Solar floating photovoltaic (FPV) energy is gaining relevance around the globe. Recently, plants with a capacity of tens and even hundreds of megawatts have been installed in China, and more are planned in India and Southeast Asia. In 2018, the cumulative installed capacity of floating solar panels was 1,000 MW, from which more than 500 MW were installed in the same year. At … [Read more...] about It’s time for solar to get its feet wet
Electrifying the Caribbean: Plugging in Electric Vehicles
May 2021 unplugged many firsts for the Jamaican electric vehicle sector! That month, the utility launched its first public electric vehicle charging facility, and a new market entrant commissioned four additional public charging stations. Barbados, in comparison, has turned into the top user of electric vehicles per capita in the Caribbean, with over 430 EVs on the island’s … [Read more...] about Electrifying the Caribbean: Plugging in Electric Vehicles
Enabling Electricity Regulatory Framework for the Deployment of Electric Vehicles’ Charging Infrastructure
Electric mobility is a technological revolution that can greatly impact the electricity and transportation sectors of Latin America and the Caribbean (LAC). As battery costs continue to decline and business models for deploying electric mobility evolve, electric charging infrastructure will be key to accelerating the energy transition. Energy regulators have a critical role in … [Read more...] about Enabling Electricity Regulatory Framework for the Deployment of Electric Vehicles’ Charging Infrastructure
The road ahead: how the pandemic transformed electricity demand. The path to recovery.
As the number of vaccines rises and vaccinations programs throughout Latin America and the Caribbean (LAC) take up different speeds, the end of the covid pandemic is within sight. From the Energy division in the IDB, we have been tracking the impact the covid transformative effects in LAC’s behaviors and economic activity have on utilities. While the pandemic grew in strength … [Read more...] about The road ahead: how the pandemic transformed electricity demand. The path to recovery.
A global net-zero emissions future: harnessing the strengths of Latin America
The share of non-conventional renewable sources in Latin America and the Caribbean continues to grow steadily. This potential favored by existing natural resources, the implementation of auctions, and the security to invest can ensure a global future with net-zero emissions. Investment in renewable energy capacity in the region grew 43% in 2019 compared to the previous year. … [Read more...] about A global net-zero emissions future: harnessing the strengths of Latin America