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Caribbean Clean Energy

  • As South American LNG demand soars, New Fortress secures gas supply through 2027

    July 14, 2021

    New Fortress Energy Inc. (NFE) has reached an agreement for liquefied natural gas (LNG) supply through 2027 for most of its import terminals and power generation facilities. The company has nine import terminals in operation or under development in the Caribbean, Central America, Mexico and South America. It imports LNG in underserved markets where it’s […]

  • Puerto Rico, U.S. Virgin Islands closer to getting $2 billion for electric grid repairs

    July 5, 2021

    The U.S. Department of Housing and Urban Development published a federal register notice for $1.93 billion in electrical grid funding, outlining the rules and regulations governing its use. The money is meant to help the electrical system become more resistant to future storms and climate change, as well as emit less carbon dioxide. It also requires […]

  • Deetken Impact Sustainable Energy Signs Agreements to acquire participation in the Monte Plata Solar power plant in the Dominican Republic

    July 5, 2021

    Impact asset manager Deetken Impact Sustainable Energy (DISE), announces the signing of agreements for the acquisition of the Monte Plata solar power plant in the Dominican Republic. DISE will participate through its two renewable energy Funds, H-REFF (Honduras Renewable Energy Financing Facility) and CABEF (Caribbean Basin Sustainable Energy Fund), that co-invest in Central America and […]

  • ECLAC: Caribbean has right conditions to become renewable energy hub

    July 5, 2021

    The Economic Commission for Latin America and the Caribbean (ECLAC) says the region has all the right conditions to become a renewable energy hub with great potential in green hydrogen. “Several countries in Latin America and the Caribbean have advantages for entering this market because their electricity matrices are relatively clean or are in the […]

  • Integrate Caribbean energy services markets

    June 28, 2021

    Integration of the Caribbean energy services markets could help to make businesses more competitive and reduce costs for project development and hence, eventual prices to consumers. This should be a focus for CARICOM in the implementation of the Single Market and Economy. There has been a lot less emphasis on making sure that energy services are able to be traded […]

  • Barbados

    USAID AND CARICOM Development Fund sign an MOU to strengthen cooperation

    June 22, 2021

    The United States Agency for International Development/Eastern and Southern Caribbean Mission (USAID/ESC) and the CARICOM Development Fund (CDF) signed a Memorandum of Understanding (MOU) on Monday, June 21. The signing of the MOU occurred at the offices of the CDF in Barbados. The MOU provides a broad framework for cooperation between the two organizations and […]

  • Kenesjay Green announces the establishment of Trinidad and Tobago’s hydrogen research collaborative (H2RC)

    June 21, 2021

    Philip Julien, Chairman of Kenesjay Green and Managing Director of NewGen Energy, today shared in his company’s vision for greener energy supply and the rapidly growing global demand for New Carbon-free Green Hydrogen. He also gave insights into the opportunity for T&T to establish itself as a first-mover hydrogen differentiator and to build on the […]

  • Puerto Rico Energy Bureau OKs $1.2B in electrical infrastructure projects

    June 18, 2021

    The Puerto Rico Energy Bureau has approved $1.2 billion to be used for all electrical infrastructure projects included in the Puerto Rico Electric Power Authority’s (PREPA) 10-year infrastructure plan.   Source

  • Dominican Republic inaugurates 120 megawatt solar energy park

    June 17, 2021

    President Luis Abinader inaugurated the largest renewable energy park in the Antilles and another act, the Duarte highway kilometer 58, both works in the province of San Cristóbal. The president’s plan began in Yaguate with the inauguration of the Girasol Solar Park of the electric generation company EGE Haina, built for 100 million US dollars. […]

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