CREF Market News - Page 47 of 90

Dominica geothermal plant in final stages of price negotiation
February 28, 2018
The government of Dominica is currently in final negotiations with DOMLEC, the power utility of Dominica, on the price of power and the power tariff for the planned geothermal power plant. This power tariff will the determine at what tariff electricity can be made available to Dominica and the consumers. According to Ian Douglas, Minister […]
EU to help Dominica build critical infrastructure, including geothermal
February 22, 2018
Hurricane-ravaged Dominica will receive EUR3.52 million (US$ 4.3 million) from the European Union to help the country rebuild its water infrastructure. This assistance is part of a larger package of EUR8.9 million (US$11 million) to rebuild Dominica following damage from Hurricane Irma. The EU is also assisting the government establish a legal framework for geothermal development. A […]
Barbados launches energy modernization programme
February 20, 2018
Barbados has officially launched its energy programme to drive investment towards renewable energy and modern natural gas infrastructure. The project is being funded through a US$34 million loan from the Inter-American Development Bank (IDB). Senator Darcy Boyce, Minister of Energy for Barbados, said the programme formed part of the island’s thrust towards becoming one of the […]
Cuba plans to switch on 4.4 MW solar farm in March
February 14, 2018
In 2017, Cuba installed 32 MW of new solar PV bringing the current total is 65 MW, but in March the nunber will rise yet again, with the planned inauguration of a 4.4 MW solar farm. The solar project is nearly completed in the province of Sancti Spíritus. The project required an investment of 12 […]
Aruba releases RFI for sustainable waste management
February 14, 2018
Seeking a national transition to sustainable waste management, the Government of Aruba is actively requesting solutions from the public. Aruba’s objective is to process waste sources so that products can be recovered, and remaining waste will be treated with environmentally friendly methods – a version of a circular economy. For more information regarding this […]
Bahamas energy company forms strategic solar partnership
February 13, 2018
Global Energy Solutions last week signed a Memorandum of Understanding (MOU) for a clean energy technical partnership with Orlando-based Sybac Solar, a utility scale PV project developer. The Bahamian company was one of three first-round funding recipients from the Bahamas Striping Group’s investment arm, The Investment Group. The partnership with Sybac will provide Global Energy […]
Solar warehouse opens in Puerto Rico
February 13, 2018
After two decades in Puerto Rico, solar company altE is now operating a local warehouse in Puerto Rico in an effort to reduce the time to deliver solar equipment to island residents and solar installers from weeks to sometimes only hours. The warehouse facility on the island allows altE to handle the shipping logistics and […]
Progress for ocean thermal USVI pilot project
February 13, 2018
Ocean Thermal Energy Corp, or OTE, has finished the first draft of the master plan for a renewables-powered EcoVillage in the US Virgin Islands. Lancaster, Pennsylvania-based OTE designs and develops deep-water hydrothermal clean energy systems that generate renewable power through Ocean Thermal Energy Conversion (OTEC). The company has clearance to build an OTEC pilot project on […]
Caribbean Renewable Energy: Five Projects We’re Watching in 2018

From our Editorial Team
February 1, 2018
St. Lucia solar project site, Image credit: Rocky Mountain Institute The market for renewables in the Caribbean is taking off. Why? Utilities are leading the charge, new pots of grant funding and low-cost capital are easing financial barriers, batteries are coming online to mitigate increased intermittency, and renewables are in many cases cheaper than the alternative. The […]