This call has now closed
To accelerate renewable project financing across Central America and the Caribbean, the International Renewable Energy Agency (IRENA) is inviting renewable energy project developers from both the public and private sectors in the region to submit their project proposals. Selected projects may be considered for funding through IRENA’s Climate Investment Platform (CIP) and Energy Transition Accelerator Financing (ETAF) platform.
This initiative aims to support the ongoing efforts of Central American and Caribbean countries to decarbonise their economies and scale up the use of renewable energy, while ensuring a just energy transition. Eligible projects will benefit from potential access to financing, investment partnerships, and de-risking instruments to help accelerate their implementation.
Eligible Countries:
Antigua and Barbuda, Bahamas, Barbados, Belize, Costa Rica, Cuba, Dominica, Dominican Republic, El Salvador, Guatemala, Grenada, Honduras, Jamaica, Nicaragua, Panama, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Trinidad and Tobago.
Projects Supported:
- Renewable energy power generation projects (on-grid, off-grind, centralized or decentralized distribution)
- Infrastructure projects as part of renewable energy generation projects
- E-Mobility
- Green industrialization projects
- Renewable energy supply chain projects
Eligible Technologies:
Solar PV, solar thermal, wind onshore, wind offshore, hydropower, geothermal, bioenergy, clean transportation, green hydrogen, sargassum to energy.
Climate Investment Platform (CIP)
The CIP is a joint initiative of IRENA, United Nations Development Programme (UNDP), and the Sustainable Energy for All (SEforALL), in collaboration with the Green Climate Fund (GCF). The CIP seeks to enhance capital mobilization and impact investing in renewable energy in developing countries.
Eligibility Criteria for CIP:
- Project supports clean energy transition, national climate action priorities and Sustainable Development Goals.
- Project is beyond the conceptual stage, with pre-feasibility or preliminary studies completed (required to be attached to application)
How to Submit:
- Visit: https://www.irena.org/Energy-Transition/Partnerships/CIP
- Click: “Submit a Project”, complete the form and upload supporting documentation
Energy Transition Accelerator Financing (ETAF) Platform
ETAF provides medium-to-large-scale, investment-ready renewable energy projects with access to a range of financing instruments, totaling USD 4 billion committed by its 15 global financing and de-risking partners.
Eligibility Criteria for ETAF:
- Capital expenditure requirements of at least USD 25 million for private or Public-Private Partnerships (PPPs) and USD 10 million for public sector projects.
- A readiness level that includes a completed feasibility study, grid availability (if applicable), offtake agreements, and financing readiness.
How to Submit: