August 2017 - New Energy Events

Agenda for Utility Leaders Workshop (ULW) now live!
August 24, 2017
A conference in its own right, ULW 2017 is co-hosted by the Caribbean Development Bank and supported by the Rocky Mountain Institute. Addressing critical issues around procurement, integration and implementation of RE and storage, attendance is complimentary for senior utility executives. View the agenda.
Guyana’s oil boom and how the private sector can catalyze transformation
August 23, 2017
Guest Editorial written by Sally Yearwood, Executive Director of Caribbean Central America Action. The emergence of Guyana as the new frontier for oil and gas exploration has brought the South American nation to the threshold of unprecedented economic expansion. Current estimates of the three wells that have been confirmed thus far suggest that Guyana could be producing 500,000 […]
Haiti to build hybrid solar/wind power plant
August 23, 2017
Earlier this month, Haitian leaders gathered at the construction site of what will be a 160 kW hybrid diesel/wind/solar power plant – a technology first for Haiti. President Jovenel Moïse, accompanied by his Special Energy Advisor, Evenson Calixte, and the Member of Parliament for the constituency, went to the commune of Irois (Department of Grand’Anse), […]
Haiti’s new hybrid solar smart grid is largest in Caribbean
August 23, 2017
Haiti’s new hybrid smart grid project is up and running, and is already providing 450 kW of clean energy to facilities including a school, a hospital and a car repair shop. Together with the Biohaus Foundation, NPH Germany (a local charity organization), will use this hybrid smart-grid to power all of its facilities in the Haitian […]
Geothermal leaders meet in Central America to explore increased geothermal capacity
August 23, 2017
Central American countries are world leaders in terms of installed geothermal energy, but have the potential for 20 times current installed capacity. This geothermal potential could serve as a key tool to low-carbon economic development, according to the International Renewable Energy Agency (IRENA), if regional governments can adopt the policy and regulatory frameworks necessary to […]
New Caribbean Basin Sustainable Energy Fund (CABEF) comes to CREF; seeks projects
August 22, 2017
CABEF, a new venture capital fund that invests in clean energy and energy efficiency projects and companies, has confirmed a strong presence at CREF for 2017. The fund is actively seeking opportunities to deploy and will host a private meeting at CREF for interested project owners and sponsors. CABEF combines investment capital from the Multilateral […]
Mexico and Chile wind farms secure significant project finance
August 21, 2017
In Chile, Aela Energy has obtained US$410mn for two wind farms, while Zuma Energia has borrowed US$600mn for what will be Latin America’s largest wind farm, located in Mexico. Aela Energy is a joint venture between Mainstream Renewable Power and Actis. The project financing will be provided by the Inter-American Development Bank, BTMU, SMBC, Korean […]
Barbados to retrofit 13 government buildings with solar PV
August 21, 2017
The Barbados government is set to begin a $5.5 million solar rooftop project in October. Local developer, Solar Watts Systems, Inc., will retrofit 13 government buildings with solar PV, with the first install at government headquarters. Senator Darcy Boyce, who is the minister for energy, has overseen the agreement, which includes funding from the Inter-American Development […]
Puerto Rico utility to add 240 MW solar
August 21, 2017
By June 2019, Puerto Rico power utility Autoridad de Energia Electrica (AEE) will add 240MW of solar capacity. These plans were revealed in a press conference by AEE director, Ricardo Ramos Rodríguez, who noted that the capacity will be generated by large-scale PV projects built through private investment. All projects are already contracted. A further 300 […]