Industry Analysis - Page 34 of 130

Brazil’s Chamber of Deputies approves bill promoting green hydrogen
July 19, 2024
The Chamber of Deputies in Brazil approved a bill promoting investment in low-carbon hydrogen. The approved text includes up to US$3.2 billion in tax incentives and expands eligibility to include hydroelectric plants and agribusiness. Source: BNAmericas
EDF inaugurates 480 MW CEME1 solar farm in Chile’s Atacama Desert
July 19, 2024
EDF inaugurated the 480-MW CEME1 solar farm in Chile’s Atacama Desert, marking Chile’s largest solar project to date. EDF plans to add a 1,200 MWh battery energy storage system to enhance plant efficiency. Source: Renewables Now
Elecnor begins construction of 320 MW Cimarron wind farm in Mexico
July 19, 2024
Spanish infrastructure builder Elecnor SA has begun construction of the 320 MW Cimarron wind farm in Mexico after securing the EPC contract for the project. Source: Renewables Now
Aslan Energy Capital to develop large-scale green hydrogen and ammonia facility in Mexico
July 19, 2024
Aslan Energy Capital has selected a site in Sonora, Mexico, for a large solar-powered green hydrogen and green ammonia production facility. The project will be completed in four phases over 10 years, with commercial operations starting in 2028. Source: Renewables Now
Preliminary license issued for 450 MWp Barro Alto PV complex in Goiás
July 19, 2024
The Brazilian state of Goiás has issued a preliminary license for the 450 MWp Barro Alto photovoltaic complex. The project is scheduled to be operational by the end of the year and will cost approximately US$238 million. Source: Renewables Now
Grenada forms task force to push for climate disaster compensation
July 19, 2024
Grenada is creating a task force to advocate for compensation for damage from climate change-related natural disasters affecting itself and other vulnerable states. Following Hurricane Beryl, Grenadian Prime Minister Dickon Mitchell announced that the government decided in an emergency meeting to have the Ministry of Foreign Affairs and the Ministry of Environment, Climate Resilience, and […]
Barbados plans to boost onshore wind power expansion
July 5, 2024
The Government of Barbados, with the support of the International Finance Corporation (IFC), is ramping up its climate change mitigation and energy diversification efforts by expanding its onshore wind power capacity. Source: Wind Insider
The Bahamas requires US$500 million to modernize the electrical grid
July 5, 2024
The Bahamas has identified a need of nearly US$500 million in capital expenditure to update the electrical grid. The government aims to address high power costs, frequent outages, and aging infrastructure, with some transformers and substations over 50 years old and close to collapse. Source: BNAmericas
IDB Invest launches first private sector bond to boost sustainable development in the Amazon
July 5, 2024
IDB Invest launched its first private sector bond to support green and social projects in the Amazon. The five-year, US$8.7 million bond aims to foster economic opportunities while protecting the rainforest. Source: IDB Invest