The Global Energy Alliance for People and Planet (GEAPP) and Renewable Energy for Latin America and Caribbean (RELAC) GEAPP team up to launch an initiative that supports RELAC’s goal of increasing renewable energy proportions in the Caribbean to 70% by 2030. Source: Renews Biz
Guyana will promote climate-resilient renewable energy sources as a part of the IDB’s energy matrix diversification. The IDB will provide the island with a non-reimbursable investment financing of up to US$83 million with funds from the Norwegian Agency for Development Cooperation. Source: Caribbean National Weekly
At the Summit of the Americas, the US announced a new initiative – PACC 2030 – to address the climate crisis in the Caribbean. The new initiative will aid in the integration of climate adaptation and resilience and the development of clean energy programs, as well as strengthening energy security. Source: WhiteHouse.gov
Jamaica is pursuing its Vision 2030 development plan by working towards developing innovative investments to strengthen and accelerate the economy. They are looking for sustainable investment products and partnerships that will help drive positive change in Jamaica. Source: Business Wire
At the Summit of the Americas, CABEI and other regional multilateral organizations like the IDB, CAF, and CDB announced they will invest US$50 billion to support climate change action in the LAC region over the next five years. Source: BCIE
The Community Energy Resilience Initiative (CERI) is celebrating its first three microgrid solar and storage systems in Puerto Rico. The microgrids are located at a pharmacy, a nonprofit organization, and a fueling station. Source: RMI
The government of the Dominican Republic has inaugurated the 50 MW solar farm, El Soco. The total investment in the plant was approximately US$90 million. Source: Renewables Now
Dr. Vince Henderson of the Government of Dominica confirmed progress on the first two well pads for a 10 MW geothermal power plant in Laudat. The entire project will take around 18 months to complete. Source: Associate Times
The Barbados Workers’ Union, Barbados National Oil Company Limited, and Emera Caribbean signed an MoU to begin constructing a US$25 million, 10 MW solar plant at Mangrove, St. Philip, within a year. Source: GIS Barbados
