The Ministry of Mines and Energy of the Republic of Colombia and the European Investment Bank signed a declaration of intent to promote the energy transition in Colombia, giving priority to green hydrogen development. Source: EIB
On.Energy is working to deploy 39 MWh of battery energy storage systems at airports across Latin America to help improve grid reliability. Source: Energy.Storage.News
At COP27, The World Bank announced the creation of the Hydrogen for Development Partnership, a new global initiative to help boost deployment of low-carbon hydrogen in developing countries. Source: World Bank
Mexico announced at COP27 that they intend to deploy more than 30 GW of additional wind, solar, geothermal, and hydroelectricity capacity by 2030. Source: Renewables Now
The World Bank is currently working to help Saint Lucia undertake geothermal exploration drilling activities to confirm the extent and quality of the resource. Source: World Bank
CEPM, a division of InterEnergy is working to secure a green loan from Bank of America and a multilateral lender for renewable projects in the Dominican Republic. Source: Latin Finance
Genneia, the Argentinian power generation company is seeking to raise up to US$80 million through the sale of green bonds in the local market. Source: Latin Finance
Omega Energia, will supply electricity from the 211.5 MW Assurua 4 wind project to the Brazilian pharmaceutical company, Eurofarma. Source: Renewables Now
