Industry Analysis - Page 6 of 195

World Bank backs US$2.86 billion Brazilian industrial decarbonization initiative
September 27, 2026
The World Bank Group is supporting a US$2.86 billion industrial decarbonization initiative in Brazil, including US$1.06 billion in World Bank and CIF financing and an expected US$1.8 billion mobilized from other sources. Delivered through BNDES, the program will target low-carbon industrial production, next-generation fuels, and shared hydrogen and ammonia infrastructure. Source: World Bank
Ecuador opens support tender for US$250 million geothermal project
September 27, 2026
Ecuador has opened a tender for a 165-day technical support contract linked to a geothermal project valued at approximately US$250 million, with bids due October 1. Source: BNAmericas
Renault Geely begins local production of electrified vehicles in Brazil
September 27, 2026
Renault Geely do Brasil has begun production of the Geely EX5 EM-i Super Hybrid at its modernized Ayrton Senna Industrial Complex, marking the first locally manufactured Geely vehicle in Brazil. Production of the fully electric Geely EX2 is scheduled to begin at the facility in December 2026. Source: Street Insider
USVI virtual power plant dispatches 2.5 MWh during grid tests
September 27, 2026
The Virgin Islands Energy Office dispatched a combined 2.5 MWh from residential batteries during virtual power plant tests on the St. Croix and St. Thomas-St. John grids. The VIBES 2.0 program has paid or is processing approximately US$244,000 in incentives as it works to expand participation across the territory. Source: St. Thomas Source
Google signs two-million-tonne carbon credit deal for Brazil project
September 27, 2026
Google has signed its largest carbon-removal deal to date with Terradot for a project spanning more than 200,000 hectares in Brazil. The project targets one million tonnes of methane-abatement credits by 2030 and one million tonnes of carbon-removal credits by 2040 using enhanced rock weathering. Source: Reuters
Belize plans US$400 million-plus redevelopment of Belize City port
September 27, 2026
Belize is preparing a major redevelopment of the Port of Belize valued at more than US$400 million, including deeper and wider marine access, new cargo facilities and a modern cruise tourism gateway. Prime Minister John Briceño said construction is expected to begin in 2027. Source: Breaking Belize News
Actis launches 2 GW-plus Mexican renewables platform after solar-storage award
September 27, 2026
Actis has launched Yeltica Energy, a Mexican renewables platform targeting more than 2 GW of solar, wind and battery storage capacity. The platform is anchored by three projects totaling approximately 330 MWp of solar and 255 MWh of battery storage, awarded through CFE’s first Mixed Investment Tender. Source: Actis
Jamaica signs CDB loan for US$36 million rural water program
September 27, 2026
Jamaica has signed a loan agreement with the Caribbean Development Bank to support a US$36 million rural water program expected to benefit more than 40,000 residents. The project will develop six water-supply schemes across five parishes, including upgrades to treatment facilities, transmission and distribution networks, storage tanks and lift stations. Source: JIS.gov
IDB approves US$23.75 million for Belize rural electrification
September 27, 2026
The IDB has approved a US$23.75 million financing package to expand rural electrification in Belize, marking its first energy-sector operation in the country. The program will fund solar mini-grids with battery storage and smart meters, distribution-network expansion and first-time electricity access for approximately 3,000 rural households. Source: IADB