ExxonMobil, Eagle LNG Partners and Crowley sign LNG agreement

July 5, 2017

ExxonMobil, Eagle LNG Partners LLC (Eagle LNG Partners) and Crowley have signed an agreement to collaborate on the development of LNG as a marine fuel. The goal is to establish the storage and technical support necessary to provide safe, reliable LNG delivery for vessel operators bunkering in North America. The three companies signed a Memorandum […]

Solar and wind prices in Caribbean showing steady decline

July 5, 2017

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

July 5, 2017

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

July 5, 2017

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 […]

Cayman’s first solar project starts operations

July 5, 2017

The 5MW solar PV farm started operations in June, marking the first large solar farm for the Cayman Islands.  “This marks the beginning of our large scale renewable energy developments here in the Cayman Islands,” said Councilor of Human Resources, Immigration and Community affairs, Austin Harris, signaling the Government’s intention to move forward on its […]

70 speakers confirmed for CREF 2017!

July 1, 2017

Over 70 speakers are now confirmed for CREF 2017, the largest gathering of the Caribbean energy market. Recent additions to the agenda include Jose Maria Figueres, former President of Costa Rica, Pamela Hill, CEO of Bahamas Power & Light, Dr. Vince Henderson, Dominica’s Ambassador to the United States, and Peter Allen, CEO of Belize’s Ministry […]