Santo Domingo, Dominican Republic, 7 October 2026
The Global Renewables Alliance (GRA) and Latin American and Caribbean Energy Organisation (OLACDE) signed a memorandum of understanding to accelerate renewable electrification and strengthen regional energy cooperation in Latin America and the Caribbean, at the OLACDE Energy Week conference in Santo Domingo, Dominican Republic. The agreement provides for knowledge sharing, events and the participation of experts in joint initiatives. The partnership covers public policy and regulation, electricity grids, energy storage and investment mobilisation.
Accelerating renewable electrification and contributing to the regional agenda ahead of COP31 are among the topics under discussion at the 11th Energy Week of OLACDE, taking place from 6 to 9 October in Santo Domingo, Dominican Republic. The meeting builds on the discussions at New York Climate Week on clean electrification and the goal of tripling global renewable electricity generation capacity by 2030. Latin America’s leading energy forum brings together officials from OLACDE’s 27 member countries, more than 200 panellists and around 3,000 participants, including representatives of governments, businesses and energy sector organisations.
At the event, the Global Renewables Alliance (GRA) called for electrification to take a central place on the regional energy agenda and help shape the positions that Latin America and the Caribbean will bring to the 31st United Nations Climate Change Conference (COP31) in November. The energy transition is one of the formal pillars of the COP31 Action Agenda, set by the Turkish presidency. GRA is a global alliance focused on renewable energy, bringing together governments, businesses, investors and multilateral organisations.
The electricity mix in Latin America and the Caribbean is already predominantly renewable, but energy use across the wider economy still depends on fossil fuels.
The Caribbean is particularly dependent: fossil fuels account for 97% of primary energy and are mostly imported.
The Global Renewables Alliance (GRA) is a global alliance of renewable energy industry associations. It works with governments, industry, investors and other stakeholders to advance the policies, partnerships and investment needed to accelerate renewable energy deployment in line with the global 3xRenewables target to deliver secure, competitive and resilient energy systems.
Founded by the Global Wind Energy Council, the Global Solar Council, the Green Hydrogen Organisation, the International Geothermal Association, the International Hydropower Association, and the Long Duration Energy Storage Council, GRA provides a unified voice across wind, solar, hydropower, geothermal, green hydrogen, energy storage and grids.
