Overcoming Three Challenges to Unlock the Potential of Green Hydrogen
Several countries in Latin America and the Caribbean have an adequate renewable energy generation capacity, abundant water resources and other favorable conditions to diversify the power generation matrices and decarbonize energy-intensive industrial segments. Breaking down legal, regulatory, financial, technical and market barriers can help them lead the charge on clean energy initiatives.
Honduras, Where Low-Emission Manufacturing is Made Possible
Manufacturing is one of the main money-making, job-creating sectors in Central America. The current prices of renewable energy and the adoption of efficient practices are starting to cut the path towards carbon-low manufacturing, a competitive edge that could lead to export markets.
Green Hydrogen Is Picking Up Speed in Latin America and the Caribbean
Green hydrogen can revolutionize the energy, manufacturing and transportation sectors in the region, making it a global hub of the so-called "energy vector of the future." However, some major challenges to its sustained deployment need to be taken into account.
How Latin America is Leading in the Renewable Energy Space
Bold and immediate action is needed for businesses and economies to leverage the transformative power of the private sector as we strive to meet our net-zero commitments under the Paris Agreement.
How Power Batteries Can Accelerate Decarbonization
There can be no global shift to renewable energy without better storage technology. New solutions such as Battery Energy Storage Systems (BESS) are emerging in the region to help build the business case for coupling this technology with renewables.
Boosting Exports While Reducing Carbon Emissions
In addition to offering various tax, customs, regulatory and other incentives for investors, free zones and industrial parks in Latin America and the Caribbean are increasingly adding another benefit to the mix: a reduced carbon footprint through self-supplied renewable energy for production.