Industry Analysis - Page 128 of 135

Barranquilla, Colombia signs MoU for construction of 350 MW offshore wind farm
March 29, 2022
The city of Barranquilla in Colombia signed an MoU with a subsidiary of Copenhagen Infrastructure Partners to construct a 350MW offshore wind pilot project. If successful, the project will be the first offshore wind farm in Latin America. Source: Renews.Biz
Flash Motors Company Ltd. becomes the first dedicated electric vehicle company in Jamaica
March 29, 2022
Xavier Gordon, a mechanical engineer, and Carey Escoffery, a finance professional, launched Jamaica’s first dedicated Electric Vehicle company, Flash Motors Company Ltd. The company will supply a full suite of EVs, EV service equipment, and charging network solutions across the Caribbean. Source: Cayman Loop News
Atome Energy procures 1 MW electrolyzer unit for Paraguay mobility project
March 29, 2022
Atome Energy has agreed to purchase a 1 MW electrolyzer unit from CPH2, the UK-based green hydrogen technology and manufacturing company. The electrolyzer will be deployed in Atome’s Paraguay mobility project. Source: Renews.Biz
The ECCB will complete construction of their solar and storage project by end of 2022
March 29, 2022
The Eastern Caribbean Central Bank’s solar power canopy is the biggest solar-power generation system on St Kitts and Nevis. It is also the biggest solar-power system in the Eastern Caribbean operated by any entity other than a power company. Source: Central Banking
Jamaica receives proposals for pumped hydroelectric storage project
March 29, 2022
Jamaica received local and international proposals to implement a pumped hydroelectric storage project. Reportedly, the power generation could be up to 200MWh annually and could increase Jamaica’s proportion of renewable electricity generation to 50% from 13% today. Source: Energy Storage News
IDB issues request for EOI to assist Barbados in structuring a framework for a larger capacity of utility-scale RE and storage
March 29, 2022
The IDB issued a request for expressions of interest to assist Barbados in structuring a competitive framework to secure a larger capacity of utility-scale renewable energy and/or storage. The winner will create a procurement process that will include pre-qualification requirements and documents, tender documents, and evaluation criteria. Source: BN Americas
CCREEE launches two data enhancement tools to assist the region in meeting its energy targets
March 29, 2022
The Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) launched two data enhancement tools designed to assist the region meet its energy targets. The first, the Caricom Energy Knowledge Hub (CEKH), is a data portal with renewable energy and energy efficiency applications. The second, the Caricom Energy Information System, will support government technical officers […]
The Republic of Chile issued the world’s first sovereign sustainability-linked bond
March 29, 2022
The Republic of Chile issued the world’s first sovereign sustainability-linked bond, a US$2 billion 4.35% note due March 2042. The bond was listed on the London Stock Exchange’s International Securities Market and Sustainable Bond Market. Source: The London Stock Exchange
El Salvador to issue bitcoin bonds through geothermal company, LaGeo
March 29, 2022
El Salvador will use LaGeo, the state-owned geothermal company, to issue bitcoin bonds. The plan foresees the bonds to go to the market between May and July. Source: Think Geo Energy