IDB - Page 5 of 8 - New Energy Events

IDB launches Blue Tech Challenge with up to US$2M in funding for Blue Economy proposals
October 1, 2018
The IDB through its Multilateral Investment Fund (MIF), Natural Capital Lab, Sustainable Islands Platform, and in alliance with the Compete Caribbean Partnership Facility , which is also supported by DFID, CDB and the Government of Canada, will identify firms and organizations looking to pilot and scale up business models that use cutting edge technologies to […]
IDB $20m credit line for El Salvador will ease financing for sustainable energy
August 7, 2018
The Inter-American Development Bank (IDB) is set to loan US$ 20m to El Salvador to enable investment in renewables and energy efficiency for small and medium enterprises (SMEs). The loan program will be complemented by a non-reimbursable technical cooperation of US $ 1.7 million aimed at developing energy savings measurements and financial risk transfer instruments […]
IDB to invest US$ 20m for renewables projects in Nicaragua
August 1, 2018
A fund of US$20m will be given to Nicaragua from the Banpro Group Promerica and IDB Invest, the private institute of the Inter-American Bank, in the next five years. This investment has the objective to expand the finance of Green Projects from Banpro, by financing projects that promote energy efficiency, renewables, and climate smart-agriculture initiatives. […]
Barbados launches energy modernization programme
February 20, 2018
Barbados has officially launched its energy programme to drive investment towards renewable energy and modern natural gas infrastructure. The project is being funded through a US$34 million loan from the Inter-American Development Bank (IDB). Senator Darcy Boyce, Minister of Energy for Barbados, said the programme formed part of the island’s thrust towards becoming one of the […]
Ecuador to improve electricity sector with $220m funding from IDB and JICA
November 2, 2017
Funding totalling $220 million will support Ecuador’s expansion and strengthening of electricity infrastructure and reducing fossil fuels. The Inter-American Development Bank (IDB) has approved a $150m loan for Ecuador to help the country expand, strengthen and improve the operational efficiency of its power sector. The 25-year loan includes a 7.5-year grace period, LIBOR-based interest rate, […]
Nassau’s Arawak Port receives $3m from IDB to install solar PV and efficiency upgrades
June 30, 2017
The Arawak Port in Nassau, Bahamas is set to have solar PV, LED lights, and other energy efficiency activities after signing a $3m loan from the Inter-American Investment Corporation (IIC), the private sector arm of the Inter-American Development Bank (IDB). The power generated from the solar PV system could exceed the power required for the […]
Barbados government launches $24.6m Smart Energy program
June 27, 2017
On Friday, June 23, the Ministry of Energy and the Barbados Light & Power launched the US$24.6 million Public Sector Smart Energy Programme, which – among many aims designed to reduce electricity consumption and GHGs – will include the changing out of close to 30,000 street lights across the country. The project, funded by the […]
Barbados launches $34m IDB-funded program for natural gas and renewable energy
June 27, 2017
The Barbados government and the Inter-American Development Bank (IDB) have signed a US$34 million loan agreement to finance a project to use cleaner fuels and renewable energy in Barbados. Specifically, the program will upgrade natural gas infrastructure and integrate smart energy solutions and renewable energy into the Barbados energy matrix. The Minister of Finance and […]
CDB and IDB strengthen partnership
February 23, 2017
The Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) have signed a memorandum of understanding (MOU) to strengthen their ongoing partnership in addressing the Caribbean’s development priorities. Through the MOU, signed at the IDB’s headquarters in Washington, D.C. on February 21, 2017, both institutions have renewed their commitment to collaborating on programmes and […]