By: Republic Bank As efforts to mitigate and adapt to climate change gather momentum across the globe, so too does the need for nations to do more. This has become more apparent in light of the tremendous shortfall in reducing greenhouse gas emissions, and achieving the 1.5 degree Celsius goal agreed upon in the 2015 […]
The Ministry of Mines and Energy of the Republic of Colombia and the European Investment Bank signed a declaration of intent to promote the energy transition in Colombia, giving priority to green hydrogen development. Source: EIB
On.Energy is working to deploy 39 MWh of battery energy storage systems at airports across Latin America to help improve grid reliability. Source: Energy.Storage.News
At COP27, The World Bank announced the creation of the Hydrogen for Development Partnership, a new global initiative to help boost deployment of low-carbon hydrogen in developing countries. Source: World Bank
Mexico announced at COP27 that they intend to deploy more than 30 GW of additional wind, solar, geothermal, and hydroelectricity capacity by 2030. Source: Renewables Now
MPC Energy Solutions recently opened two solar farms in El Salvador with a combined capacity of 21.07 MWp. Source: Renewables Now
The World Bank is currently working to help Saint Lucia undertake geothermal exploration drilling activities to confirm the extent and quality of the resource. Source: World Bank
CEPM, a division of InterEnergy is working to secure a green loan from Bank of America and a multilateral lender for renewable projects in the Dominican Republic. Source: Latin Finance
Genneia, the Argentinian power generation company is seeking to raise up to US$80 million through the sale of green bonds in the local market. Source: Latin Finance