Caribbean Clean Energy Archives - Page 35 of 48

Hard-hit by COVID-19, Latin America seen skimping on climate cash
June 15, 2021
Latin America is investing too little in a green economic recovery from COVID-19, with only 2% of the region’s stimulus funds being spent on projects that help fight climate change, new data from Oxford University showed. Last year, 33 Latin American and Caribbean nations allocated $318 billion to fiscal and stimulus measures, but the tiny […]
The Caribbean Sea faces dual threat of climate change and overfishing
June 15, 2021
The Caribbean Sea’s blue economy, touted as a sustainable solution to the region’s concerns, could be the Caribbean’s last hope. Global Voices produced an analysis of the region’s marine environment faces a long list of challenges. Source
SDG Index 2021: How did Caribbean countries perform?
June 15, 2021
Released annually, the Sustainable Development Report is a key resource for tracking countries’ progress towards achievement of the SDGs which are part of the 2030 Agenda for Development agreed to by UN Member States, including those in the Caribbean, in 2015. For those Caribbean countries ranked, Cuba was the highest with a rank of 49 […]
How Covid has changed the Caribbean renewable energy business, and how the renewable energy business can help the economic recovery of the Caribbean
June 9, 2021
By: Bruce Levy, President & CEO, BMR Energy The short term economic impact of the Covid-19 pandemic on the Caribbean has been devastating. Affecting governments, businesses and individuals alike, unemployment was – and still is – rife and the recovery will be long and slow. A year ago many of us felt that the impact […]
MPC Energy Solutions invests in cogeneration in Puerto Rico
June 8, 2021
MPC Energy Solutions N.V. has signed the acquisition of a 3.4 MW Combined Heat and Power (CHP) project in Puerto Rico. The project will sell the produced heat and power under a 12-year USD-denominated energy service agreement to an unnamed pharmaceutical company. Source
PM Keith Rowley to Caricom – Increase provision of clean, secure energy
June 8, 2021
Prime Minister Dr. Keith Rowley today said Caribbean Community (Caricom) countries have an opportunity to increase the penetration of natural gas within the Caribbean, which will aid in providing a clean, secure supply of energy to regional countries as they transition away from sources such as coal and heavy fuel oil. Rowley, who is also […]
CAC, Tropical Battery form new energy venture
June 6, 2021
CAC 2000 and Tropical Battery have forged an energy partnership under a joint venture called ENRVATE Limited that will trade in energy-saving solutions in Jamaica and the Caribbean. The company, which was incorporated at the end of April and became operational on June 1, is being led by Steven Marston, who recently gave up his […]
MPC Caribbean Clean Energy buys 33.4MW solar park in Dominican Republic
June 6, 2021
The purchase, which was made on Tuesday, June 1, is expected to be completed by the third quarter of 2021. This is the second solar plant that MPC Caribbean Clean Energy has purchased since the start of the year. Earlier this year, the renewable energy company, which is cross-listed on the Jamaican and Trinidad and […]
Private company takes over Puerto Rico power utility service
June 2, 2021
Luma Energy, a private company, has taken over Puerto Rico’s power authority. The takeover under a 15-year contract coincided with the beginning of the Atlantic hurricane season, with many across Puerto Rico worried about the transition and whether the new company can handle a severe storm. The U.S. territory is still struggling to recover from […]