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Industry Analysis

  • SGP BioEnergy to build a green hydrogen plant at the Ciudad Dorada biorefinery in Panama

    October 19, 2022

    SGP BioEnergy is building a green hydrogen plant at the Ciudad Dorada biorefinery in Panama. It will generate around 405,000 metric tons of green hydrogen annually. Source: PV Magazine LATAM

  • Banco International in Ecuador plans to issue a blue bond with support of the IFC

    October 19, 2022

    Banco International in Ecuador is planning to issue a blue bond following a subscription agreement for up to US$40 million from the IFC. If approved, it will be the first bond of its kind issued by the private sector in LAC. Source: El Universo

  • Total Eren and Visolar Holdings partner to develop, finance, build, and operate a 100 MW PV project in the Dominican Republic

    October 19, 2022

    Total Eren and Visolar Holdings S.A. have teamed up to develop, finance, build, and operate a 100 MW PV project in the Dominican Republic. The total investment of the solar project is around US$120 million. Source: Dominican Today

  • Barbados is first Caribbean nation to receive funding from the IMF’s US$45 billion Resilience Trust

    October 19, 2022

    Barbados is the first nation in the Caribbean that will receive money from the US$45 billion IMF Resilience Trust. They will receive US$183 million for climate-focused spending. Source: ProPublica

  • Guyana, alongside the IDB, signed a financing agreement with the Norwegian Agency for Development Cooperation to invest in eight photovoltaic projects

    October 5, 2022

    Guyana, alongside the IDB, signed a financing agreement for around US$83.3 million with the Norwegian Agency for Development Cooperation to invest in eight photovoltaic projects totaling 33 MW with 34 MWh energy storage systems. Source: PV Magazine LATAM

  • Neoen launches commercial operation of two batteries within the Capella and Providencia solar plants in El Salvador.

    October 5, 2022

    French company Neoen began commercial operation of two batteries within the Capella and Providencia solar plants in El Salvador, with a total storage capacity of 11 MW/8 MWh. Source: PV Magazine LATAM

  • Puerto Rico launches proposal process to acquire at least 1,000 MW of renewable energy capacity

    October 5, 2022

    The Energy Bureau of Puerto Rico launched a proposal process to acquire at least 1,000 MW of renewable energy capacity and 500 MW of energy storage. Source: PV Magazine

  • Engie Energia Chile will buy a 101 MW wind farm in Chile for US$77 million

    October 5, 2022

    Engie Energia Chile will buy the 101 MW San Pedro wind farm located on the southern island of Chiloé in Chile for US$77 million. The deal includes an authorized expansion of up to 151 MW. Source: Wind Power Monthly

  • IFC and IDB Invest have partnered with HDF Energy and Rubis to develop the first green hydrogen plant in Barbados

    October 5, 2022

    The IFC and IDB Invest are partnering with HDF Energy and Rubis to develop the first green hydrogen power plant in Barbados. The project includes a 50 MW solar generation facility with green hydrogen and lithium battery storage. Source: Pressroom IFC

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