According to the Inter-American Development Bank Latin America and the Caribbean could add US$78 billion annually in additional exports of goods and services by using nearshoring. Source: Breaking Belize News
GEM Digital Limited, a digital asset firm based in the Bahamas invested US$110 million in EcoWatt (EWT), a token backed by renewable energy and reforestation projects. Source: Coin Telegraph
A new study conducted by Juniper Research found that the number of hydrogen vehicles globally will increase from 60,000 in 2022 to over one million by 2027. Source: Renewable Energy Magazine
Mirova recently acquired a renewable energy projects finance company, SunFunder, and plans to launch a US$500 million solar energy debt financing fund to target about 70 projects in Africa, Asia, and Latin America. Source: Real Assets
The new Colombian president, Gustavo Petro committed to not granting new licenses for hydrocarbon exploration, and halted all pilot fracking projects, and the development of offshore fossil fuels. Source: Climate Change News
CEGA’s feasibility study in Puyuhuapi, Chile, concludes that a geothermal cogeneration plant is achievable in the area from a social, economic, technical, and legal perspective. Source: Think Geo Energy
Leclanché, Solrid, and MPC Energy Solutions began construction on a solar-plus-storage project in St. Kitts and Nevis. The project involves pairing a 35.6 MW solar PV farm with 44.2 MWh of lithium-ion battery storage. The project will provide SKELEC with about a third of the island’s energy needs through a 20-year PPA. Source: Energy Storage […]
The Global Energy Alliance for People and Planet (GEAPP) and Renewable Energy for Latin America and Caribbean (RELAC) GEAPP team up to launch an initiative that supports RELAC’s goal of increasing renewable energy proportions in the Caribbean to 70% by 2030. Source: Renews Biz
The Argentine province Tierra del Fuego, the island nation located at the very tip of South America, is seeking US$6 billion in investments for wind farms and electrolyzers to begin hydrogen production and economic diversification. Source: Hydrogen Fuel News
