Caribbean Infrastructure News

January 19, 2024

The Bahamas secures US$500 million loan backed by an IDB guarantee

The Bahamas has finalized a US$500 million 10-year commercial loan backed by an Inter-American Development Bank (IDB) guarantee. The loan will be used…

January 4, 2024

Construction starts on the first major solar-plus-storage project in the Dominican Republic

The Dominican Republic’s CNE began construction on the first major solar-plus-storage project in the country, which includes a 24.8MW battery energy…

January 4, 2024

MPC Caribbean Clean Energy Limited closes financing agreement for solar plant project in the Dominican Republic

MPC Caribbean Clean Energy Limited closed the financing of Phase II of its 42 MW solar PV plant in the DR, now underway. Source: Jamaica Observer

December 21, 2023

US technology giant, Honeywell, is set to supply battery energy storage systems (BESS) to six solar farms in US Virgin Islands

Honeywell International Inc was selected to provide battery energy storage systems (BESS) to a 140MW DC portfolio of six solar farms located in the US…

December 21, 2023

Bahamas invites global firms to participate in the bidding process for the Family Island New Energy Generation project

The Davis administration in the Bahamas is inviting firms to participate in the request for proposal (RFP) bidding process for the Family Island New…

December 21, 2023

The World Bank invests US$225 million into new project in the Dominican Republic

The World Bank has approved a new project in the Dominican Republic aimed at enhancing the electricity sector and reducing high distribution losses.…

December 7, 2023

The government of Barbados recruits IFC as the lead transaction adviser for its first utility-scale onshore wind farm project

The government of Barbados has chosen the International Finance Corporation (IFC) as the lead transaction adviser for its first utility-scale onshore…

December 7, 2023

Leclanche secures a 25-year PPA in Saint Kitts and Nevis to develop the largest solar-plus-storage complex in the Caribbean

Leclanche has secured a 25-year power purchase agreement (PPA) for a 35.7 MW solar park with an integrated battery in Saint Kitts and Nevis. Located…

December 7, 2023

JPS puts out tenders for three renewable energy plants totaling 300 MW

In an effort to add 300 MW of renewable energy to the national electricity grid, JPS put out tenders seeking engineering and construction proposals…