the competitive market. Such a professional and comprehensive Dedicated Hydrogen Fuel Cell Electric Vehicle Control Unit Market report also captures the effect of such advancements on the future advancement of the […]

Hydrogen steel competitive by 2050: McKinsey

May 19, 2021

It could take until 2050 for hydrogen-based steel production, carbon capture and storage (CCS) and carbon capture usage (CCU) to be competitive options for steelmakers, according to consultancy McKinsey. Source