News - New Energy Events

The Evolving Utility: An Interview with FortisTCI CEO, Ruth Forbes

From our Editorial Team

Following her recent appointment as the new President and CEO of FortisTCI, we sat down with Ruth Forbes to talk about the clean energy transition in the Caribbean, her priorities for the Turks and Caicos utility, and how women can take a bigger role in the energy sector. You joined FortisTCI in 2006, and have […]
Is the time ripe for an expanded geothermal industry in Latin America & the Caribbean?

From our Editorial Team

Teeing up the discussions that will take place at GEOLAC Virtual next week, four household names came together on August 26 for a webinar discussion to assess the prospects for geothermal against the backdrop of a pandemic and fiscal crises across the region. The conclusion? The industry needs to find new ways to market itself […]
Jamaica: Scaling Up Investment in Clean Energy?

From our Editorial Team

Jamaica has committed to generating half of its energy from renewables by 2037 with an overall target of 1664MW. The Ministry of Science, Energy and Technology (MSET) recently announced the completion of the long-awaited Integrated Resource Plan (IRP) and indicated that the country is ready to move on investment plans of 320 MW of wind […]
Is Puerto Rico’s Grid Ready for Hurricane Season?

From our Editorial Team

June 1st marked the opening of Puerto Rico’s hurricane season, but it’s just one of many challenges confronting the island’s electric grid. The year opened with massive earthquakes that shut down the Costa Sur power plant, and then a pandemic upended the market and consumption patterns. Despite, or perhaps because of, these disruptions, the Puerto […]

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Industry Analysis

BP may cut oil supply to Caribbean refinery if it stays idle

In a Reuters exclusive, the Limetree Bay refinery in St. Croix, Virgin Islands, may lose its main supplier of crude, oil major BP, if it isn’t successfully up and running by December, according to two people familiar with the matter. Source
IRENA and CDF partner on energy transition funding for Caribbean islands

IRENA and CDF have signed a Memorandum of Understanding to support a transition from fossil-fuel dependency to a more resilient and sustainable low carbon economic development model in the Caribbean Small Island Developing States (SIDS). Source
USDA awards $632,000 as part of Renewable Energy Program in rural Puerto Rico

The U.S. Department of Agriculture announced Monday it (USDA) is investing over $630,000 on the Rural Energy for America Program in Puerto Rico. Source
Development prospects for Latin America and the Caribbean in a post-COVID-19 world

The United Nations Industrial Development Organization (UNIDO) and the Latin American Network for the study of Learning Systems, Innovation and Skills Construction (LALICS) together organized a webinar to discuss how COVID-19 compromises the region’s ability to fulfill SDGs by 2030. Source
IDB Loans $200M To Aid Business Climate in Bahamas

The IDB approved a $200M loan to boost the business climate to would support the Bahamian Blue Economy, which features sea-based industries such as coastal tourism, fisheries and maritime transport. Source

Webinars

Caribbean Clean Energy: A Reality Check
October 21, 2020
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Can impact investment in clean energy help drive the recovery of the Caribbean?
October 07, 2020
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Caribbean Leaders on Post-Pandemic Opportunities
September 23, 2020
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