Industry Analysis - Page 30 of 141

Chile enacts new law to simplify geothermal energy development and establish national registry for shallow projects
November 12, 2024
Chile has enacted new legislation to streamline geothermal energy development by amending regulations for shallow projects. The new law also establishes a National Registry for Shallow Uses of Geothermal Energy, managed by the Ministry of Energy, to oversee and track these operations. Source: ThinkGeoEnergy
Chile launches project to develop hydrogen-powered trains for sustainable transportation
November 7, 2024
Chile is advancing sustainable transportation with a project to develop hydrogen-powered trains, led by Chilean State Railways (EFE) in partnership with the Ministry of Transport, the National Hydrogen Institute, and Hydrox. The initiative involves converting existing Electric Multiple Units (EMUs) into hydrogen-powered trains, with the first prototype undergoing trials to assess its feasibility for regular […]
German Development Agency issues tender to create a financing framework for renewable hydrogen project in Chile
November 7, 2024
The German Development Agency has issued a tender to establish a financing framework for a renewable hydrogen project in Chile. The goal is to design a sustainable financial structure that attracts both public and private investors to support green hydrogen initiatives in Chile. Source: Energy News
EIB and CDB launch US$109.4 million initiative to improve water management and protect Caribbean oceans
November 7, 2024
The European Investment Bank (EIB) and the Caribbean Development Bank (CDB) have launched a US$109.4 million initiative to enhance water supply management and protect the ocean ecosystem across the Caribbean. The funding will support projects aimed at improving clean water access, wastewater treatment, solid waste collection, and flood prevention, while also addressing climate change impacts […]
Fuella signs agreement for second green ammonia plant in Ceará, Brazil
November 7, 2024
Fuella has signed an agreement to build a large-scale green ammonia plant at the Port of Pecém in Ceará, Brazil, marking its second green ammonia project in the country. Source: Fuel Cell Works
Statkraft completes 79.8 MW Morro do Cruzeiro wind park in Brazil
November 7, 2024
Statkraft AS has completed the 79.8 MW Morro do Cruzeiro wind park in Bahia, Brazil, following an investment of US$103.3 million. The park, with 14 turbines, generates 386 GWh annually, enough to power over 190,000 homes. Source: Renewables Now
The Government of the Virgin Islands secures loan from CIBC for infrastructure development
November 7, 2024
The Government of the Virgin Islands has secured a US$100 million loan from CIBC First Caribbean to support critical infrastructure development. Source: BVI
Saint Kitts and Nevis launches renewable energy project to power Basseterre Deep Water Port
November 7, 2024
The Government of Saint Kitts and Nevis has launched a renewable energy project to power the Basseterre Deep Water Port, aligning with its Sustainable Island State Agenda. The initiative, led by SYG TECH, will implement a renewable energy-powered microgrid featuring innovative Vertical Axis Wind Turbine technology, designed to withstand the region’s harsh weather conditions. Source: […]
Bahamas Prime Minister calls for new partnerships to strengthen aviation in Latin America and the Caribbean
November 7, 2024
Prime Minister Phillip Davis of the Bahamas emphasized the need for new partnerships to shape the future of aviation in Latin America and the Caribbean during the opening of the Latin American & Caribbean Air Transport Association (ALTA) Forum. He highlighted the launch of the Bahamas’ National Aviation Strategic Plan, which aims to build a […]