Panama Leads in the Hydrogen Energy Transition in Central America

January 19, 2022

Panama leads in the hydrogen energy transition in Central America as it shifts toward becoming a hub for green hydrogen production and distribution. The Secretary of Energy in Panama recently released a Green Hydrogen Roadmap positioning Panama as a key player in the future of the hydrogen market. Source: Energia Estrategica (In Spanish)

BNP Paribas SA Estimates USD 880 billion in Green Bond Sales Worldwide

January 19, 2022

Latin America is estimated to be the world’s largest developing issuer of new ESG debt. BNP Paribas SA, one of the largest underwriters of ESG (Environmental, Social and Governance)-linked bonds, projects USD 880 billion in green bond sales worldwide, including USD 265 billion from emerging markets in 2022. Around 40% of all Latin American bond […]

Chile Predicts H2 Magallanes Facility will Produce 888,000 Tons of Green Hydrogen Per Year

January 19, 2022

After Chinese oil and gas company Sinopec announced the development of a massive green hydrogen facility that will produce about 20,000 tons of green hydrogen per year, Chile announced a larger green hydrogen project, H2 Magallanes. Chile predicts the project will produce around 888,000 tons per year. Source: Hydrogen Fuel News

STOA Invests in Phase II of Wind Farm Expansion in the Dominican Republic

January 17, 2022

Grupo Energético 23 and STOA S.A. (STOA) partner on a deal for STOA to invest in the expansion of the Poseidón Energía Renovable, S.A. 100MW Los Guzmancito wind farm project in the Dominican Republic. The first phase, commissioned in 2019, consisted of 16 Vestas turbines. The new investment by STOA includes a USD 128 million […]

BVIEC Evaluates 19 Applications for Paraquita Bay Microgrid Project

January 17, 2022

The British Virgin Islands Electricity Corporation (BVIEC) received 19 applications from companies looking to pre-qualify for the proposal to develop a microgrid in Paraquita Bay. Submissions qualify the companies for consideration by the BVIEC to bid on future engineering, procurement, and construction services. The project will be funded with a USD 600 thousand grant provided […]

CEGA Uses FIC-R Award to Develop Low-Temperature Geothermal Energy Project

January 17, 2022

After being awarded the Innovation Fund for Regional Competitiveness (FIC-R), The Center of Excellence in Geothermal Energy of the Andes (CEGA) plans to expand its implementation of projects for the use of low-temperature geothermal energy. One of the projects they’re developing will use shallow geothermal energy and operate at one of the lowest costs in […]

CORFO Provides USD 10 Million to ENGIE SA for the Development of the First Green Ammonia Production Plant in Chile

January 17, 2022

CORFO has chosen six of the twelve proposals presented in their first call for applications to develop green hydrogen production plants in Chile. The projects will receive total development contributions of US$50 million. The proposals include the development of the first green ammonia production plant in Chile.   Source: International Mining

Chilean and Mexican Ministries of Finance Confirm for ESG Markets LatAm

January 17, 2022

The Deputy Finance Minister of Mexico, Gabriel Yorio González, and the Director of Chile’s Public Debt Office, Patricio Sepúlveda Carmona, have confirmed their participation in the Latin American ESG Market Summit. Both countries have a strong footprint in the market. Mexico launched the world’s first sovereign SDG bond in 2020 and, in the wake of […]

CARICOM Commissions a 400 KW Solar PV and Storage System in Guyana

January 14, 2022

CARICOM will produce solar-generated electricity soon after commissioning a 400-kilowatt solar photovoltaic power generation plant and battery power conditioning system on their compound in Liliendaal, Greater Georgetown. The Japanese government funded the USD 7 million project consisting of 1,500 solar panels, servers, batteries, a carport, and space for educational/recreational activities. In the future, CARICOM expects […]