Industry Analysis

Latin American policymakers commit to hydrogen at inaugural H2LAC

From our Editorial Team

Hydrogen has the potential to change the face of Latin America and the Caribbean for generations to come, transforming its economies and decarbonizing its industries. As we kicked off the first annual Hydrogen Congress for Latin America and the Caribbean (H2LAC), we convened a panel of policymakers to gauge their vision and understand their approach. […]

UNEP and European Commission tackle climate change in LAC region

The European Commission’s Directorate-General for International Partnerships and the UN Environment Programme (UNEP) today announced common priorities for environmental cooperation in Latin America and the Caribbean (LAC) for the next five years, aimed at tackling the triple planetary crises of climate change, biodiversity loss, and pollution in the context of the region’s COVID-19 pandemic recovery. […]

Eletrobras signs green H2 deal with Siemens

Brazil’s state-controlled utility Eletrobras signed a preliminary agreement with Germany’s Siemens Energy to develop a green hydrogen pilot plant, adding to regional momentum surrounding the emerging resource. Source

Mexico seeking to join Latin American peers in hydrogen push

As numerous Latin American nations announce hydrogen projects with an eye toward the global market, Mexico is looking to join the race. Hydrogen was singled out for the first time in Mexican Energy Ministry Sener’s Proseden national development plan earlier this year as a potential future replacement for fossil fuels in power plants operated by Comisión Federal […]

Cox Energy America to buy 40% in Spanish PV firm Ibox Energy

Mexico City-based Cox Energy America SAB de CV on Wednesday announced its arrival in Europe via an agreement to acquire a 40% in Spanish solar PV specialist Ibox Energy for an estimated $95 million euros. The aspiring buyer is the Mexico-listed subsidiary of Spanish renewables firm Cox Energy Solar SA and invests in projects in […]

Study of Caribbean energy consumption underway

A new study by the Inter-American Development Bank (IDB) provides an analysis of the evolution of energy consumption and expenditures in Latin America and the Caribbean (LAC), composition by energy source. The study by the Washington-based financial institution says that energy services represent the second most important expense in household budgets in LAC, surpassed only […]

BMR Energy rebuilds hurricane-damaged St. Thomas solar farm

BMR Energy, a Virgin Group company and developer, owner, and operator of clean energy projects in the Caribbean and Latin America, announced today that it is starting construction of the 6.4-megawatt (MWp) Donoe Solar farm in St. Thomas. The facility is expected to be completed and enter service in the fourth quarter of this year […]

3 Takeaways from the 5th Caribbean Infrastructure Forum

From our Editorial Team

Against the backdrop of a post-pandemic recovery, Caribbean stakeholders convened on March 24-25 at the 5th Caribbean Infrastructure Forum (CARIF) around the need – and the opportunity – to finance and build the next generation of economy-boosting, resilient infrastructure. Here’s our three main takeaways. 1. Focus less on bricks & mortar, more on bits & […]

Barbados RF bank completes BBD$14M green energy bond

Barbados-based RF Merchant Bank & Trust Limited (RF) announced that it has completed a fund raise of BBD$14M in Green Energy bonds for Williams Renewable Energy Limited  — a wholly owned subsidiary of Williams Caribbean Capital, an entity focused on alternative energy.   Source