RENAC and IFC to support green banking transformation in LAC region

November 13, 2018

The International Finance Corporation (IFC), a World Bank Group member, and the Renewables Academy AG (RENAC) have signed a cooperation agreement to support green banking in Latin America and the Caribbean. The main aim of the partnership is to work towards greener banks and financial institutions which integrate climate change mitigation and adaptation goals into […]

French private sector shows increased interest in Jamaica’s renewable energy sector

November 13, 2018

Jamaica’s Foreign Affairs and Foreign Trade Minister, Senator Kamina Johnson Smith, emphasised the growing bilateral relations between France and Jamaica, especially in regards to business and investment opportunities. This relationship, said the Minister, is supported by “sincere people-to-people cooperation and exchanges, and increased business interest in Jamaica”. The Minister spoke at ‘A Touch of France’, […]

USD 100m loan deal for renewable projects in Central America

November 12, 2018

The Central American Bank for Economic Integration (CABEI) and the Japanese Bank for International Cooperation (JBIC) have signed an agreement to provide a USD 100 million loan for energy efficiency and renewable energy projects in Central America. This loan aims to strengthen green financing operations, and support projects that generate clean energy, encourage regional development […]

UK-Chinese joint venture to build 50MW of solar in Cuba

November 9, 2018

Hive Energy Ltd and the UK unit of Shanghai Electric Group Co Ltd, SE Energy Investment Co, have set up a joint venture to carry out a 50MW solar project in Cuba. Hive Energy is UK-based solar developer with projects around the globe. SE Energy Investment is the subsidiary of equipment manufacturing conglomerate, Shanghai Electric […]

Amb. Dr. Neil Parsan of Caribbean Climate-Smart Accelerator discusses the role of CREF

November 8, 2018

Amb. Dr. Neil Parsan spoke to us after participating in the session “Towards a Clean & Resilient Grid: New Priorities, New Vision, New Leadership” on Thursday, November 8 at CREF 2018.

CREF 2018 Industry Award Winners Announced!

November 8, 2018

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 8 winners for its second annual CREF Industry Awards. The winners were recognized on stage at the 10th CREF in Miami.  New Energy Events, the organizers of […]

65MW geothermal project in Nicaragua is on track and close to its nameplate capacity

November 8, 2018

In its third quarter results, Polaris infrastructure highlighted the success of its geothermal project, the San Jacinto-Tizate Power Plant in Nicaragua. Polaris Infrastructure, a Toronto-based company, is engaged in the operation, acquisition and development of renewable energy projects in Latin America. The power plant saw a 14% revenue increase from last year, and generation of […]

Barbados government to implement more incentives for electric and green vehicles

November 8, 2018

With over 30% of Barbados’ total energy use utilised by the transportation sector, the Minister of Energy and Water Resources, Mr. Wilfred Abrahams, sees it as a critical sector to develop to successfully reach the country’s 2030 goal of 100% renewable energy. Mr. Abrahams announced his ministry was developing a hybrid/ electric bus programme, and […]

2.35 MW of Solar PV projects start construction under UAE-Caribbean Renewables Fund

November 7, 2018

Solar PV plant projects in the Bahamas, Barbados, and Saint Vincent and the Grenadines have start construction with funding provided by the UAE-Caribbean Renewable Energy Fund. The USD 50 million fund was set up in January, and is expected to support renewable energy projects in more than sixteen countries in the Caribbean, over the next […]