A new post on the IDB Invest blog discusses the case study of INHDELVA, a Kattan Group company and one of the main industrial parks in Honduras, in its transition to low-emission manufacturing.

Manufacturing is one of the main sectors that generates both foreign currency and jobs in Central America, and in particular, the development of industrial parks are essential for the region’s economic growth. Furthermore, developed world markets such as the European Union are beginning to show preference for imports that are less intensive in greenhouse gas emissions.

For this reason, INHDELVA, decided in year 2019 to invest in renewable energy generation in the form of solar panels for use in its industrial buildings, with a capacity of 4MW. IDB Invest has supported INHDELVA in the execution of feasibility studies and evaluation of technical and economic offers for its project. The investment was financed with resources from the SREP program from the Climate Investment Funds (CIF).

Finally, the authors state that quantification of emissions reduction could be demonstrated in international markets, becoming a competitive advantage over other producers with a higher carbon footprint per unit of product.