October 2018 - New Energy Events

CREF By the Numbers: 500+ delegates, 25 Caribbean countries
October 31, 2018
CREF 2018 has begun! Over 500 delegates at the largest gathering of the energy market in 2018. 25+ Caribbean countries are represented by their governments, their utilities – in many instances by both. View CREF side events here. View the final agenda here.
St. Maarten resort to build improved solar energy farm
October 31, 2018
The Maho Group, owners and operators of St. Maarten’s Sonesta Resorts, have signed an agreement to install an updated state-of-the-art solar power park. This solar farm project will be led by China Machinery Engineering Corporation’s (CMEC) subsidiary, CMEC Dutch Caribbean. The company has built renewable energy projects around the world, and will supply the most […]
Report asserts economic benefits of renewable energy for Bermuda
October 31, 2018
The new report commissioned by the Bermuda Chamber of Commerce (BCC), ‘Innovation Island’, outlines the opportunities and innovations that lay ahead for Bermuda. The report emphasises the budding role of investments in the renewable energy sector. The report recommends Bermuda present itself as a beta site of the perfect size. A “global innovation island”, said […]
Launch of Blue Tech Challenge to fund Caribbean entrepreneurs with innovative blue economy initiatives
October 30, 2018
Businesses with projects concerning the ocean environment and marine management may receive up to USD 2 million in finding through a new initiative launched by the Inter-American Development Bank (IDB) in partnership with Compete Caribbean. The Blue Tech Challenge is an opportunity for firms using cutting-edge technology to contribute to sustainable management of marine resources. […]
Honduras to have new LNG power engines project soon
October 29, 2018
MAN Energy Solutions has won a contract to set up a combined-heat-and-power plant in Honduras for Progressive Energy, the energy arm of the ElcaTex Group. The role of engineering, procurement and construction for the project will be led by MAN Energy Solutions, and they will also be responsible for construction of the entire plant. Whilst […]
CDB announces USD 106m programme for Bahamas, funding opportunities for individual clean energy projects
October 29, 2018
The Caribbean Development Bank (CDB) has announced it would provide USD 106.5 million to the Bahamas as part of a programme to achieve its medium-term development objectives. Dr. Justin Ram, Director of Economics at the CDB, announced the areas of focus, considered “critical to inclusive growth”, will be “provision of quality climate resilient infrastructure, energy […]
OECS encourages Caribbean women in green innovation
October 26, 2018
The Organisation of Eastern Caribbean States organised a Business Green Innovation Bootcamp in St. Lucia for thirty female entrepreneurs from the Caribbean. The aim of the workshop was to hone the skills necessary to develop and launch an environmentally sustainable business, and to engage women and talented innovators in the building of a clean resilient […]
50 percent renewables in Jamaica: Hot air or full steam ahead?

From our Editorial Team
October 25, 2018
Last week Prime Minister Andrew Holness made headlines when he declared a new national renewable energy goal of 50% by 2030. This increase from the previous target of 30% was announced during the launch ceremony for the installation of solar panels on the Prime Minister’s offices in Kingston, a symbolic energy project which many hope […]
Geothermal projects in LAC region receive USD 15m for exploration and drilling support
October 25, 2018
The Geothermal Development Facility (GDF) for Latin America has awarded USD 15 million to support surface studies and exploratory drilling for seven geothermal projects in Chile, Peru, Nicaragua and Guatemala. It is expected that the funding will catalyse a further USD 1.84 billion in future investment into geothermal development in the Latin American region. The […]