CREF Market News - Page 54 of 90

Jamaica considers waste-to-energy program
June 9, 2017
Jamaica is getting closer to determining its options for waste-to-energy, with an aim to embark on a program by the end of 2017. Prime Minister Andrew Holness announced that the government is far advanced in examining options for waste-to-energy solutions. “The government has commissioned an enterprise team to look at waste disposal in Jamaica, from a […]
Moïse Poised to Modernize Rural Haiti with Clean Energy
June 8, 2017
Guest Editorial, written by Allison Archambault, President of EarthSpark International The Haitian countryside is beautiful and full of potential. The lack of electricity, however, is debilitating. Haiti’s new President, Jovenel Moïse, has announced that he will prioritize the issue of electricity during his tenure. Making good on his statements around rural electrification would make Moïse […]
4.4 MW solar PV project underway in Cuba
June 7, 2017
Work has started on the first large scale PV plant in the Cuban province of Sancti Spíritus, as announced by power utility, Empresa Eléctrica (EE). Radio Havana Cuba, the official government-operated international broadcasting station, said the solar plant will have a capacity of 4.4 MW and will be connected to the local electric grid, Sistema […]
Renewable energy index highlights investor opportunities in Caribbean basin
June 7, 2017
Panama, Guatemala and Jamaica top the list of the Caribbean Basin Renewable Energy Investment Index, just released this week. Released by Pan American Finance, the index measures investment potential in the region, highlighting opportunities for investors.“The interest in renewable energy-specific investments in the Caribbean and Latin America has grown considerably in the past few years,” said […]
Bahamas adds electric vehicles to government fleet
June 6, 2017
The Bahamas Government has acquired eight 100% electric Nissan LEAFs from Easy Car Sales, the first and only distributor of 100% electric cars on the island. This demonstrates The Bahamas progress in creating a sustainable energy matrix, similar to public energy initiatives in Barbados and other countries throughout the Caribbean. According to Ms. Pia Farmer, […]
Cayman will begin operations at 5MW solar facility this month
June 6, 2017
Grand Cayman’s power provider is just a few weeks away from officially opening Cayman’s first ever solar farm. Caribbean Utilities Company (CUC) said in a statement today that it has started testing the facility in Bodden Town. Commissioned in partnership with solar project developer Entropy, the renewable energy 5MW facility is expected to generate enough […]
Microgrids in the Caribbean: Nothing micro about the opportunity
May 25, 2017
Guest Editorial, written by Kaitlyn Bunker, Ph.D., Rocky Mountain Institute – Carbon War Room Energy systems around the world are witnessing a shift towards smaller, more sustainable, and more accessible electricity generation and connection options. Microgrids are at the center of this fundamental change, bringing new and innovative business models to the traditional energy model. […]
WEB Aruba N.V.’s ‘Sunrise Solar Park’ gets a ‘green light’ for initiation
May 25, 2017
The island of Aruba is preparing for what will be one of the largest solar parks constructed to date in the Caribbean, according to the C.E.O – C.O.O of WEB Aruba N.V., Mr. Luis Oduber. WEB Aruba N.V. and Spanish company, ISOTRON have partnered up to make this project a reality and officially marked the […]
CDB-EIB sign $110m financing package to support climate adaptation and mitigation projects in Caribbean
May 25, 2017
The European Investment Bank (EIB) and Caribbean Development Bank (CDB) have signed an agreement providing USD $110m low-cost financing to support investment projects in the Caribbean under CDB’s climate action policy. Eligible projects include investments in climate change mitigation, adaptation and resilience projects in renewable energy and energy efficiency, and infrastructure that reduces greenhouse gas […]