The Caribbean Development Bank has announced that it will co-host the inaugural Blue Economy Caribbean in Miami in November. The conference, which is organized by New Energy Events, is the first meeting designed to gather island and international leaders to explore the potential for the blue economy to transform regional economic development and conserve coastal […]
Reflecting feedback from stakeholders that the Puerto Rico legislature had not yet approved the new regulatory framework, PRMA and New Energy Events recently announced that it would reschedule PR-GRID II to January 28-29. This move will allow for more meaningful discussion, based on the new framework, around opportunities for investment. In addition due to demand […]
The Bermudan Regulatory Authority (BRA) will bring in changes to their method for calculating electricity rates after an initial public consultation. The BRA’s new proposal provides “cost-efficiency incentives alongside the traditional rate-of-return model, to promote affordable electricity prices to end users”, according to their official statement. The draft document has entered the public consultation phase. […]
Enel Chile just opened a ‘Renewables Control Room’ in its corporate offices, which remotely controls all the company’s renewable energy centres, a total of 4.7 GW of installed energy generation capacity. It is the only centre of its kind to integrate four renewable energy technologies: wind, hydroelectric, solar and geothermal. The project, developed over 4 […]
The Hotel Westin Reserva Conchal, in Guanacaste, Costa Rica, now has the largest installation of solar energy for self-consumption in the North Pacific region of the country. Enertiva installed the solar system, made up of more than 1 382 solar panels, which has the capability to provide 463 kWp. This project was developed by the […]
Monte Plata Solar has been operating for 2 years as part of the national energy system, and with a nominal capacity of 30 MW, it supplies energy to 25,000 homes. The plant is also built to withstand the force of a Category 4 hurricane. The projec received its initial funding of $55 million from the […]
EnerDynamic Hybrid Technologies Corp (EHT), CAT5 Solar and Microgrids (CAT5), and Danosa Caribbean Inc. (DCI) have formalised their joint venture agreement, and will distribute EHT panels and OutBack equipment in Puerto Rico and the US Virgin Islands. EHT is a company which delivers intelligent, bankable and sustainable products, with full integration of smart energy solutions. […]
The Overseas Private Investment Corporation (OPIC) approved $895 million to finance seven projects, including plans to expand access to energy, that will advance development in Africa, Asia and Latin America. OPIC is the U.S. Government’s development finance institution. Its current projects include the Northern Triangle, a project in Central America which aims to catalyse $1 […]
Guyana President, Mr. David Granger, announced the soon-to-be-signed Memorandum of Understanding on Energy Sector Cooperation is not a secret document and he would ask for it to be made public. The MOU is “consistent with our rights and obligations within CARICOM, said Mr. Carl Greenidge, Guyana’s Minister of Foreign Affairs, “and in keeping our relationship […]