Caribbean Clean Energy Archives - Page 6 of 47

Egehid launches bidding for 43.26 MWp solar projects in the Dominican Republic
September 26, 2024
The Dominican Republic’s state hydroelectric company Egehid has initiated bidding for two solar projects totaling 43.26 MWp: Sabana Yegua (24.98 MWp) in Azua and Sabaneta (18.28 MWp) in San Juan de la Maguana. The winning bidder will manage the execution, supply, installation, testing, and startup of the projects. Additionally, Egehid has called for further exploration […]
Grenada seeks expressions of interest for 15.1 MW solar project with potential battery storage at Maurice Bishop International Airport
September 12, 2024
The Grenada Utilities Regulatory Commission is inviting expressions of interest for a 15.1 MW solar power project at Maurice Bishop International Airport, potentially including a 10.6 MW/21.2 MWh battery energy storage system (BESS). The selected developer will handle project development, operation, and maintenance for 25 years. Source: PV Magazine LATAM
MPC Capital AG launches an additional 43 MW at solar farm in the DR
September 12, 2024
MPC Capital AG launched an additional 43 MW at the Monte Plata solar farm in the Dominican Republic. The second phase represents a total investment of approximately US$45 million. Source: Renewables Now
IDB Invest and GCF launch Caribbean Net-Zero and Resilient Private Sector Program with US$118.9 million funding
August 1, 2024
IDB Invest, in partnership with the Green Climate Fund (GCF), is launching the Caribbean Net-Zero and Resilient Private Sector Program to promote greenhouse gas emission reductions and climate-resilient investments in the Caribbean. The GCF has approved up to US$118.9 million in funding for this initiative. The program aims to boost private sector investment in climate […]
Barbados to launch BESS procurement to address grid capacity issues and advance solar projects
August 1, 2024
The Barbados Ministry of Energy and Business is hosting a three-day workshop to finalize plans for acquiring Battery Energy Storage Systems (BESS). This is a key step to resolve grid capacity issues and advance stalled solar projects. Source: Business Barbados
DOE loan guarantee to finance Puerto Rico’s largest solar and battery storage project
August 1, 2024
The U.S. Department of Energy has announced an US$861 million loan guarantee to finance 200 MW of solar and 285 MW of grid storage in Puerto Rico. This initiative will support the construction of two solar farms and two stand-alone battery storage systems on the island’s southern coast. The project is led by Flexible Energy […]
IDB Invest considers equity investment in Caribbean community resilience fund
July 19, 2024
IDB Invest is considering an equity investment of up to US$5 million in the Caribbean Community Resilience Fund (CCRF), managed by Sygnus Capital Ltd. The fund targets US$100 million to US$135 million and aims to enhance economic resilience and support climate projects in the Caribbean. Source: IDB Invest
St. Kitts and Nevis launches ‘SKN-100’ project for rapid energy sector decarbonisation
July 19, 2024
St. Kitts and Nevis (SKN) has launched the ‘SKN-100’ project, funded by the Global Environment Facility (GEF), aimed at achieving 100% renewable electricity and high energy efficiency in public buildings within three years. Managed by the United Nations Environment Programme (UNEP) and executed by the Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) in […]
Grenada forms task force to push for climate disaster compensation
July 19, 2024
Grenada is creating a task force to advocate for compensation for damage from climate change-related natural disasters affecting itself and other vulnerable states. Following Hurricane Beryl, Grenadian Prime Minister Dickon Mitchell announced that the government decided in an emergency meeting to have the Ministry of Foreign Affairs and the Ministry of Environment, Climate Resilience, and […]