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Industry Analysis

  • 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

  • Banco Popular Dominicano approves green bond issue of USD 45 million

    March 29, 2022

    The Banco Popular Dominicano approved the issuance of a US$45 million green bond to finance new renewable energy, electro-mobility, and eco-efficiency projects. Source: Bloomberg Linea

  • Brazilian state of Rio Grande do Sul signed an MoU with Enerfin do Brasil to construct a green hydrogen project

    March 29, 2022

    The government of the Brazilian state of Rio Grande do Sul signed an MoU with Enerfin do Brasil, the Brazil-based renewables subsidiary of Spanish infrastructure builder Elecnor SA to construct a green hydrogen project in the state’s Rio Grande port. Source: Renewables Now 

  • The Dominican Republic’s Ministry of Mines and Energy signs three PPA’s for 128 MW of solar and biomass projects

    March 17, 2022

    The Dominican Republic’s Ministry of Mines and Energy signed three PPA’s for 128 MW for two solar parks with a combined capacity of 93 MW and one biomass-based project of 35 MW. The overall investment for the plants will be $197 million. Source: Renewables Now

  • IDB issues EOI to help support GPL’s shift to modernize Guyana’s grid

    March 17, 2022

    The IDB issued a call for expressions of interest to help support Guyana Power & Light’s shift towards grid modernization. The efforts include assisting with GPL’s smart grid deployment to incorporate intermittent renewable energy systems. Source: BN Americas

  • RESEMBID funds seven sustainable development projects with grants totaling USD 3 million

    March 17, 2022

    The Caribbean Overseas Countries and Territories (OCTs) Resilience, Sustainable Energy, and Marine Biodiversity Programme (RESEMBID) are funding seven sustainable development projects in the Caribbean, with grants totaling $3 million. They awarded grants to the Cayman Islands, Anguilla, St. Maarten, CARILEC, and ACS. Source: Caribbean Loop News

  • Wigton Windfarm Limited acquires 21% stake in Flash Motors Company Limited

    March 17, 2022

    Wigton Windfarm Limited, the energy facility in Jamaica, acquired a 21% stake in Flash, a holding company registered in St. Lucia. The deal also grants them an equivalent share in Flash’s wholly-owned subsidiary Flash Motors Company Limited. Flash Motors plans to sell electric vehicles in Jamaica, Trinidad & Tobago, and Guyana.  Source: Jamaica Gleaner 

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