Countries in the Caribbean are looking to deploy more affordable renewable energy and storage solutions while improving resilience against extreme weather events. The need is particularly pressing for Caribbean islands prone to hurricanes that can sweep away key infrastructure and disrupt energy security and affordability Enter Battery Energy Storage Solutions (BESS), which … [Read more...] about The Future of Energy Storage in the Caribbean
Energy
Transforming Infrastructure for a sustainable hydrogen future in Latin America and the Caribbean
As clean and low-carbon hydrogen projects receive worldwide financing, additional measures could accelerate their development and reduce bottlenecks such as regulatory and infrastructure barriers. Enabling infrastructure is crucial to ease hydrogen project difficulties, while repurposing, reusing, and sharing infrastructure could be beneficial. Investing in repurposing … [Read more...] about Transforming Infrastructure for a sustainable hydrogen future in Latin America and the Caribbean
A Renewable-Energy-Powered Future for Barbados
Electromobility, solar PV penetration, and LED lights are buzzwords associated with the energy sector today. But 12 years ago, that was not the case for many Caribbean countries, a region that has historically relied on fossil fuels to meet its energy needs. This was the case of Barbados, a well-known Caribbean Island because of its beautiful beaches, a favorite … [Read more...] about A Renewable-Energy-Powered Future for Barbados
Digital transformation: empowering the Caribbean, reshaping energy landscapes in Guyana and Suriname
In the ever-evolving world of energy, digitalization emerges as an example of transformation, offering small nations like Guyana and Suriname in the Caribbean an opportunity to fortify their power systems. With the support of the Inter-American Development Bank (IDB), these nations have embarked on groundbreaking journeys towards a more reliable and sustainable energy future. … [Read more...] about Digital transformation: empowering the Caribbean, reshaping energy landscapes in Guyana and Suriname
Energy Transition: A Global Call to Action
Recently, the Inter-American Development Bank (IDB) had the privilege to participate in the International Energy Agency’s 2024 Ministerial Meeting and 50th Anniversary. Co-chaired by France and Ireland, this event convened ministers and energy sector leaders worldwide, reaffirming their dedication to advancing energy security and the clean energy transition to uphold the goal … [Read more...] about Energy Transition: A Global Call to Action