Industry Analysis - Page 25 of 141

Grenada launches “Build Back Better” project to rebuild homes and infrastructure in Petite Martinique after Hurricane Beryl
December 19, 2024
Grenada has launched the “Build Back Better” project in Petite Martinique to rebuild homes with storm-resistant structures, following the devastation caused by Hurricane Beryl in July. The initiative aims to offer long-term security for affected residents, with the government already constructing three new homes and planning additional projects to support those unable to afford repairs. […]
UK reaffirms commitment to sustainable development in Latin America and the Caribbean with US$100 million capital increase in IDB
December 19, 2024
The UK has reaffirmed its support for sustainable development in Latin America and the Caribbean by announcing a US$100 million capittal increase in the Inter-American Development Bank (IDB). This includes backing the IDB’s “Originate to Share” business model and plans for a potential fivefold increase in the UK’s capital share in the institution. Source: Jamaica […]
Chile’s US$225 million lithium-ion battery storage project approved for environmental review
December 19, 2024
A lithium-ion battery energy storage project (BESS) with 333 MW power and 1,480 MWh capacity has been approved for environmental processing in Buin, Chile. With a US$225 million investment, the project includes a 220/33 kV substation and a transmission line. Source: PV Magazine LATAM
Suriname begins construction of three hybrid solar plants to power 25 villages
December 19, 2024
Construction of three hybrid solar power plants in Suriname is underway to supply 25 villages with electricity. The plants, located in Daume, Cajana, and Galibi, will combine solar panels, battery storage, and backup diesel generators, providing 360 kWh per cluster. This initiative is part of Phase II of the Suriname Village Solar Microgrid Project, implemented […]
Chile unveils first locally manufactured hydrogen bus
December 19, 2024
Chile has unveiled its first hydrogen-powered bus, developed through a public-private collaboration led by Corfo, Colbún, Anglo American, and Reborn Electric Motors. The 8.5-meter bus, with a range of up to 600 km, will begin testing in 2025. It is designed for both urban and rural environments and is intended for use in public transport, […]
Metlen expands Chilean renewable energy portfolio to 588 MW with new solar farms
December 19, 2024
Greece’s Metlen Energy & Metals has expanded its renewable energy portfolio in Chile to 588 MW by inaugurating two new solar farms: the Doña Antonia solar park with 86 MW capacity and the Coquimbo solar farm with 89 MW capacity. Source: BNAmericas
EGE Haina receives greenlight for 100 MW wind and solar project in the Dominican Republic
December 19, 2024
EGE Haina has received approval for a 100 MW renewable energy project in the Dominican Republic, comprising a wind farm in Valverde province and a solar farm in San Cristóbal province. This initiative supports EGE Haina’s goal to reach 1,000 MW from renewable sources by 2030. Source: Renewables Now
UK announces US$10.7 million funding for Grenada’s geothermal energy development
December 19, 2024
The UK has announced a US$10.7 million funding package to support Grenada’s Geothermal Energy Development Project. The investment will fund critical resource testing, including drilling exploratory wells to evaluate geothermal electricity potential. Source: Caribbean Loop News
Trinidad and Tobago advances renewable energy goals with LiDAR deployment for wind resource assessment
December 19, 2024
Trinidad and Tobago has successfully deployed LiDAR devices in Orange Valley and Galeota to measure wind data for the onshore Wind Resource Assessment Programme (WRAP), marking a milestone in its renewable energy journey. Supported by the European Union and coordinated by the Ministry of Energy and Energy Industries (MEEI), the initiative aims to achieve the […]