CREF Market News - Page 39 of 90

European Commission approves €40 million for Caribbean sustainable energy
September 26, 2018
The European Commission has just approved the budget for the 11th European Development Fund (EDF) Caribbean Regional Programme. The programme will focus on sustainable energy, marine biodiversity, and enhancing resilience to extreme recurrent natural events. This funding aims to promote environmentally sustainable economic development in the region and build a more unified resilient Caribbean. The […]
Barbados government committed to going green
September 26, 2018
The Barbados government showed further commitment to their goal of being a 100% green and carbon neutral island by 2030 by taking tangible steps to promote sustainable energy practices within the public sector, as announced by Wilfred Abrahams, Minister of Energy and Water Resources. The announcement was made at the installation of the first solar […]
Aruban beach resort named ‘world’s most sustainable’ is now carbon neutral
September 26, 2018
The Bucati & Tara resort was just certified carbon neutral, the first in the Caribbean to receive the distinction. The company reduced their greenhouse gas emissions, and offset remaining emissions with carbon credits through its Vader Piet wind farm. Other sustainable practices include offering reusable water canteens to guests, reducing food waste, and providing energy […]
International mission visits Dominican Republic’s first solar plant
September 20, 2018
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 […]
Strategic partnership update for solar and microgrids in Puerto Rico, USVI
September 20, 2018
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. […]
Guyana and Trinidad and Tobago to share details of energy agreement
September 20, 2018
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 […]
Guyana Energy Ministry unlikely before 2020
September 20, 2018
President David Granger announced that his plans for a Ministry of Energy may not be realised before 2020. The recently established Department of Energy would be responsible for preparing the transition to a fully-fledged ministry. Once the ministry is established, it will be tasked with regulation and monitoring of Guyana’s energy sector. Source
Cayman Islands look to electric vehicles to achieve renewables targets
September 20, 2018
The Cayman Islands’ National Energy Policy aims to achieve a target of 70% renewable energy by 2037. Infrastructure Minister, Mr Joey Hew, is optimistic this target will be met, helped by the small steps the government is making to promote and use the renewable energy sources in and around the islands. The latest policy aims […]
Antigua and Barbuda green lights the stalled solar and storage project
September 20, 2018
A solar PV and grid-stabilising energy storage facilities project in Antigua and Barbuda will go forward, led jointly by clean energy provider PV Energy, and state-owned utility APUA, and supported by the Citizenship by Investment Unit. The project will help realise the goal of ensuring environmental sustainability in Antigua and Barbuda. The Green Antigua and […]