‘Significant potential’ in Latin America for pumped hydro energy storage
Pumped hydro energy storage (PHS) holds significant potential for Latin America and the Caribbean (LAC) due to the region’s vast hydroelectric infrastructure, according to a new IDB study.
United H2 Limited (UHL) has launched GreenH2 Global, a network of regional branches—GreenH2 LATAM, Africa, and Europe—to expand its clean energy venture-building model globally. The model has already generated over US$650 million in market capitalization and US$24 million in shareholder returns. Source: Fuel Cells Works
Chile’s development agency Corfo has introduced a new subsidy program to promote green hydrogen use and supply chain development in the industrial region of Biobío. The initiative will fund up to 60% of project costs, capped at US$5 million per project. Aimed at sectors like steel, petrochemicals, and refining, selected projects must be completed within […]
The UK government has pledged approximately US$21.5 million to support Jamaica’s Southern Plains Agricultural Development Project, which includes the new Parnassus Irrigation System and Agro-Park in Clarendon. Funded through the UK Caribbean Infrastructure Fund and implemented by the Caribbean Development Bank, the initiative aims to enhance irrigation, infrastructure, and climate resilience. Source: Loop News
