Industry Analysis - Page 131 of 132

IMF Reduces 2022 Economic Growth Estimate for Latin America and the Caribbean
February 1, 2022
The International Monetary Fund (IMF) lowered its 2022 economic growth forecast for Brazil and Mexico, the two largest economies in Latin America, by 1.2 percentage points each. The estimate for the entirety of Latin America and the Caribbean was also lowered by 0.6 percentage points to 2.4%, although Argentina is estimated to have a 0.5 […]
2021 Sustainable Finance Market Sets New Records
January 28, 2022
In 2021, over USD 1.6 trillion in sustainable debt was issued. The market also saw a 100% increase in green bond issuance from 2020 to 2021. Source: BNEF
Colombia’s Ministry of Mines and Energy Proposes Governing Requirements for Exploration of Geothermal Resources
January 28, 2022
Colombia’s Ministry of Mines and Energy published draft guidelines governing the exploration, exploitation, and registration of geothermal resources. Source: Ministry of Mines & Energy, Colombia (In Spanish)
Kenesjay Green Ltd & CREAD Launch the Green Hydrogen Country Assessment for Dominica
January 28, 2022
Kenesjay Green Ltd (KGL), a Trinidad-based company, completing a Green Hydrogen Country Assessment for Dominica. Working alongside the Climate Resilience Execution Agency for Dominica (CREAD), the assessment will help create a plan to utilize Dominica’s geothermal resources and build long-term resilience into the national economy. Source: Fuel Cell Works
Colombia Unveils USD 19 Million Guajira 1 Wind Farm
January 25, 2022
Colombia recently inaugurated the country’s largest wind farm, Guajira 1, which expects to generate around 20MW and had a total investment of about USD 19 million. Elecnor constructed the Guajira 1 wind farm, the first of 16 wind farms to be developed in the area. Source: Power Info Today
IDB Invest Allocates USD 24 Million to Soleco for Solar Photovoltaic Development
January 25, 2022
IDB Invest committed USD 24 million to Soleco Energy (Jamaica) Limited to develop solar photovoltaic plants in Jamaica. The financing will come from a Senior A Loan and other blended finance sources, like the Clean Technology Fund. Source: Soleco Energy
Mexico’s Federal Electricity Commission (CFE) Launches Pilot Project for Green Hydrogen Production
January 25, 2022
Mexico’s Federal Electricity Commission (CFE) announces plans for a pilot project for green hydrogen production, to be powered by PV plant in Baja California. Source: Energia Debate (In Spanish)
BMR Secures USD 88 Million Loan to Refinance Solar and Wind Project Debt
January 24, 2022
BMR Energy uses USD 88 million loan from CIBC FirstCaribbean International Bank and National Commercial Bank Jamaica Limited (NCB) to refinance the debt from its wind and solar photovoltaic independent power producers (IPP) in Jamaica, Grand Cayman, and Guatemala. Source: Jamaica Observer
InterEnergy Group Refinances its USD 42 Million PMGD Portfolio in Chile
January 24, 2022
InterEnergy Group is refinancing its combined wind and solar PMGD portfolio in Chile, worth USD 48.2 million through the private placement of bonds. Source: InterEnergy