Industry Analysis - Page 28 of 141

Argentina partners with Germany on green hydrogen and ammonia projects
December 6, 2024
Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK), in collaboration with the German International Cooperation Society (GIZ) and Austria-based RP Global, has launched a partnership in Argentina to develop green hydrogen and green ammonia projects. These initiatives will target both domestic use and exports to Europe, particularly Germany. The partnership includes studies on […]
Bahamas announces US$300 million debt-for-nature swap for marine conservation
December 6, 2024
The Bahamas has refinanced US$300 million of its external debt, securing over US$120 million for marine conservation and climate change mitigation projects. This “debt-for-nature” deal, the fifth of its kind globally, was made with The Nature Conservancy, the Inter-American Development Bank, and other financial partners. Source: AP News
Trinidad and Tobago launches wind resource assessment for future wind energy deployment
December 6, 2024
Trinidad and Tobago has initiated the onshore “Wind Resource Assessment Programme (WRAP)” by deploying Light Detection and Ranging (LiDAR) devices at Orange Valley and Galeota to measure wind data for the next 12-18 months. This project marks the first step towards wind energy development in the country. The successful deployment follows a consultancy supported by […]
Jamaica awards large-scale solar projects to Wigton Energy and SunTerra Energy
December 6, 2024
Wigton Energy and SunTerra Energy Jamaica have won bids to develop large-scale solar projects in Jamaica following a 100 MW renewables tender held in 2023. Wigton Energy will build a 49.83 MW plant in Clarendon, while SunTerra Energy will construct a 50 MW plant in Trelawny. Both companies will own, operate, and negotiate power purchase […]
Barbados launches world’s first debt-for-climate resilience swap
December 6, 2024
Barbados has implemented the world’s first “debt-for-climate resilience” swap, unlocking US$165 million for climate adaptation projects. The deal allocates US$125 million to upgrade sewage treatment plants, improving water supplies and reducing marine pollution, alongside investments in water infrastructure, food security, and environmental protection to combat climate change effects. Source: Reuters
OECS and IRENA collaborate to advance geothermal energy in the Eastern Caribbean
December 6, 2024
The Organization of Eastern Caribbean States (OECS) has partnered with the International Renewable Energy Agency (IRENA) through the SIDS Lighthouses Initiative and the Global Geothermal Alliance to advance geothermal energy development in its Member States. The collaboration, focusing on Dominica, Grenada, St. Kitts and Nevis, Saint Lucia, and St. Vincent and the Grenadines, aims to […]
ATOME Energy’s launches green hydrogen fertilizer project in Paraguay
November 21, 2024
ATOME Energy is advancing a green hydrogen-based fertilizer facility in Villeta, Paraguay, appointing Casale as the exclusive EPC contractor for the project. Source: Fuel Cell Works
Antofagasta unveils South America’s first hydrogen-powered locomotive for sustainable mining
November 21, 2024
Antofagasta PLC’s Transport Division, Ferrocarril de Antofagasta a Bolivia (FCAB), has unveiled South America’s first hydrogen-powered locomotive, marking a significant step in the company’s push for sustainable mining. Set to begin operations in 2025, the hydrogen locomotive will replace diesel fuel and reduce greenhouse gas emissions Source: IM Mining
CTO advocates for climate-resilient tourism at COP29, urges action for SIDS
November 21, 2024
The Caribbean Tourism Organization (CTO) is using its platform at COP29 in Baku, Azerbaijan, to spotlight the severe climate challenges faced by small island developing states (SIDS), with a focus on the vulnerability of the Caribbean’s tourism sector. As tourism is central to the region’s economy, the CTO aims to highlight the impacts of climate […]