CREF Market News - Page 58 of 91

Cuba: Biomass plant under construction, additional projects seek financing
April 3, 2017
Cuba’s biomass sector is on the rise – the Ciro Redondo biomass plant is finally under construction thanks to an injection of cash from China – but financing remains an issue for the renewable energy sector. The Ciro Redondo plant is being developed by Havana Energy, led by President Andrew Macdonald. “The most challenging thing we […]
Jamaica: Energy efficiency program saves $131 million
March 27, 2017
Minister of Science, Energy and Technology, Dr. the Hon. Andrew Wheatley, says the Government has realised savings of some $131.5 million through the Energy Efficiency and Conservation Programme (EECP). “This is money that can be diverted to other areas, such as social and infrastructural development,” he said. He noted that the programme, being undertaken in […]
Cayman’s first utility scale solar plant to be commissioned next month
March 24, 2017
A previously delayed 5 MW solar project in Cayman has resumed progress and construction will begin next week. The array, abutting Pease Bay Pond on a former vegetable farm, will begin producing 5 megawatts of electricity for the Caribbean Utilities Company by late April, completing a project delayed since October, and launching Cayman’s first industrial experiment […]
Dominican Republic inaugurates 1MW solar facility at airport
March 23, 2017
President Danilo Medina inaugurated a 1MW solar PV plant at a facility at the Las Américas International Airport last week. It is the second PV plant at an airport in the country. The other project, in operation since 2013, is a 1.5 MW PV plant at Cibao Airport. The solar plant was installed at the […]
Grenada receives grant for geothermal development
March 23, 2017
The Board of Directors of the Caribbean Development Bank (CDB) has approved a grant of US $231,630 to the Government of Grenada to build its capacity for planning and implementation of its geothermal energy development roadmap. The resources are from the Global Environment Facility through the Inter-American Development Bank’s Sustainable Energy Facility for the Eastern […]
New CARICOM group to develop regional energy efficiency standards
March 22, 2017
Efforts to standardize energy efficiency in the Caribbean will come to an important juncture next week. A group comprised of nine CARICOM member states will gather in Jamaica for the first meeting of the “regional project team (RPT)” with a mandate to develop regional energy efficiency building codes. The launch and the first face-to-face working meeting […]
USAID brings clean energy training to Caribbean hospitality sector
March 21, 2017
The United States government, through the United States Agency for International Development (USAID) Caribbean Clean Energy Program (CARCEP), is supporting energy efficiency across the region’s hospitality sector with a series of energy efficiency workshops. The second in this series was held in Saint Lucia on March 16-17. The forum attracted a cross section of management, […]
Solar energy coming to Barbuda
March 20, 2017
Antigua and Barbuda is moving closer to its goal of 20 per cent renewables by 2020 with a new 150 kWp solar PV project. Clean energy provider PV Energy Limited will install the PV system in the west of Barbuda, on the Antigua Public Utility Authority’s (APUA) property next to the airport. The grid-connected 150kWp […]
JPS and Eight Rivers PPA signed; 37 MW solar project to begin construction shortly
March 17, 2017
JPS has now signed a Power Purchase Agreement, with Eight Rivers Energy Company, which will be constructing a 37MW Solar Power Plant in Paradise Park Westmoreland later this year. Under the agreement, JPS will be purchasing electricity from the new solar facility for twenty years, to the year 2038. New Energy Events reported on this […]