CREF Market News - Page 20 of 90

Caribbean NGO training citizens to provide safe solar PV installations
November 5, 2021
Green Solutions International SKN Incorporated (GSI), a Caribbean energy company and solar photovoltaic (PV) training provider, is developing the capacity of citizens across the region to provide safe, quality, solar PV installations for residential and commercial clients. Source
Antigua – Barbuda, Tuvalu to seek justice for climate change damage before international courts
November 5, 2021
The prime minister of Antigua and Barbuda – current chair of the Alliance of Small Island States (AOSIS) and the prime minister of Tuvalu today signed an historic accord that opens the way for ground-breaking litigation before international courts. This offers a novel legal path to address the severe damage to Small Island States caused […]
UK, CDB to improve the energy network in Barbuda
November 5, 2021
The Caribbean Development Bank (CDB) approved a grant to reconstruct and rehabilitate the energy network in Barbuda. The project is being funded by the United Kingdom under its aid programme. The CDB-administered grant of GBP 2.85 million will finance the undergrounding of about half of the 16 kilometres electricity network of the island, and provide […]
Foxconn sets sights on making EVs in Latin America, Europe, India
October 27, 2021
Taiwan tech giant Foxconn is looking at making electric vehicles (EVs) in Europe, India and Latin America, including “indirectly” cooperating with German automakers, Chairman Liu Young-way said on Wednesday, Reuters reported. Source
U.S. lawmakers demand answers from LUMA Energy regarding Puerto Rico’s failing electric grid
October 18, 2021
House Democrats in a Friday letter asked the head of Puerto Rico’s electric utility, LUMA Energy, for additional details on staffing levels, expenditures, executive compensation and a stretch of power outages that have occurred since the company took over grid operations from the Puerto Rico Electric Power Authority (PREPA) this summer. Source
The battle for solar power in Puerto Rico
October 18, 2021
Campaigners say rooftop solar and storage system should be rolled out more widely to tackle Puerto Rico’s energy crisis and the global climate emergency – both of which are exacerbating racialized health inequalities, as reported by The Guardian. Source
What the Caribbean Needs from COP26
October 14, 2021
Nowhere in the world needs COP26 to deliver more than the Caribbean. As the effects of climate change accelerate, New Energy asked key figures from across the region to tell us what they hope for, and what the international community needs to do to support the bid for resilience and the energy transition in the […]
Financing pipeline for Caribbean solar projects
October 14, 2021
Soleco Energy looks to secure US$25mn (syndicated amount US$11.1mn, financing amount US$13.9mn) for a portfolio of distributed generation assets in Jamaica for a combined 11.25MWp which will be contracted with commercial and industrial clients through long-term lease contracts in a first phase, as reported by BNA Americas. Source
Caribbean countries to benefit from new IDB energy initiative to be announced at COP26
October 14, 2021
The Inter-American Development Bank (IDB) says it will create a financing instrument dedicated to expanding energy access, supporting energy transition, and protecting the climate in Latin America and the Caribbean (LAC).The financing instrument, which will be formally announced at the UN Climate Change Conference (COP26) to be held in Glasgow next month, will be managed […]