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Renewables

  • BNDES approves US$26 million for biogas plants at Grupo Piracanjuba to cut emissions

    March 13, 2025

    BNDES has approved US$26 million in financing for four industrial effluent treatment plants with biogas production at Grupo Piracanjuba’s facilities. The funding will also support the replacement of fossil fuel-based boilers at two factories. Once operational, the plants will produce up to 11.7 million cubic meters of biogas annually, offsetting approximately 152,700 tonnes of CO2 […]

  • El Salvador expands geothermal capacity with new 7 MW Berlin Plant and Ahuachapan upgrades

    March 13, 2025

    El Salvador’s 7-MW Berlin binary geothermal power plant has been installed and is undergoing testing, with operations expected to begin later this year, according to Daniel Alvarez of DGEHM. Additionally, improvements at the Ahuachapan geothermal plant have increased its capacity by 2 MW, bringing the country’s total installed geothermal capacity to 204 MW. Managed by […]

  • Grenada opens first climate-smart fisher facility to boost resilience and sustainability

    February 28, 2025

    The Nature Conservancy (TNC), in partnership with Grenada’s government and international organizations, has inaugurated the island’s first Climate-Smart Fisher Facility in Soubise, St. Andrew. The facility integrates renewable energy, rainwater harvesting, and coastal protection measures to enhance the resilience of the local fishing community while mitigating climate change impacts. In addition to supporting fishers with […]

  • Bahamas signs US$200 million agreement with Afreximbank to boost infrastructure and trade

    February 28, 2025

    Bahamas Prime Minister Philip Davis signed a US$200 million framework agreement with Afreximbank which aims to develop climate-resilient and trade-enhancing infrastructure. The agreement is expected to support projects in road construction, energy, and economic development. Source: Tribune 242

  • EU and Hispasat partner to strengthen digital connectivity in the Caribbean

    February 28, 2025

    The European Union (EU) has signed a Memorandum of Understanding (MoU) with Hispasat to enhance broadband access and digital sovereignty in the Caribbean. The initiative aligns with the EU-LAC Digital Alliance and offers regional alternatives to external digital investments. Source: EUReporter

  • CAF and Barbados sign US$75 million agreement to boost heritage tourism and infrastructure

    February 28, 2025

    CAF and Barbados have signed a US$75 million agreement to enhance cultural heritage preservation, tourism, and infrastructure modernization under the Reclaiming Our Atlantic Destiny (ROAD) Program. The initiative aims to strengthen Barbados’ historical and cultural connections, supporting national development through heritage tourism. Source: CAF

  • IDB approves US$15 million loan to enhance water and energy sustainability on Rapa Nui

    February 28, 2025

    The Inter-American Development Bank (IDB) has approved a US$15 million loan to improve water and electricity sustainability on Rapa Nui (Easter Island), Chile. The program aims to enhance water efficiency, reduce fossil fuel reliance, and strengthen the local utility, SASIPA, benefiting over 3,800 customers and the island’s tourism-dependent economy. Given Rapa Nui’s remote location and […]

  • IDB Invest and JICA launch US$1 billion fund to boost sustainable investment in Latin America

    February 28, 2025

    IDB Invest and JICA have launched the US$1 billion TADAC Fund, JICA’s first private-sector fund with the IDB and its largest in Latin America and the Caribbean, to co-finance sustainable projects and catalyze private investment. The initiative aligns with IDB Invest’s “originate-to-share” model, which promotes collaboration to bridge the region’s financing gap. The fund may […]

  • EU, HDF, and Barbados launch green hydrogen-solar project for stable clean energy

    February 28, 2025

    The EU, Barbados, and HDF Energy have launched the Renewstable Barbados project, a green hydrogen storage initiative integrating solar power to ensure a stable and clean electricity supply. By combining intermittent solar generation with on-site hydrogen storage, the project addresses Barbados’ energy challenges and enhances grid resilience. Source: EC Europa

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