3 Takeaways from the 5th Caribbean Infrastructure Forum

From our Editorial Team

March 31, 2021

Against the backdrop of a post-pandemic recovery, Caribbean stakeholders convened on March 24-25 at the 5th Caribbean Infrastructure Forum (CARIF) around the need – and the opportunity – to finance and build the next generation of economy-boosting, resilient infrastructure. Here’s our three main takeaways. 1. Focus less on bricks & mortar, more on bits & […]

Barbados RF bank completes BBD$14M green energy bond

March 30, 2021

Barbados-based RF Merchant Bank & Trust Limited (RF) announced that it has completed a fund raise of BBD$14M in Green Energy bonds for Williams Renewable Energy Limited  — a wholly owned subsidiary of Williams Caribbean Capital, an entity focused on alternative energy.   Source

Algae cleared from Caribbean beaches can power hotels

March 29, 2021

Y.A. Maof, an Israeli company that works on environmental and waste disposal projects. After a trip in the Dominican Republic, the company found combining the algae found on the beach with organic waste in a biogas facility could enable energy generation. A pilot has been set up to evaluate the impact. Source

The critical need for smart software with energy storage

March 29, 2021

In an interview, Andrew Tang, Vice President of Energy Storage and Optimisation at Wärtsilä Energy, discusses how technology is being used around the world and the Caribbean, and the importance of software for the uptake of energy storage.   Source

First geothermal power plant inaugurated in Colombia

March 29, 2021

Parex Resources Inc., an international oil and gas exploration and development company with headquarters in Calgary, Canada has reached a milestone for the company and Colombia. Source  

Geothermal energy can help Chile decarbonize

March 24, 2021

Chile seeks to capitalize on the potential of geothermal energy, which could generate 3,800MW and accelerate the decarbonization of its energy matrix.   Source

Solar-led renewable energy system could free up 10% of Antigua and Barbuda’s GDP

March 24, 2021

A mix of solar and wind power can help Antigua and Barbuda to an almost-90% renewable energy system, and green hydrogen could then show the path to hitting the national ambition of 100% green power by 2030, and net zero by 2050. Source

MPC Caribbean Clean Energy assessing impact on tariff reduction at its Costa Rican associated company, Tila Wind

March 24, 2021

Jamaica and Trinidad cross listed company MPC Caribbean Clean Energy Limited is now assessing the commercial impact of the Costa Rican light and power company reducing the tariff on energy produced by its associated renewable energy company in that country, Tila Wind Corporatión S A, which trades under the name Tilawind. Source

Enegix Energy to build $5.4 billion green hydrogen facility in Brazil

March 24, 2021

Enegix Energy announces the world’s largest green hydrogen plant to be built in Ceará, Brazil, after signing MoU with the state government. Base One facility will produce more than 600 million kg of green hydrogen annually from 3.4GW of baseload renewable energy. Source