Suriname is advancing toward a more sustainable energy sector, aiming to provide affordable, secure, and clean electricity to its citizens. The Inter-American Development Bank (IDB) has been a key partner, providing technical and financial support to implement some of the country’s most relevant and iconic projects. On February 8th, 2020, the IDB and the Ministry of Finance … [Read more...] about Consolidating a Sustainable Energy Sector in Suriname
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Six reasons why supporting natural gas can put public finances at risk
At the climate summit in Glasgow, UN Secretary-General António Guterres had a blunt message: “The six years since the Paris Climate Agreement have been the six hottest years on record. Our addiction to fossil fuels is pushing humanity to the brink”. To stand a chance of limiting global warming to 1.5°C, the goal that international leaders have set to keep the climate crisis … [Read more...] about Six reasons why supporting natural gas can put public finances at risk
It’s time for solar to get its feet wet
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