Industry Analysis - Page 98 of 140

IDB approves a US$1 billion line of credit for investments boosting productivity and sustainable development in Chile
December 22, 2022
The IDB approved a line of credit for US$1 billion towards investment projects in Chile that will aid in boosting productivity and sustainable development. The first disbursement of the 25-year loan – US$400 million, was already authorized. Source: Latin Finance
CEMEX will begin implementing hydrogen injection technology at four cement plants in Mexico
December 22, 2022
CEMEX will start implementing hydrogen injection technology at four of its cement plants in Mexico which will help reduce its consumption of fossil fuels. Source: CEMEX
Construction to begin in Trinidad on 112.2 MW solar project
December 22, 2022
Trinidad and Tobago project partners bp, Shell, and Lightsource are set to start construction on one of the largest solar projects in the Caribbean. The project will be constructed at two sites and have a combined capacity of 112.2 MW. Source: EnergyNow.TT
Isagen SA ESP to sell its only thermal power plant in Colombia to focus on shifting to 100% renewable power generation
December 22, 2022
Isagen SA ESP will sell its only thermal power plant in Colombia to focus on shifting to 100% clean electricity generation using hydro, wind, and solar energy. The gas-fired power plant has a capacity of 272 MW. Source: Renewables Now
Acciona Energy to acquire and develop a 162 MW solar power complex in the Dominican Republic
December 22, 2022
Acciona Energy will acquire and develop a 162 MW solar power complex in the Dominican Republic after coming to an agreement with JMMB Sustainable Energy Fund FES and Dominican diversified holding, Grupo Pais. Acciona Energy will own a 51% stake in the project. Source: Renewables Now
Guyana signs historic agreement to sell US$750 million worth of carbon credits to the Hess Corporation
December 8, 2022
Guyana has signed a multi-year deal with the Hess Corporation to sell the US energy major high-quality carbon credits for US$750 million. A significant portion of the money from the deal will flow to indigenous communities. Source: Guyana Times
Brazil’s Pecem Industry and Port Complex signs contracts to build a green hydrogen and ammonia plant
December 8, 2022
Brazil’s Pecem Industry and Port Complex, and Brazilian developers Casa dos Ventos Energias Renovaveis and Comerc Eficiencia, will begin construction on a green hydrogen and ammonia plant with up to 2.4 GW of electrolysis capacity. Source: EnergyNews.biz
Equinox will start construction on its 531 MW solar project in Brazil
December 8, 2022
Equinox will begin construction on its 531 MW Mendubim solar project in Brazil. The project’s total investment cost is US$430 million. Source: Renews.Biz
Jamaica’s Ministry of Education will implement solar energy projects in 30 institutions beginning in 2023
December 8, 2022
The Ministry of Education in Jamaica will implement pilot solar energy projects in 30 institutions to promote solar energy usage in schools. The projects will begin in 2023. Source: Caribbean National Weekly