Chile’s government promises to close all the coal-fired power plants in the region by 2025. They are also seeking additional low-cost policy options to decarbonize the power sectors. Source: Clean Energy News
Bosch North America announces it will invest US$1.3 billion into hydrogen technology by 2025 to adapt to the changing mobility landscape. Source: Forbes
Colombia’s Ministry of Mines and Energy announced new tax incentives for zero and low-emission hydrogen developers. The tax incentives include the deduction of up to 50% in the investment income tax for 15 years. Source: La Republica
At the Summit of the Americas, the US announced a new initiative – PACC 2030 – to address the climate crisis in the Caribbean. The new initiative will aid in the integration of climate adaptation and resilience and the development of clean energy programs, as well as strengthening energy security. Source: WhiteHouse.gov
The public-private partnership between the University of Panama and Greenwood Energy will bring a new utility-scale solar plant to Panama. The partnership comes with nearly US$30 million in academic and technical support distributed over two decades to support Panama’s renewable energy future. Source: Yahoo! Finance
A report commissioned by Montserrat’s Ministry of Communications, Works, Labour, and Energy (MCWLE) stated that for the island nation to meet its 2030 goal of 100% renewables, it would require funding beyond the current budget allocations. Source: MenaFM
Jamaica is pursuing its Vision 2030 development plan by working towards developing innovative investments to strengthen and accelerate the economy. They are looking for sustainable investment products and partnerships that will help drive positive change in Jamaica. Source: Business Wire
Bolivia’s ENDE seeks to identify partners to install the 21MW Warnes II wind farm and the 24-MW La Ventolera wind farm. Source: Renewables Now
SPIC Brasil will acquire a 70% stake in Canadian Solar’s 738 MW of solar projects in Brazil. Source: Mercom Capital