S'abonner

The Northern Triangle: Epicenter of Renewable Energies and Nearshoring

The Northern Triangle (Guatemala, Honduras, El Salvador) is emerging as an energy investment hub, thanks to a recent summit highlighting opportunities in renewable energies and nearshoring.

Share:

Triangle du Nord nearshoring investissements

The Northern Triangle, comprising Guatemala, Honduras and El Salvador, is emerging as a strategic center for investment in renewable energies and nearshoring. These three Central American countries offer unique potential for the development of sustainable energy projects, attracting the attention of international investors and technology companies.
At the recent “Technology and Infrastructure Summit” held in San Salvador on July 17, the HUGE Business & Investment Council highlighted the crucial opportunities offered by these booming sectors. The event, co-organized by the Inter-American Development Bank (IDB), brought together development banks, institutions, government officials and leading companies such as Nokia, Invenergy LLC and COHERSA. The summit aimed to promote investment in renewable energies and the development of the infrastructure needed to support these industries.

Energy potential of the Northern Triangle

Prof. Dr. Juan José Daboub, President of the HUGE Business & Investment Council, emphasized the importance of renewable energies for the region. “The technological and energy revolution offers the Northern Triangle an unprecedented opportunity,” he declared. Edwin Escobar, CEO of Aristos Inmobiliaria, expressed his commitment to the DataTrust project, which includes a sustainable energy component. “We’ve attracted significant interest from international companies ready to invest in renewable energy in El Salvador,” he added.

Key Investments and Partnerships

The summit highlighted a number of strategic projects and partnerships, notably with Invenergy LLC, a world leader in renewable energies, and COHERSA, a local company specializing in hydroelectricity. Tomás Bermúdez, General Manager for the IDB Group in Central America, asserted that “support for energy projects is crucial for the sustainable economic development of El Salvador and the whole region”.

Technology and Infrastructure for a Sustainable Future

Elizabeth Bravo, head of fixed networks for Nokia in Latin America, emphasized the importance of technological infrastructure in supporting energy projects. “Technological development is essential to ensure efficient and sustainable energy infrastructures,” she declared. Technological support will help create more resilient power grids and promote the use of renewable energies.
Advances in renewable energies and technological infrastructure are driving growth in the Northern Triangle, fostering a diversified and resilient economy. HUGE is committed to supporting private sector initiatives that contribute to this vision of sustainable, self-reliant development.

  • Populaires ​
Bomb attack halts operations on Colombia’s Caño Limón-Coveñas oil pipeline
Carbon2Nature and Uría Menéndez launch reforestation of 90 hectares in Salamanca
Occidental Petroleum reduces production in the Gulf of Mexico in the second quarter
Iberdrola secures €2.5bn credit line from 32 international banks
Warsaw seeks EU green light for $49bn nuclear project
Trump mobilises USD92bn in private investment for AI and electricity in the United States
Nearly USD92bn will be invested by major American and international groups in new data centres and energy infrastructure, responding to the surge in electricity demand linked to the rise of artificial intelligence.
Outages in Nouakchott expose weaknesses in Mauritania’s power grid
Nouakchott has endured lengthy power interruptions for several weeks, highlighting the financial and technical limits of the Mauritanian Electricity Company as Mauritania aims to widen access and green its mix by 2030.
Multilateral climate funds redirect energy finance towards emerging markets
Between 2015 and 2024, four multilateral climate funds committed nearly eight bn USD to clean energy, attracting private capital through concessional terms while Africa and Asia absorbed more than half of the volume.
Governments extend their stockpiles to cover 98 % of global oil
The Global Energy Policies Hub shows that strategic reserves, gas obligations, cybersecurity and critical-mineral policies are expanding rapidly, lifting oil coverage to 98 % of world imports.
Chinese trade-in programme cuts air-conditioning bills by $943mn
According to a report by Ember, the Chinese government’s appliance trade-in campaign could double residential air-conditioner efficiency gains in 2025 and trim up to USD943mn from household electricity spending this year.
Washington considers tariffs on solar-grade silicon and drones
Washington is examining sectoral taxes on polysilicon and drones, two supply chains dominated by China, after triggering Section 232 to measure industrial dependency risks.
Terna plans EUR3.5bn investment to modernise Sicily’s electricity grid by 2034
The 2025-2034 development plan presented by Terna includes strengthening Sicily’s grid, new interconnections, and major projects to support the region’s growing renewable energy capacity.
Terna and NPC Ukrenergo sign strategic agreement for European energy integration
Terna and NPC Ukrenergo have concluded a three-year partnership in Rome aimed at strengthening the integration of the Ukrainian grid into the pan-European system, with an in-depth exchange of technological and regulatory expertise.
GE Vernova modernises TransnetBW’s key cross-border power hub in Germany
GE Vernova has secured a major contract to modernise the Kühmoos substation in Germany, enhancing grid reliability and integration capacity for power flows between Germany, France and Switzerland.
Britain anticipates massive surge in electricity demand by 2050
The National Energy System Operator forecasts electricity demand to rise to 785 TWh by 2050, underlining the need to modernise grids and integrate more clean energy to support the UK’s energy transition.
Terna secures €1bn in guarantees with SACE and EIB for Adriatic Link project
Terna has signed a guarantee agreement with SACE and the European Investment Bank to finance the Adriatic Link project, totalling approximately €1bn ($1.08bn) and validated as a major transaction under Italian regulations.
India reforms oil contracts to attract more international investors
India unveils a series of reforms on oil and gas contracts, introducing a fiscal stability clause to enhance the sector’s attractiveness for foreign companies and boost its growth ambitions in upstream energy.
The European Union commits EUR2.3bn to accelerate Ukraine’s energy reconstruction
The European Commission is launching a special fund of EUR2.3bn ($2.5bn) to boost Ukraine’s reconstruction and attract private capital to the energy and infrastructure sectors.
Asia accounts for 71% of new renewable capacity, Africa remains marginalised
Asia dominated global new renewable energy capacity in 2024 with 71% of installations, while Africa recorded limited growth of only 7.2%, according to the latest annual report from IRENA.
Trump law reshapes US energy markets according to Wood Mackenzie
US President Donald Trump's One Big Beautiful Bill Act dramatically changes energy investment rules, imposing restrictions on renewables while favouring hydrocarbons, according to a recent report by consultancy firm Wood Mackenzie.
The French Senate adopts the Gremillet bill for energy transition
On July 8, 2025, the Senate validated the Gremillet bill, aimed at structuring France's energy transition with clear objectives for nuclear power, renewable energies, and energy renovation.
Latin America’s six largest economies accelerate transition to renewables
Brazil, Mexico, Argentina, Colombia, Chile, and Peru significantly increase renewable electricity production, reaching nearly 70% of the regional electricity mix, according to a recent Wood Mackenzie study on Latin America's energy sector.
Canada funds 13 Indigenous energy projects with $40mn investment
The Canadian government announces an investment of more than $40mn to fund 13 energy projects led by Indigenous communities across the country, aiming to improve energy efficiency and increase local renewable energy use.
Germany extends electricity price aid to 2,200 companies
The German Ministry of Economy plans to significantly expand aid aimed at reducing industrial electricity costs, increasing eligible companies from 350 to 2,200, at an estimated cost of €4bn ($4.7bn).
Czech Republic hit by massive power outage disrupting the economy
A major electricity blackout paralyzed large parts of the Czech Republic, interrupting transport and essential networks, raising immediate economic concerns, and highlighting the vulnerability of energy infrastructures to unforeseen technical incidents.

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

© XMARKET PUBLISHING