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Industry Analysis

  • Three Norwegian companies start construction on 531 MW solar farm in Brazil

    July 27, 2022

    Norwegian companies, Scatec, Equinor, and Hydro Rein team up to construct the 531 MW Mendubim solar farm in Rio Grande de Norte. Source: Renews.Biz

  • German development bank KfW will lend Colombia around US$200 million to help with their clean energy transition

    July 27, 2022

    Colombia will receive around US$200 million in a loan from German state-owned development bank KfW to support the country’s renewable energy transition. Source: Renewables Now

  • IFC issues a US$115 million sustainability-linked loan to Neoenergia Coelba

    July 27, 2022

    Neoenergia Coelba received a US$115 million sustainability-linked loan from IFC to improve the reliability of power supply to help strengthen the resilience of Brazil’s energy sector. Source: Press Room.IFC

  • The Government of Bermuda issued an RFP for rooftop solar PV systems for government buildings

    July 27, 2022

    The Government of Bermuda issued a Request for Proposals for rooftop solar PV systems for approximately 30 government-owned buildings. Source: Bernews

  • RESEMBID awards Cayman US$1.2 million to improve energy efficiency in public buildings

    July 27, 2022

    RESEMBID awarded US$1.2 million to Cayman’s Ministry of Sustainability and Climate Resiliency to improve energy efficiency in public sector buildings and public housing. Source: Gov.ky

  • Guadalajara aims for the largest green hydrogen production plant in the world

    July 27, 2022

    Guadalajara has set its sights on the largest green hydrogen production plant in the world. The American company, Cummins, has acquired land on the “El Ruiseñor” industrial estate. Cummins will invest US$51 million into the project and will collaborate with Iberdrola on the build. Source: Ideal ES

  • Colombia’s Ministry of Mines and Energy approves financing for the development of ten blue and green hydrogen projects

    July 27, 2022

    Colombia’s Ministry of Mines and Energy announced financing for ten approved blue and green hydrogen development projects in the country, an investment that could exceed US$6.5 billion. Source: La Republica

  • Banco Promerica issued its first sustainable bond in El Salvador for US$20 million

    July 14, 2022

    Banco Promerica issued a US$20 million dollar sustainable bond in El Salvador, the first of its kind for the country. It is part of a first sustainable bond issuance program for up to 100 million dollars with a term of 5 years. IDB invest participated as an investor and a buyer of the bonds. Source: […]

  • IDB boosts ESG bond campaign in Latin America and the Caribbean with US$1 billion pipeline

    July 14, 2022

    IDB Invest pushes for ESG bond campaign in Latin America and the Caribbean with US$1 billion pipeline, equivalent to about 60% of the ESG bonds that IDB Invest has participated in over the past six years. Source: Bloomberg

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