• Country

        Nicaragua

        The National Energy Policy of Nicaragua establishes a policy framework for the development and exploitation of renewable sources. The law sets the objective of prioritizing the use of renewable energy in the national energy mix and of stabilizing energy prices using renewables.

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        • Country

        Paraguay

        Paraguay established renewable energy targets in its National Development Plan 2014–2030. The country’s goal is to reach 60% of renewable energy in total energy consumption by 2030. By the same year, Paraguay aims to reduce by 20% the share of fossil fuel within its total energy consumption.

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        • Policy

        • Colombia

        • 2022

        World Bank loan for Colombia's energy transition

        The World Bank Board approved USD 1 billion in financing for Colombia to help the country accelerating its energy transition, promoting sustainable land use, and enhance climate resilience and adaptation. The loan has a 20-year term with a three-and-a-half-year grace period. The aid will support a reform program to assist Colombia’s moves to lower its carbon emissions, particularly in the energy and transport sectors. It aims to increase non-conventional renewable energy production output and develop a green hydrogen industry in the country.

        • Policy

        • Honduras

        • 2010

        Free Trade Agreement - Colombia, El Salvador, Guatemala, and Honduras

        The Free Trade Agreement between Colombia, El Salvador, Guatemala, and Honduras entered into force in 2010 in all signatory Parties, providing for full or partial elimination of border tariff on the goods traded between the countries, including: Electric motors, turbines and generators; Mechanical equipment including pumps, appliances, and other advanced machinery; Electric accumulators, transformers, capacitors, batteries; Motor vehicles; Mineral ore, slag and ash; Mineral fuels, oils and other products; Metals and their articles e.g. iron and steel; Semiconductors devices and photovoltaic cells; Rules of origin delineated in the Agreement include provisions preventing goods only undergoing minimal transformations in one…

        • Policy

        • United States

        • 2012

        United States - Colombia Free Trade Agreement

        The United States - Colombia Trade Promotion Agreement provides for the elimination of import tariffs for the following goods, among others :Electric generation equipment Mechanical equipment including pumps, appliances, and other advanced machineryElectric motors, transformers, batteries, and capacitorsMotor vehiclesMineral ore and processed products including manganese, copper, aluminum, and nickelVarious products manufactured using above minerals and metals such as sheets, powders, bars, and platesPhotovoltaic cells (import into Colombia only)The Agreement includes rules of origin notably requiring goods to be wholly produced/manufactured in, and imported directly from one or more of the countries involved. A regional value content requirement is also defined…

        • Country

        Dominican Republic

        Dominican Republic has adopted a law on incentives for the development of renewable energy sources, which aims to increase the diversity of energy sources, reduce dependence on imported fossil fuels and stimulate investment in renewable energy.

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        • Country

        Bolivia

        A quarter of the electricity generated in Bolivia comes from renewables. On the other hand, 12% of the population still does not have access to electricity. The government has launched the Bolivia Electric Plan 2020-2025 to support the expansion of the electricity grid with a strong emphasis on renewables.

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        • Country

        Panama

        Panama's National Energy Plan 2015–2050 outlines long-term strategy for the country’s energy sector development, including renewables. The Plan established that 15% of Panama’s generation capacity will come from renewables by 2030 and 50% by 2050.

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        • Country

        Peru

        Peru’s government identified the development of electricity from renewable energy sources as a public necessity of national interest. The country established a National Renewable Energy Development Plan to be funded by the Annual Budget Law, external debt operations, direct investments and contributions from international institutions.

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        • Country

        South Sudan

        South Sudan is one of Eastern Africa's major oil resource holders but exported more than 85% of its production in 2014. Only 1% of the population had access to electricity in the country in 2017.

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