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renewable energy

  • The U.S., Mexico, and Canada partner to explore the development of a North American clean hydrogen market

    January 18, 2023

    The U.S., Mexico, and Canada plan to work together to explore hydrogen development. Their goal is to develop a North American clean hydrogen market, including potential collaboration on research and development, safety codes, cross-border hydrogen clusters, green freight corridors, and integrated maritime operations. Source: Engineering and Technology

  • Panama and India are exploring the idea of green hydrogen collaboration

    January 18, 2023

    Panama and India are in talks to explore a green hydrogen collaboration. Both countries are interested in becoming global hydrogen hubs. Source: Hydrogen Central 

  • ViaMobilidade, the Brazilian public transit company, places the largest sale of green bonds in the local market

    January 18, 2023

    Brazilian public transit company, ViaMobilidade, places the largest sale of green bonds in the local market as part of a US$885 million financing package. Source: Latin Finance

  • BNDES approves loan of US$655.8 million to support the development of 1.5 GW of wind and solar energy projects in Bahia and Minas Gerais

    January 18, 2023

    BNDES approves US$655.8 million loan to support the development of the 846-MW Serra do Assurua and 423-MW Novo Horizonte wind complexes, and the Boa Sorte solar photovoltaic (PV) complex in Bahia and Minas Gerais. Source: Renewables Now

  • State-owned Chilean copper mine, Codelco, signed an agreement to swap coal power for renewable energy

    January 18, 2023

    Codelco, the state-owned copper mine in Chile, signed an agreement with AES Andes to replace its current supply of coal power with renewable energy. Source: Renewables Now 

  • Portland Private Equity announces launch of US$350 million Portland Caribbean Fund III; fund will make a series of social investments in the region

    January 18, 2023

    Portland Private Equity plans to use US$350 million in financing to make a series of social investments in the Caribbean under the Portland Caribbean Fund III. The third version of the fund will focus on investing in scalable regional businesses. Source: Jamaica Gleaner

  • The World Bank provides US$110 million in financing to support Barbados’s transition to low-carbon economic development and climate resilience

    January 18, 2023

    The World Bank approves US$110 million in financing for Barbados to support its low-carbon economic development and climate resilience. The loan has two main pillars, the first focusing on green and blue resilient development, including water reuse, adoption of climate change and agriculture policy, and the establishment of an Environmental Sustainability Fund, among other items. […]

  • The Dominican Republic’s National Energy Commission (CNE) grants concession for the development of a 25 MW solar park

    January 18, 2023

    The Dominican Republic’s CNE has granted the concession for the development of the  25-MW/32.6-MWp Canoa II solar park project. This is the second phase of the Canoa solar park project, the first phase also saw the installation of a 25 MW solar project. Source: Renewables Now

  • Saona Island in the Dominican Republic becomes the first and only island in the hemisphere to use 100% renewable energy

    January 18, 2023

    Saona Island is powered entirely by renewable energy due to the recently completed Saona plant, making it the first and only island in the hemisphere to run on 100% renewable energy. The Saona plant, designed and commissioned by the Bayahibe Electricity Company (CEB), has a storage capacity of 5 MWh with potential for expansion based […]

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