A program to support project development will soon be available for eligible renewable energy projects in Latin America and the Caribbean via the new Sustainable Energy Marketplace. If you are involved in developing, financing or maintaining sustainable energy projects in Latin America and the Caribbean, you are eligible to receive a grant from the IDB. To learn more about the … [Read more...] about Join the New Sustainable Energy Marketplace!
3 Ways to Support Sustainable Energy Development in Latin America and the Caribbean
What is the importance of having a goal of sustainable development specifically dedicated to energy (SDG 7) as part of the United Nations Sustainable Development Goals for 2016 to 2030? Representatives of the Ministries of Energy of 18 countries in Latin America and the Caribbean met in Tarija, Bolivia on October 29, 2015 to discuss exactly this issue and to better understand … [Read more...] about 3 Ways to Support Sustainable Energy Development in Latin America and the Caribbean
Can Solar Energy Reduce Costs for Rural Water Projects?
Several rural water projects in Honduras have proven that investing in solar energy can reduce operating costs by up to 81%. In Honduras, the Inter-American Development Bank recently launched a Rural Water Program, which aims to improve the capacity of existing potable water and basic sanitation in rural communities with less than 2,000 inhabitants. Switching from the power … [Read more...] about Can Solar Energy Reduce Costs for Rural Water Projects?
4 Major Challenges of Regional Interconnection Projects
Latin America has made considerable progress in electrical integration. Recent estimates indicate that in the last 20 years the installed interconnection capacity increased tenfold, from 500 MW in 1995 to 5000 MW in 2014. Note that such achievements have formed part of various regional and global integration strategies in the countries in the region. However, this … [Read more...] about 4 Major Challenges of Regional Interconnection Projects
Why are Hybrid Energy Systems Important for Latin America and the Caribbean?
Latin America and the Caribbean is a region with high potential for renewable energy of all kinds. However, there are still gaps in terms of access to electricity access. Approximately 24 million people still have no electricity access, while others have access with very low quality, particularly in isolated systems. In this context, hybrid systems are a real cost effective … [Read more...] about Why are Hybrid Energy Systems Important for Latin America and the Caribbean?