Dominica to establish company to construct geothermal plant

July 28, 2016

The Government of Dominica has secured the US$46 million to establish a company that will build a 7 MW geothermal plant over a 2 year period. The company will act as a Special Purpose Vehicle (S.P.V) to finance the construction of the plant, which will sell power to DOMLEC – the Dominica power utility. Interest, […]

UKCIF funds to rehabilitate road networks in Antigua-Barbuda and Dominica

July 28, 2016

Plans to rehabilitate the road networks of Antigua and Barbuda, and Dominica are underway via funding from the United Kingdom Caribbean Infrastructure Partnership Fund (UKCIF). A grant for US$245,000 was approved by the Caribbean Development Bank (CDB), to conduct a feasibility study of of road networks in both countries. In Antigua and Barbuda this includes […]

CDB Board Approves Energy-saving Project in Antigua and Barbuda

July 26, 2016

A project aimed at reducing the consumption of fossil fuels in Antigua and Barbuda will be funded by the Caribbean Development Bank (CDB). The Street Light Retrofitting Project will be supported by CDB financing of USD 5.9 million and a contribution of USD 905,000 from the Government of Antigua and Barbuda and the Antigua Public […]

Dominica is CARICOM forerunner in renewable energy use, latest ECLAC report reveals

July 25, 2016

Outcomes from a report by the Economic Commission for Latin America and the Caribbean (ECLAC) show Dominica as the CARICOM member that consumes the largest portion of its energy from renewable sources. The 2008 global financial crisis, and its aftershocks, incentivized the Caribbean island to pursue sustainable energy strategies that reduce dependence on fossil fuels […]

Investors’ neglect of small-scale renewables threatens universal energy access

July 25, 2016

Small-scale renewable energy projects are crucial to meeting the goal of universal access to electricity and clean cooking facilities by 2030, but too many investors are relying on utility scale projects because of the lower risk. Traditional climate financing is not working a decentralized projects are “just not bankable”, says Neha Rai, senior researcher at […]

IDB to invest in geothermal energy exploration in Nicaragua

July 22, 2016

In Nicaragua, the IDB will invest in a project for the exploration and certification of geothermal reserves. The development bank stated the purpose of the project as promotion of renewable energy alternatives and foreign investment in the country. Public and private partnerships are expected to result from this endeavor to consolidate the renewable energy sector; […]

St Kitts-Nevis making substantial advances on the energy front

July 22, 2016

St. Kitts and Nevis is taking strides to become the “first green country in the world”, said Prime Minister Dr. Timothy Harris at a recent geothermal forum organized by OECS and CARICOM. A power purchase agreement (PPA) has been completed and the Ministry of energy expects to have 5 MW of power being generated by […]

New wind farm in the cards for St Lucy

July 22, 2016

Despite initial setbacks, a new 12 MW wind farm will soon begin construction in St. Lucia. Although the grid can presently accommodate 45 MW and the Renewable Energy Rider (RER) program has not reached full capacity, progress is slow as feasibility studies are carried out. Barbados Light & Power Company (BL&P) will construct the wind […]

Green climate fund approves loan for 143 MW solar project in Chile

July 22, 2016

The South Korea-based Green Climate Fund approved a loan for a large-scale PV project in Northern Chile. The site will have an initial capacity of 143 MW, though future expansion could put total capacity at 250MW. Project implementation will be done by Sonnedix, a US-based company. While Chile’s government has taken measures to attract renewable […]