Market News

Air Liquide and Faurecia announce a Development Agreement to boost Hydrogen for Heavy-Duty vehicles

November 5, 2021

Air Liquide and Faurecia announced the signature of a joint development agreement to design and produce on-board liquid hydrogen storage systems for the automotive industry. Through this technology partnership, the two companies will accelerate the deployment of zero-emission heavy-duty mobility. Source

Transhydrogen Alliance plans $2B green H2 project in Brazil

November 5, 2021

European consortium Transhydrogen Alliance will study the development of a USD-2-billion (EUR 1.7bn) green hydrogen project at the Pecem industrial and port complex in Brazil’s Ceara state over the coming years.   Source

US ambassador cites “serious concerns” on Mexico energy bill

November 5, 2021

The U.S. ambassador to Mexico said Wednesday that his country has “serious concerns” about the Mexican government’s attempts to limit competition in the electrical power sector. Ambassador Ken Salazar said he met with Mexican officials to discuss a proposed constitutional change to restrict the market share of private power generators and favor Mexico’s state-owned utility […]

Caribbean NGO training citizens to provide safe solar PV installations

November 5, 2021

Green Solutions International SKN Incorporated (GSI), a Caribbean energy company and solar photovoltaic (PV) training provider, is developing the capacity of citizens across the region to provide safe, quality, solar PV installations for residential and commercial clients.   Source

Barbados seeking to establish ‘green bank’

November 5, 2021

Barbados is to establish a green bank that will facilitate private investment in domestic low-carbon, climate-resilient infrastructure. Several governments have in recent years established green banks as part of their efforts to facilitate private investment into domestic low-carbon, climate-resilient infrastructure. Source

Antigua – Barbuda, Tuvalu to seek justice for climate change damage before international courts

November 5, 2021

The prime minister of Antigua and Barbuda – current chair of the Alliance of Small Island States (AOSIS) and the prime minister of Tuvalu today signed an historic accord that opens the way for ground-breaking litigation before international courts. This offers a novel legal path to address the severe damage to Small Island States caused […]

UK, CDB to improve the energy network in Barbuda

November 5, 2021

The Caribbean Development Bank (CDB) approved a grant to reconstruct and rehabilitate the energy network in Barbuda. The project is being funded by the United Kingdom under its aid programme. The CDB-administered grant of GBP 2.85 million will finance the undergrounding of about half of the 16 kilometres electricity network of the island, and provide […]

Foxconn sets sights on making EVs in Latin America, Europe, India

October 27, 2021

Taiwan tech giant Foxconn is looking at making electric vehicles (EVs) in Europe, India and Latin America, including “indirectly” cooperating with German automakers, Chairman Liu Young-way said on Wednesday, Reuters reported.   Source

GSS bonds and other forms of sustainable finance have become a mainstream feature of Latin American debt capital markets

October 27, 2021

Sustainability issues in Latin America have long been closely linked to finance, but never more so than today. Latin America’s tropical forests are among the most biodiverse ecosystems on earth—and highly vulnerable to the increasingly significant effects of climate change. Source