Industry Analysis Archives - Page 2 of 151

Turks and Caicos signs MOU, plans to accelerate clean energy transition

The government of the Turks and Caicos Islands, utility FortisTCI and the non-profit Clinton Foundation inked a memorandum of understanding (MoU) on Wednesday to kick off the initiatives in the country’s new energy transition strategy. The Resilient National Energy Transition Strategy covers the period between 2019 and 2040 and was authored by the Ministry of […]
Barbados pursues renewable energy cooperative

In a recent address at the Co-operative Societies meeting, the Barbados government highlighted the need for a renewable energy cooperative to be established in the country, to allow local ownership of renewable energy projects, among other benefits. The model proposed would allow Barbadians to have a 30 percent stake in all foreign-owned renewable energy, energy […]
Barbados and Trinidad sign gas exploration agreement

Barbados and Trinidad and Tobago have signed an MOU for gas exploration in a shared economic zone. Barbados Prime Minister, Mia Mottley, said the MOU is a commitment to cooperate in energy exploration in the offshore of both territories. “Its only binding feature relates to the confidentiality of the data which we will access, and every […]
Drilling starts for Ecuador’s first geothermal energy plant

Ecuador’s first geothermal energy plant has started its first phase of construction, with drilling started on the Imbabura site a few days ago. The project is financed by the Japanese government through the Japan International Cooperation Agency. The investment for the construction of the geothermal plant was of USD 250 million. The Electric Corporation of […]
Jamaica’s 51.5 MW Paradise Park solar project begins operations

Neoen, one of the world’s leading renewable energy independent power producers and the majority shareholder in Paradise Park, a 51.5 MWp PV farm based in Westmoreland, Jamaica, together with the solar park’s co-shareholders, Rekamniar Frontier Ventures and MPC Caribbean Clean Energy Fund, is today announcing the energization and commencement of its operations at the plant. […]
Jamaica selects bidder for Schools Energy Efficiency and Solar project

A new energy efficiency and solar energy project – expected to reduce the electricity cost to pulbic schools by up to 70 per cent – is one step closer to coming online. A bidder has been selected for the Schools Energy Efficiency and Solar Energy Public-Private Partnership pilot project, and is now awaiting final approval […]
Barbados lays out “ambitious but doable” renewables roadmap to 2030

Barbados is gearing up for big policy changes to enable renewable energy growth. The push towards making Barbados into a green energy nation in the next decade, took a major step today with the Prime Minister laying out an “ambitious” but “doable” road map to the 2030 goal, according to key observers who gave cautious […]
Jamaica’s net billing program sees continued growth

Jamaica’s net billing facility is growing – signifying a successful growth sector for renewables on the island. Since the 2012 program launch, there are now a total of 800 licenses for net billing that have been issued to power suppliers – seventy since the beginning of 2019. Minister of Science, Energy and Technology Fayval Williams […]
Offshore drilling in Mexico will explore geothermal potential

A research vessel will be drilling off Guaymas, in the Gulf of California Mexico, to collect insights on the region’s geology and investigate its geothermal potential. The JOIDES Resolution, with team of thirty-three scientists will undertake this project. This drilling and data collection is part of the International Ocean Discovery Program’s marine research initiative. “We’re going […]