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Industry Analysis

  • Guyana inaugurates largest solar-and-storage plant under low carbon development strategy

    November 6, 2025

    Guyana has inaugurated its largest solar-plus-storage facility, the Onderneeming plant, featuring 5 MWp of solar capacity and 7.5 MWh of battery storage. Funded through the Guyana-Norway forest conservation partnership, the US$10.4 million project increases the Essequibo coast’s power capacity to 22.5 MW. The plant is part of Guyana’s $83.8 million Utility-Scale Solar Photovoltaic (Guysol) Program, […]

  • IFC approves US$100 million financing for ATOME’s US$630 million low-carbon fertilizer plant in Paraguay

    November 6, 2025

    ATOME has announced that the International Finance Corporation (IFC) has approved up to US$100 million in financing for its US$630 million low-carbon fertilizer plant in Villeta, Paraguay. The 260,000 t/y project will also receive support from other major lenders, including the EIB, IDB Invest, FMO, and the Green Climate Fund. The approval marks a key […]

  • HIF Global’s US$830 million e-fuels plant secures environmental approval in Chile’s Magallanes region

    November 6, 2025

    HIF Global’s US$830 million Cabo Negro carbon-neutral fuel plant has been unanimously approved by the Magallanes Environmental Assessment Commission (Coeva), marking the first major green hydrogen-related project in the region. Submitted in October 2023, the project will build a 60-hectare e-fuel plant in Punta Arenas to produce e-methanol, e-gasoline, and e-LPG. The approval follows a […]

  • Barbados to launch 60 MW battery storage and onshore wind project tenders as part of US$9.5 billion energy transition plan

    October 24, 2025

    Barbados is moving forward with its national energy policy and resiliency plan, with an RFP for up to 60 MW of battery energy storage systems (BESS) set to be issued by the end of the month, according to Energy Minister Lisa Cummins. The projects will be built, owned, and operated by private developers, alongside plans […]

  • Jamaica begins search for new power grid operator ahead of JPS license expiration in 2027

    October 24, 2025

    Jamaica’s government has launched the process to find a new national power grid operator ahead of the 2027 expiration of Jamaica Public Service’s (JPS) license. The energy ministry is seeking consultants to design the transition framework, assess ownership transfer options, and make the sector attractive to investors. The IDB-financed consultancy will support the government’s plan […]

  • OpenAI signs letter of intent for data center in Patagonia, led by Sur Energy

    October 24, 2025

    OpenAI has signed a letter of intent to participate in the Stargate Argentina AI data centre project in Patagonia, a joint venture with Sur Energy announced by President Javier Milei’s government with a projected investment of US$25 billion. OpenAI will not contribute funds upfront and will act as the main buyer of computing capacity only […]

  • Mexico invites private developers to apply for 34 renewable energy projects worth US7.1 billion

    October 24, 2025

    Mexico’s energy ministry has invited private developers to apply for generation permits for 34 renewable energy projects—23 solar and 11 wind—totaling nearly 6 GW and US$7.1 billion in investment. The projects are prioritized for accelerated permitting, with applications due October 24 and approvals expected in December. Source: BNAmericas

  • Copiapó becomes first South American city with 100% electric public bus fleet

    October 24, 2025

    The Chilean city of Copiapó has become the first in South America to run a 100% electric public bus fleet, with 121 electric buses operating on 12 urban routes powered entirely by renewable energy. The project, led by Copec Voltex, features an electric terminal, fast chargers, intelligent operational software, and modern bus amenities like air […]

  • Cuba continues push for renewable energy, 19 wind farms under construction

    October 24, 2025

    Cuba now operates 32 photovoltaic parks out of the 55 planned for 2025, providing a total of 715 MW and contributing 9% of the country’s electricity generation in September, up from 2% in January. Additionally, 19 wind farms totaling 415 MW are under construction pushing Cuba toward exceeding its 1,000 MW renewable target this year. […]

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