CREF Market News - New Energy Events

Puerto Rico’s iPR Pharmaceuticals launches US$9.7 million Bio solar park in Canóvanas
November 6, 2025
Puerto Rico’s iPR Pharmaceuticals inaugurated its Bio Solar Park in Canóvanas featuring 3,709 solar panels and a 2 MW battery system, with a US$9.7 million investment. The project generates energy equivalent to about 330 homes and supports the pharmaceutical plant’s operations, which produce medications for export to over 120 countries. The Bio Solar Park builds […]
Guyana inaugurates largest solar-and-storage plant under low carbon development strategy
November 6, 2025
Guyana has inaugurated its largest solar-plus-storage facility, the Onderneeming plant, featuring 5 MWp of solar capacity and 7.5 MWh of battery storage. Funded through the Guyana-Norway forest conservation partnership, the US$10.4 million project increases the Essequibo coast’s power capacity to 22.5 MW. The plant is part of Guyana’s $83.8 million Utility-Scale Solar Photovoltaic (Guysol) Program, […]
Barbados to launch 60 MW battery storage and onshore wind project tenders as part of US$9.5 billion energy transition plan
October 24, 2025
Barbados is moving forward with its national energy policy and resiliency plan, with an RFP for up to 60 MW of battery energy storage systems (BESS) set to be issued by the end of the month, according to Energy Minister Lisa Cummins. The projects will be built, owned, and operated by private developers, alongside plans […]
Martinique to host the Caribbean’s first offshore floating solar project with SolarinBlue partnership
October 9, 2025
The Grand Port Maritime of Martinique has partnered with French developer SolarinBlue to create Soley Blé, the first offshore floating solar project in the Caribbean. Located near the Pointe des Grives terminal in Fort-de-France Bay, the 1–4 MWp project will enhance the port’s energy independence and reduce its carbon footprint as part of Martinique’s broader […]
Montserrat launches tender for 1 MW solar-and-storage project to boost energy resilience
October 9, 2025
Montserrat has launched a tender for the design and construction of a solar-plus-storage project in Shinlands, in the island’s north. The 1 MW solar plant will be paired with a battery energy storage system to enhance grid stability and reduce reliance on fossil fuels. The government is seeking qualified engineering, procurement, and construction firms, with […]
Dominican Republic grants provisional concession for EGE Haina’s 50 MW Los Mangos wind project
September 25, 2025
The Dominican Republic’s National Energy Commission (CNE) has granted a provisional concession for EGE Haina’s proposed 50 MW Los Mangos wind project in Baní, Peravia province. The company has 18 months to complete required studies before seeking a definitive concession, with the project eligible for renewable energy incentives. Source: BNAmericas
Puerto Rico rooftop solar surpasses 1,200 MW, now powering over 10% of island’s electricity needs
September 25, 2025
By June 2025, Puerto Rico reached 1,200 MW of rooftop solar under its net metering program, supplying over 10% of the island’s electricity consumption and generating an estimated 1,800 GWh annually. Rooftop solar capacity has grown fivefold in four years, with most systems paired with batteries that provide backup during outages and may also supply […]
Dominican Republic launches 600 MW solar and wind tender with mandatory storage and dollar PPAs
August 28, 2025
The Dominican Republic has launched its first tender for up to 600 MW of solar and wind capacity with mandatory storage, requiring all projects to include battery systems capable of at least four hours of backup. Winning projects, ranging from 20 MW to 300 MW, will sign long-term dollar-denominated PPAs, giving investors revenue certainty while […]
Guyana installs 4.8 MW of residential photovoltaic systems to expand renewable energy access
July 31, 2025
Guyana’s solar home photovoltaic system project has added 4.8 MW of installed capacity since its launch in July 2023. The initiative aims to expand access to renewable energy in inland and coastal communities not connected to the electricity grid. Source: PV Magazine LATAM