Nine Caribbean Renewable Energy Trends to Watch in 2020

From our Editorial Team

February 11, 2020

A new decade, a new era for the Caribbean energy market? Correlating the arrival of 2020 with a watershed in the way in which the region operates is, arguably, a fool’s game. What’s undeniable, however, is that if evolution is sometimes slow, sometimes rapid, we are currently in a period characterized by the latter. Change […]

Bahamas “green island” solar farm nears completion

February 7, 2020

The Bahamas solar PV project on Ragged Island, meant to be completed in January 2020, continues to face delays due in part to the after-effects of Hurricane Dorian. The solar panels are now installed, remaining work to be carried out includes building overhead transmission lines, finishing the ground wiring, and installing the energy storage equipment. […]

Dominican Republic installed solar capacity to double this year

February 6, 2020

This year, five solar parks for a combined 206MW are penciled in to begin operations in the Dominican Republic, joining the 163 MW of solar already online. The CNE (national energy commission) just granted provisional concessions for an additional 123 MW of solar energy projects. The developers have 18 months to conduct necessary studies and […]

Report: Investor Interest in Blue Economy is High

February 6, 2020

Responsible Investor, in partnership with Credit Suisse, has issued a report measuring investor sentiment around the Blue Economy. The survey of 328 asset managers and owners across 34 countries sought to gauge conditions for private capital to flow toward Blue Economy initiatives. Results indicate that industry interest is high, with three in four respondents considering […]

PREPA’s Proposed Rate Hike Rejected; Delay Sought on RSA Hearing

February 6, 2020

The Puerto Rico Legislative Assembly recently rejected a measure that would increase electricity rates, as part of the Puerto Rico Electric Power Authority (PREPA) restructuring support agreement (RSA) with the public utility’s bondholders. The rate hike, required under the RSA, could increase electricity costs up to 20 percent over the next five years for all […]