St Eustatius microgrid to be expanded after successful tests

In March 2016, SMA Sunbelt commissioned a 1.89 MW solar PV and 1 MW/572 kWh Lithium Ion (Li-Ion) battery energy storage system on the Caribbean island of Sint Eustatius. The objective of the retrofitted renewable energy plant was, and is, to reduce the diesel consumption of existing diesel generators on the island, thus generating savings […]

Caribbean and China expand economic cooperation with MOU signing

The Caribbean Development Bank (CDB) and the Export-Import (EXIM) Bank of China have signed a memorandum of understanding (MOU) which will allow both parties to discuss opportunities for cooperation and coordination in CDB’s Borrowing Member Countries (BMCs). The MOU will allow both institutions to explore co-financing options, as well as coordinate development strategies, concepts and […]

Caribbean sustainable energy coordination expected with new regional organization CCREEE

Jamaica is now a signatory to the Agreement establishing the Caribbean Centre for Renewable Energy and Energy Efficiency, CCREEE. Prime Minister Andrew Holness signed the agreement this morning (July 6) ahead of the start of the final day of discussions at the 38th Regular meeting of the Heads of Government of CARICOM in Grand Anse […]

Guyana to install solar PV on over 50 government buildings

After completing a 740 kWp solar installation on the roof of Guyana’s parliament building, the Guyana Energy Agency (GEA) hired the Swiss company meeco Group again to install its sun2roof solution on 57 government-owned buildings. “We are delighted to have achieved the installation of 740 kWp on the roofs of different public buildings such as […]

Dominican Republic identifies 1.8 GW of solar potential and looks to energy storage

The Dominican Republic has theoretically a solar potential of 50 gigawatts, according to a recent study by the International Renewable Energy Agency (IRENA). The executive director of the National Energy Commission (CNE), Juan Rodríguez Nina, has stated, however, that the real potential of the country can reach a maximum of 1.8 gigawatts. “This deviation between the […]

Haiti Government to Introduce Bill Removing Import Duties on RE/EE Equipment

Frantz Duval, a journalist for Haiti newspaper Le Nouvelliste, reports in a recent article that the Haitian government plans to introduce legislation as part of the 2017-2018 Finance Act which will relieve all renewable energy and energy efficiency equipment from import duties. Although details of the Finance Act are yet to be released, this appears […]

Solar and wind prices in Caribbean showing steady decline

The Caribbean renewable energy sector continues to grow as offtakers take advantage of declining prices, the region’s abundance of renewable resources, and ambitious governmental policies that seek to promote the uptake of renewable energy and the phase out of fossil fuel usage. Data for completed utility-scale solar and wind projects in the Caribbean display a […]

Puerto Rico utility PREPA files for bankruptcy

The Puerto Rico power utility PREPA, ladden with a $9 billion debt load, has filed for a form of bankruptcy, Puerto Rico’s primary fiscal agent said on Sunday. The Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF) said PREPA power had filed in the United States District Court of Puerto Rico for protection under […]

MPC Capital moves to region to expand investments in Caribbean basin

German asset and investment manager MPC Capital AG has launched a subsidiary in Panama with the goal of expanding its renewable energy activities throughout the Caribbean Basin region. Based in Panama City, Fernando Zuniga will serve as regional director for MPC Renewables Panama SA for Central America and the Caribbean. Most recently, the German company […]