Industry Analysis - Page 2 of 133

IDB Invest considers US$5 million loan for El Salvador’s 100 MW Metapan wind project
May 15, 2025
IDB Invest is considering a US$5 million loan to El Salvador’s state-owned utility CEL to finance the early-stage development of a 100 MW wind project in the northwest. The funds will cover technical, environmental, and social studies, as well as expenses for the Metapan wind farm’s development and the installation of meteorological towers. A decision […]
BNDES approves US$27.5 million for GreenYellow’s distributed solar projects in Brazil
May 15, 2025
BNDES has approved US$27.5 million to support GreenYellow’s distributed solar projects across Brazil. The funding will aid in the installation of 16 mini-generation plants with a total capacity of 31 MW in various states. Source: Renewables Now
Bermuda launches procurement for first offshore wind project to generate 120 MW renewable energy
May 15, 2025
The Regulatory Authority of Bermuda (RA) has launched the procurement process for the island’s first offshore wind project, targeting up to 120 MW of renewable energy. The project will be developed in phases, starting with 60 MW, and will be located off Bermuda’s north shore. To support the project, the RA will commission further studies, […]
Ecuador moves forward with Tufiño-Chiles-Cerro Negro geothermal project to generate 138 MW of clean energy
May 15, 2025
Ecuador’s Ministry of Energy and Mines is advancing the Tufiño-Chiles-Cerro Negro Binational Geothermal Project, located on the northern border with Colombia, to diversify the country’s energy mix. A letter of intent was signed on April 10 to begin the project’s implementation, which will harness the geothermal potential in Carchi province and generate up to 138 […]
Grenada advances geothermal energy project
May 15, 2025
The Government of Grenada is advancing its Geothermal Energy Development Project, now entering the exploration drilling phase. The project aims to generate up to 15 MW of clean, renewable baseload power, reducing the country’s reliance on imported fossil fuels while enhancing grid reliability. Source: Now Grenada
United H2 launches global green hydrogen network
April 25, 2025
United H2 Limited (UHL) has launched GreenH2 Global, a network of regional branches—GreenH2 LATAM, Africa, and Europe—to expand its clean energy venture-building model globally. The model has already generated over US$650 million in market capitalization and US$24 million in shareholder returns. Source: Fuel Cells Works
Chile launches green hydrogen subsidy program in Biobío industrial hub
April 25, 2025
Chile’s development agency Corfo has introduced a new subsidy program to promote green hydrogen use and supply chain development in the industrial region of Biobío. The initiative will fund up to 60% of project costs, capped at US$5 million per project. Aimed at sectors like steel, petrochemicals, and refining, selected projects must be completed within […]
UK commits over US$21.5 million to boost Jamaican agriculture with new irrigation project
April 25, 2025
The UK government has pledged approximately US$21.5 million to support Jamaica’s Southern Plains Agricultural Development Project, which includes the new Parnassus Irrigation System and Agro-Park in Clarendon. Funded through the UK Caribbean Infrastructure Fund and implemented by the Caribbean Development Bank, the initiative aims to enhance irrigation, infrastructure, and climate resilience. Source: Loop News
Mexico joins Caribbean nations in implementing cruise passenger tax for sustainable tourism
April 25, 2025
Mexico will introduce a new cruise passenger tax in 2025, aligning with Caribbean countries such as Barbados, Jamaica, and the Dominican Republic in adopting similar measures. This initiative reflects a broader regional shift toward sustainable tourism, using tax revenue to support environmental protection, infrastructure upgrades, and cultural preservation. Source: Travel and Tour World