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  • IDB approves $60 million credit line to boost blue economy in the Bahamas

    April 14, 2024

    The Inter-American Development Bank (IDB) proposed a US$60 million Conditional Credit Line for Investment Projects aimed at promoting sustainable development in The Bahamas. This initiative targets the growth of micro, small, and medium-sized enterprises (MSMEs) within the country’s blue economy sector. Source: IDB

  • AGM proposes geothermal exploration subsidy in Mexico

    April 14, 2024

    The Mexican Geothermal Association (AGM) is advocating for a subsidy to support geothermal exploration, suggesting that funding could be sourced from the country’s oil revenue Source: ThinkGeoEnergy

  • Launch of Interactive Map for the 2023 edition of H2LAC Index

    April 3, 2024

    New Energy alongside our partners at Hinicio are proud to announce the launch of a new interactive map for the 2023 edition of the annual H2LAC Index, the most extensive annual index on the status and progress of the regional hydrogen economy.

  • IDB Invest issues sustainable bonds to fund infrastructure and projects in Latin America

    March 28, 2024

    IDB Invest recently issued two sustainable bonds in local currency. One was valued at 2.5 billion Mexican pesos (about US$150 million) while the other was valued at 40 billion Colombian pesos (around US$10 million). The funds will be directed towards promoting inclusive financing and providing support for essential infrastructure projects in transportation, renewable energy, telecommunications, […]

  • BBVA Perú secures US$250 million loan for sustainable building projects

    March 28, 2024

    BBVA Perú has secured a US$250 million loan from the International Finance Corporation (IFC) and the Japan International Cooperation Agency (JICA). The funding will be directed towards supporting sustainable building projects through lending initiatives. Source: Latin Finance

  • Bahamas seeks accountability for climate change

    March 28, 2024

    The Bahamas has submitted a request to the International Court of Justice (ICJ) to hold countries accountable for climate change. This submission follows the country’s support for a UN Resolution seeking an advisory opinion on states’ obligations regarding climate change. Source: Tribune242

  • Grenergy Renovables SA launches 200 MW solar farm in Chile

    March 28, 2024

    Grenergy Renovables SA inaugurated a 200 MW solar farm in Chile. The plant consists of 367,200 solar panels and will supply electricity to over 136,000 homes. Source: Renewables Now

  • Eletrobras partners with Paul Wurth do Brasil to collaborate on renewable hydrogen initiatives

    March 28, 2024

    Eletrobras has entered into a memorandum of understanding with engineering consulting firm Paul Wurth do Brasil to collaborate on renewable hydrogen initiatives. This partnership includes plans to construct and operate a 10 MW plant for green hydrogen and oxygen production. Source: Renewables Now

  • Neoenergia signs agreement with Rio de Janeiro government for offshore wind power exploration

    March 28, 2024

    Brazilian utility company Neoenergia SA has entered into an agreement with the government of Rio de Janeiro state to explore offshore wind power projects. The MoU outlines plans for conducting studies on offshore wind generation in the state’s coastal region. Source: Renewables Now

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