This week Guatemala launched a national energy plan that aims to reduce emissions of greenhouse gases in the country by 29.2% by 2032. Prepared by the Ministry of Energy and Mines (MEM), the plan has the goal to acheive reductions through the promotion of renewable energy and energy efficiency. According to the Minister of Energy, […]
On Friday New Fortress Energy and Jamalco broke ground for the construction of a 94 megawatt US$265 million (J$33.3 billion) liquefied natural gas-fueled combined heat and power plant at Jamalco’s Halse Hall headquarters in Clarendon. New Fortress Energy will invest $1 billion in Jamaica over the next several years, for this project with an estimated […]
Caribbean leaders gathered at the One Planet Summit this week announced a new coalition of global organizations to drive investment towards climate resilient infrastructure. The Caribbean Climate-Smart Coalition aims to find a way to break through the systemic obstacles that stop finance flowing to climate-smart investments. Participating organizations include the Inter-American Development Bank, the World […]
On Wednesday, December 13, a groundbreaking ceremony will be held for the 37 MW solar energy project in Paradise Park, Westmoreland, Jamaica. The project is estimated to cost $60m and should be commissioned within a year. The project is being developed by French energy producer, Neoen, alongside Rekamniar Frontier Ventures and MPC Capital. Angella Rainford, […]
Two Dutch Caribbean islands have launched tenders for solar projects. Curaçao’s power utility Aqualectra issued a tender for the construction of a solar project with a capacity of 10 – 15 MW. The utility Saba Electric Company, the provider of power for Saba Island, released a tender for a 1 MW solar park with 1.5 […]
The EU will contribute 12m EUR to the Geothermal Risk Mitigation Programme for the Eastern Caribbean. Through this program, five countries are eligible to receive assistance for development of geothermal energy up to 60 MW, including: Dominica, Grenada, St. Kitts and Nevis, Saint Lucia, and St. Vincent and the Grenadines. The €12 million in grant funding […]
Jamaica is taking strides towards energy efficiency, and a recent injection of $15m into the program will provide training to energy management staff, retrofit LED lighting, and lower vehicle fuel consumption, among other components. The $15m loan comes from the Japanese International Cooperation Agency (JICA), and is part of a joint $30m loan with the […]
The Economic Commission for Latin America and the Caribbean (ECLAC) is noting the progress made in energy efficiency by a majority of Latin American countries. In Central America, Guatemala, El Salvador, and Nicaragua have all drafted bills to regulate energy efficiency. Costa Rica has the oldest law in the region, in force since 1994. Nineteen […]
Fourth quarter financial reports disclose that as of September 2017, Cargo Handlers Limited entered into an agreement with liquefied natural gas provider New Fortress Energy (NFE). Based in Montego Bay, Cargo Handlers provides stevedoring and petroleum haulage services. Essentially, Cargo Handlers has become a transportation provider of New Fortress Energy for the delivery of LNG, said […]