Author Archives: newenergyadmin

Barbados’ Minister emphasises importance of education in developing green energy innovation

Barbados’ Minister of Energy and Water Resources Wilfred Abrahams addressed attendees of the Sixth international Conference on Higher Education and emphasised the importance of utilising graduates’ skills to help Barbados’ reach its goal of 100% renewable energy by 2030. The role of education, he noted, is essential in developing a culture of practical research and […]

CDB will supply funding for energy project in Dominica

The Caribbean Development Bank (CDB) announced it would be supporting Dominica in its aim to reduce energy costs and incorporate renewable energy and efficiency solutions in the country’s public sector. The programme’s first step will include conducting energy audits on public buildings and facilities. The long-term goal is to provide blended resources to address energy […]

OPIC will supply loan for Honduran 35MW geothermal power plant

The 35MW Platanares geothermal plant development in Honduras will move forward with financing from the Overseas Private Investment Corporation (OPIC). OPIC, the U.S. government’s development finance institution, will be the sole lender. Ormat Technologies Inc. announced its subsidiary had completed the financial closing of the project. “OPIC’s longstanding partnership with Ormat is helping bring needed […]

Solar PV/ Battery hybrid power plant in Barbuda to receive funding from New Zealand

A renewable energy power plant in Barbuda will receive funding from the New Zealand government with the wider aim of supporting the re-development of the island. New Zealand Ambassador Anton Ojala announced that Auckland would provide half a million USD for the UAE Power Station and Solar PV/ Battery Hybrid Plant in Cardington after meeting […]

Germany will open office in Cuba for the promotion of investment and economic exchange

The office for the promotion of trade and investment will be inaugurated by German officials in Cuba next week. This office will serve as an information hub for German and Cuban businesses to remain updated about investment opportunities and offers on the Caribbean island. The larger aim of the project is to promote economic exchange […]

Geothermal project in Montserrat secures funding for next phase

The United Kingdom Department for International Development (DFID) will source the funding for specialist and technical expertise for the ongoing geothermal project on the British Overseas Territory of Montserrat. Montserrat, part of the Leeward Islands, is known for its volcanic activity, a resource it has turned to its advantage through the development of this geothermal […]

CREF By the Numbers: 500+ delegates, 25 Caribbean countries

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

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

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 […]