Xavier Gordon, a mechanical engineer, and Carey Escoffery, a finance professional, launched Jamaica’s first dedicated Electric Vehicle company, Flash Motors Company Ltd. The company will supply a full suite of EVs, EV service equipment, and charging network solutions across the Caribbean. Source: Cayman Loop News
Atome Energy has agreed to purchase a 1 MW electrolyzer unit from CPH2, the UK-based green hydrogen technology and manufacturing company. The electrolyzer will be deployed in Atome’s Paraguay mobility project. Source: Renews.Biz
The Eastern Caribbean Central Bank’s solar power canopy is the biggest solar-power generation system on St Kitts and Nevis. It is also the biggest solar-power system in the Eastern Caribbean operated by any entity other than a power company. Source: Central Banking
Jamaica received local and international proposals to implement a pumped hydroelectric storage project. Reportedly, the power generation could be up to 200MWh annually and could increase Jamaica’s proportion of renewable electricity generation to 50% from 13% today. Source: Energy Storage News
The IDB issued a request for expressions of interest to assist Barbados in structuring a competitive framework to secure a larger capacity of utility-scale renewable energy and/or storage. The winner will create a procurement process that will include pre-qualification requirements and documents, tender documents, and evaluation criteria. Source: BN Americas
The Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) launched two data enhancement tools designed to assist the region meet its energy targets. The first, the Caricom Energy Knowledge Hub (CEKH), is a data portal with renewable energy and energy efficiency applications. The second, the Caricom Energy Information System, will support government technical officers […]
The Republic of Chile issued the world’s first sovereign sustainability-linked bond, a US$2 billion 4.35% note due March 2042. The bond was listed on the London Stock Exchange’s International Securities Market and Sustainable Bond Market. Source: The London Stock Exchange
El Salvador will use LaGeo, the state-owned geothermal company, to issue bitcoin bonds. The plan foresees the bonds to go to the market between May and July. Source: Think Geo Energy
The Banco Popular Dominicano approved the issuance of a US$45 million green bond to finance new renewable energy, electro-mobility, and eco-efficiency projects. Source: Bloomberg Linea