Caribbean Clean Energy Archives

CAF and CDB sign landmark MoU to expand development financing and collaboration in the Caribbean
June 13, 2025
CAF and the CDB have signed a landmark MoU to deepen collaboration and expand development financing across the Caribbean. Signed during the CDB’s 54th Annual Meeting in Brasília, the agreement outlines joint efforts in project financing, technical assistance, policy dialogue, and capacity-building in key sectors such as climate action, energy, water, and infrastructure. Source: CAF
Guyana invests US$4.2 million to expand off-grid solar access in 21 Amerindian villages
May 29, 2025
Guyana has approved a US$4.2 million investment to upgrade solar systems in 21 Amerindian villages across five administrative regions, aiming to expand off-grid renewable energy access. The initiative is expected to benefit around 12,700 residents. Source: PV Magazine LATAM
Virgin Islands Energy office closes US$500,ooo in loans to expand solar access for homeowners
May 29, 2025
The V.I. Energy Office has closed over $500,000 in renewable energy loans through its Solar Plus Financing (SPF) pilot program, enabling 17 homeowners to install solar and battery storage systems with no money down. Source: VI Consortium
Bermuda launches procurement for first offshore wind project to generate 120 MW renewable energy
May 15, 2025
The Regulatory Authority of Bermuda (RA) has launched the procurement process for the island’s first offshore wind project, targeting up to 120 MW of renewable energy. The project will be developed in phases, starting with 60 MW, and will be located off Bermuda’s north shore. To support the project, the RA will commission further studies, […]
Winners of the 2025 CREF Industry Awards Announced, Recognizing Excellence in the Caribbean Energy Transition
May 12, 2025
New Energy Events, organizers of the Caribbean Renewable Energy Forum (CREF), unveiled the winners of the 7th annual CREF Industry Awards at this year’s Forum in Miami. The Awards celebrate innovation, leadership, and impact in advancing the Caribbean’s clean energy transition. This year’s recipients represent a dynamic mix of trailblazing projects, public and private sector […]
Cuba launches construction of 40 solar-powered EV charging stations
April 25, 2025
Cuba has announced the construction of 40 photovoltaic-powered electric vehicle charging stations, starting in Havana, where most of the country’s nearly 50,000 electric vehicles are located. The project, led by state-owned Cimex, will roll out in four stages of 10 stations each. Each station will generate 600 kWh of solar energy daily and store 122 […]
MPC Capital sells stake in Jamaica’s largest solar plant to InterEnergy Group
April 25, 2025
MPC Capital has completed the sale of its 34.4% stake in Paradise Park, Jamaica’s largest solar photovoltaic plant (51 MWp), to InterEnergy Group for $5.9 million. Developed in partnership with Neoen and financed by European development banks, Paradise Park is one of the Caribbean’s most significant renewable energy projects. Source: PV Magazine LATAM
Wärtsilä signs performance-based decarbonization deal with Curaçao utility Aqualectra
April 25, 2025
Wärtsilä has signed a five-year decarbonization services agreement with Curaçao’s utility Aqualectra, tying its payments to outcomes like reduced CO₂ emissions, improved energy reliability, and increased renewable energy use. The deal supports Curaçao’s goal to raise its renewable capacity from 30% to 70% by 2027 and includes the installation of a 38.4 MW grid balancing […]
Grenlec seeks consultants for solar-plus-storage project at Grenada’s international airport
April 10, 2025
Grenada Electricity Services (Grenlec) is seeking consultants to support the development of a solar-plus-storage project at Maurice Bishop International Airport, featuring a 15.1 MW solar farm and a 10.6 MW / 21.2 MWh battery energy storage system. The World Bank and Caribbean Development Bank will co-finance the project. Source: PV Magazine LATAM