Barbados adds 14 electric buses to their fleet

February 26, 2022

The Barbados Transport Board received 14 additional electric buses, bringing the total to 49. The new additions comprise part of the initial $42 million deployed to procure electric buses and build out associated infrastructure. Barbados has the largest fleet of electric buses in the Caribbean. Source: Nation News

Suriname cancels construction of hydrogen power plant by Hybrid Power System Group

February 26, 2022

The Suriname Government decided to cancel its agreement with Danish company Hybrid Power System Group (HPSG) to build a hydrogen power plant. The decision comes after reports of the company’s unfamiliarity with hydrogen production. Source: Trinidad Express

Kadelco to install USD 3.3 billion green hydrogen plant in Costa Rica

February 26, 2022

Australian conglomerate, Kadelco, will install a green hydrogen plant in Costa Rica, generating 50,000 tons of green hydrogen per year. The total investment for the project is $3.3 billion. Source: La Nacion (ES)

Guyana shifts towards a low carbon transportation infrastructure to reduce the demand for imported fossil fuels

February 26, 2022

Guyana shifts towards a low carbon transportation infrastructure to reduce the demand for imported fossil fuels and plans to install fast-charging stations for electric vehicles in three regions beginning in 2022. Source: Caribbean Loop News

5 MW geothermal pilot plant in Bolivia will be in operation by April

February 26, 2022

Sacyr and Ormat Technologies announced that the 5 MW geothermal pilot project for the 100 MW Laguna Colorada geothermal plant in Bolivia will be in operation by April. The plant is 4970 meters above sea level, the highest altitude of any geothermal plant. Source: Think Geo Energy

Polaris Infrastructure secures USD 110 million debt refinancing 

February 26, 2022

Polaris Infrastructure Inc. secured $110 million in a refinancing package which aligns with its newly extended PPA in Nicaragua to 2039. Source: Think Geo Energy

Dominica signs USD 12 million deal with Iceland Drilling Company for two new geothermal wells

February 26, 2022

Dominica signed a $12.5 million contract with the Iceland Drilling Company to drill two new geothermal wells in the country. The majority of funding comes from UK grants. Source: Think Geo Energy 

Atlas Renewable Energy secures USD 76 million loan to construct solar plant in Brazil

February 26, 2022

Global renewable energy generator, Atlas Renewable Energy, secured a $76 million loan to construct the Lar do Sol – Casablanca II solar plant in Minas Gerais. The funding came from Brazil’s Northeastern Bank’s Northeastern Constitutional Financing Fund. The plant will have an installed capacity of 239 MWp. Source: Energy Digital

Colombia signs MOU with Port of Rotterdam to supply hydrogen

February 26, 2022

Colombia signed a memorandum with the Port of Rotterdam to supply hydrogen. The Port of Rotterdam also formed green hydrogen agreements with Chile and Brazil, making Colombia the third point of supply. Source: Power Engineering International