In a recent address at the Co-operative Societies meeting, the Barbados government highlighted the need for a renewable energy cooperative to be established in the country, to allow local ownership of renewable energy projects, among other benefits. The model proposed would allow Barbadians to have a 30 percent stake in all foreign-owned renewable energy, energy […]
Barbados and Trinidad and Tobago have signed an MOU for gas exploration in a shared economic zone. Barbados Prime Minister, Mia Mottley, said the MOU is a commitment to cooperate in energy exploration in the offshore of both territories. “Its only binding feature relates to the confidentiality of the data which we will access, and every […]
CREF 2019 has concluded and what an event we’ve had! We kept you busy this year. Our highlights include the Island Resiliency Action Challenge, the E-Mobility Workshop, the CREF Industry Awards, the Women in Energy Breakfast, the Ministerial Roundtable, the two cocktail receptions, numerous stakeholder meetings, new “Game-Changer” lightning talks, robust exchanges over the course […]
THE BEST IN CARIBBEAN CLEAN ENERGY REVEALED AT CARIBBEAN RENEWABLE ENERGY FORUM The Caribbean Renewable Energy Forum (CREF), the largest annual gathering of the regional clean energy market, today announced nine winners of its third annual CREF Industry Awards. The winners were recognized on stage at the 11th CREF proceedings in Miami. New Energy Events, […]
Re-live some of the highlights of the 2019 Island Resilience Action Challenge (IRAC) by watching the reel below. Bravo to the winning task force who is charged with creating a regional, blended, financial fund for climate-resilient infrastructure! We look forward to supporting you throughout the year.
The 11th Caribbean Renewable Energy Forum (CREF 2019) opens its doors in just over a week but for more than 400 (and counting!) confirmed attendees the rich networking experience begins now. The CREF App is live today enabling all CREF participants to get a head-start on CREF networking and one-on-one meetings. As we enter CREF’s […]
Ecuador’s first geothermal energy plant has started its first phase of construction, with drilling started on the Imbabura site a few days ago. The project is financed by the Japanese government through the Japan International Cooperation Agency. The investment for the construction of the geothermal plant was of USD 250 million. The Electric Corporation of […]
Across the Caribbean Blue Economy market, a patchwork of ventures is emerging, with funding instruments as varied as the projects themselves. And while it’s true that this nascent space is largely untested, and in turn a financial risk, stakeholders see opportunity for innovation. If traditional project finance won’t work, what next? Stakeholders must examine the […]
Neoen, one of the world’s leading renewable energy independent power producers and the majority shareholder in Paradise Park, a 51.5 MWp PV farm based in Westmoreland, Jamaica, together with the solar park’s co-shareholders, Rekamniar Frontier Ventures and MPC Caribbean Clean Energy Fund, is today announcing the energization and commencement of its operations at the plant. […]