Caribbean Clean Energy Archives - Page 25 of 47

The Caribbean Community Climate Change Centre Wins Energy Globe Award
February 15, 2022
The Caribbean Community Climate Change Centre (CCCCC) won the Energy Globe Award at the end of 2021 for its work in transforming the water sector in Barbados. Source: Caribbean National Weekly
Akuo Energy and GAM Capital To Develop 53-MW Matrisol Solar Project in the Dominican Republic
February 11, 2022
The Dominican Republic National Energy Commission (CNE) signed an agreement granting French power producer Akuo Energy and investment fund manager GAM Capital permission to develop the 53-MW Matrisol solar project. Financing will come from Banco Popular Dominicano. Matrisol also has a long-lasting power acquisition agreement (PPA) with Cerveceria Nacional Dominicana, which will help with funding […]
Dominica Discusses Energy Supply Agreements with Martinique
February 9, 2022
The Dominica Geothermal Development Company is finalizing the construction of a geothermal plant that will provide baseload power to the island. Meanwhile, the Government of Dominica discusses supplying geothermal energy to Martinique at what is described as a competitive price. Source: Think Geo Energy
The Puerto Rican Energy Bureau Approves 18 Photovoltaic Energy Projects
February 9, 2022
The Puerto Rican Energy Bureau approved the development of 18 photovoltaic energy storage and distribution projects on the island, with a total capacity of around 844.8 megawatts. Source: ES Noticia (ES)
CREF 2022 Awards for Excellence
February 8, 2022
New Energy, organizers of the Caribbean Renewable Energy Forum (CREF), is pleased to announce the 4th CREF Industry Awards to recognize excellence across clean energy programs and projects in the Caribbean. In recognition of the fact that no awards were made in 2021 the Awards this year will reflect a two-year time span. Awards will […]
U.S. Commits USD 12 Billion to Puerto Rico’s Energy Sector
February 2, 2022
The Biden Administration commits USD 12 billion in federal aid for Puerto Rico’s energy sector to strengthen the outdated electric grid. The US Departments of Energy, Homeland Security, and Housing and Urban Development will sign an agreement to ensure the alignment of federal investments with local policies – with all eyes on the goal of […]
CDB Proposes “Financing Ecosystem” to Support its BMC Economies
February 2, 2022
The Caribbean Development Bank (CDB) considers launching a “financing ecosystem” to support its Borrowing Member Countries (BMCs) economies. The proposal includes SDR-funded resilience bonds for climate financing and other green bonds designed to meet specific Sustainable Development Goals (SDGs). Source: Market Screener
Kenesjay Green Ltd & CREAD Launch the Green Hydrogen Country Assessment for Dominica
January 28, 2022
Kenesjay Green Ltd (KGL), a Trinidad-based company, completing a Green Hydrogen Country Assessment for Dominica. Working alongside the Climate Resilience Execution Agency for Dominica (CREAD), the assessment will help create a plan to utilize Dominica’s geothermal resources and build long-term resilience into the national economy. Source: Fuel Cell Works
IDB Invest Allocates USD 24 Million to Soleco for Solar Photovoltaic Development
January 25, 2022
IDB Invest committed USD 24 million to Soleco Energy (Jamaica) Limited to develop solar photovoltaic plants in Jamaica. The financing will come from a Senior A Loan and other blended finance sources, like the Clean Technology Fund. Source: Soleco Energy