Barbados lone Caribbean country to purchase LNG from US

June 27, 2016

Amidst renewable energy growth in the Caribbean, Barbados is the lone country to import LNG from the U.S. According to a United States Department of Energy report, Barbados imported 7, 432 million cubic feet (Mcf) of LNG during the period February 5 to April 29, 2016. The U.S. currently sells LNG to countries such as […]

IIC helps finance 54-MW solar project in Chile

June 27, 2016

More financing will help Chile continue its ascent as a Latin American leader in renewable energy. An A-loan of USD 19.7 million (EUR 17.9m) has been issued by the Inter-American Investment Corporation (IIC), and guaranteed by the Inter-American Development Bank, for the 54 MW Los Loros solar PV project in the Atacama Desert. The IIC […]

German, Mexican state banks sign MOU to promote renewable energy

June 25, 2016

Commitments by development and export banks for financing renewable energy projects in Latin America is growing and Mexico’s National Bank of Foreign Commerce (Bancomext) is next in line. A memorandum of understanding (MOU) for the promotion of renewable energy has been signed between the German Development Bank (KfW) and the Germany International Cooperation Agency (GIZ); […]

Iberdrola negotiates entry into Cuban wind market

June 25, 2016

The Spain-based company plans to install a complex of 100MW of power in the southern province of Holguin, more than 700 kilometers from the capital, La Havana. This would be the largest wind farm in the wind energy sector in Cuba. La firma española pretende instalar un complejo de 100 megavatios de potencia en la provincia […]

Caribbean Hotel & Tourism Association calls upon governments, private sector to create tourism agenda as US House passes Caribbean Strategic Engagement Act

June 24, 2016

The Caribbean Hotel and Tourism Association (CHTA) is thus urging a public-private partnership between Caribbean nations and the U.S. that will strengthen an existing tourism relationship. CEO and Director General of the CHTA and CREF 2016 speaker, Frank Comito, explained, “the tourism ties between the United States and the Caribbean extend well beyond the 14.3 […]

Forbes – Corporate demand for renewable energy could rock the grid

June 23, 2016

The purchasing power of large technology companies and multinationals has the ability to turn the renewables market “on its head”. The problem lies not in demand for green energy, but in the access to supply. In the United States, renewables (including solar, wind, hydropower and biomass) account for about 10 percent of all energy used […]

Peru: GRC member explores geothermal phenomenon in the Amazon

June 23, 2016

Inside the jungle of Peru exists a river known as the “Boiling River”. The river, called Pachitea in the regional Mayantuyacu dialect, is a tributary of the Amazon and has become famous for its warm temperatures, brought about by natural geothermal springs. Or is it so? Old oilfields litter the landscape that the river cuts […]

Pre-CREF Utility Workshop Expanded to Full Day; Preliminary Line-Up Announced

June 22, 2016

The annual Utility Workshop, a cornerstone of CREF’s offering to Caribbean utilities, has been expanded for 2016 to a full day. Taking place over the course of October 17th, topics will include the transition to utility 2.0, grid modernization, energy storage, advanced distributed generation strategies to reduce peakload consumption, and mitigating the impact of changing […]

Preparations under way for drilling and construction at Nevis project

June 21, 2016

Final preparations are underway to build a geothermal facility in Nevis. The coordination is being handled by developer Thermal Energy Partners LLC (TEP) through its affiliate NRE International (NREI), which has begun a series of final design reviews and analysis of utility interconnection. Joining TEP and NREI in the venture are technical teams from Turboden […]