The Dominican Republic has invested approximately US$1.08 million in two solar microgrid and battery storage projects that have brought electricity to 111 homes and two schools across eight rural communities in Elías Piña. The government is also planning additional rural electrification projects in the province in 2026, including new solar systems and grid extensions. Source: […]
Anguilla Electricity Company (ANGLEC) has secured US$23.73 million in financing from the Caribbean Development Bank for a solar PV and battery energy storage project. The funding will support eligible project contracts as Anguilla expands its renewable energy and storage infrastructure. Source: CariBank
The IDB has transferred a layer of Belize’s hurricane risk to international reinsurance markets through Swiss Re in its first catastrophe swap. The parametric protection runs through May 2028 and provides up to US$20 million in coverage, with rapid payouts triggered by pre-agreed hurricane conditions and capped at US$10 million per policy year. Source: IADB