Caribbean Clean Energy

New IDB report on gender-smart climate finance and infrastructure in the Caribbean

February 1, 2021

A new report by the IDB  aims to provide an overview of the gender and climate resilience nexus in the Caribbean and provide gender-inclusive recommendations for climate resilience programs in the region.   Source

Meet Joe Biden’s Top Officials on Latin America and the Caribbean

January 29, 2021

President Biden’s cabinet, if confirmed as is, would have four Latinos—tied with Barack Obama’s second cabinet for the most—to helm the departments of Homeland Security, Health and Human Services, Education, and the Small Business Administration. What experience with Latin America and the Caribbean will his cabinet and top advisors bring to the table in the region? […]

COVID-19 and climate change prompt an energy rethink in Trinidad and Tobago

January 26, 2021

The crash of global energy markets amid the COVID-19 pandemic and the growing threat of climate change are providing an impetus for a reevaluation of Trinidad and Tobago’s energy security and a concerted diversification of the nation’s energy mix.   Source

Abu Dhabi Fund to start 2021 with project allocations worth $169 million, earmarks $50 million for Caribbean

January 25, 2021

Abu Dhabi Fund for Development, one of the UAE’s leading financial entities, continued to advance its sustainable development agenda within the country and abroad through clean-energy initiatives. In 2021, approximately $50 million is earmarked with an aim to deliver renewable energy projects across 16 Caribbean Island nations.   Source

2020 Island Resilience Action Challenge: Uniting to define resilience in the face of climate and health threats

January 20, 2021

By: Kimberly Lewis, Lead Fellow, Advanced Energy Group At the tail end of a notably unprecedented and challenging year, Advanced Energy Group (AEG) and New Energy Events (NEE) virtually hosted the Island Resilience Challenge (IRAC). IRAC is a one-of-a-kind annual workshop focused on identifying key barriers to grid resiliency in the Caribbean and determining actionable […]

Puerto Rico awaits first procurements to add 3.75 GW solar, 1.5 GW storage

January 20, 2021

The Puerto Rico Energy Bureau ordered the utility PREPA to issue six procurements in the next 30 months, totaling 3.75 GW of solar and 1.5 GW of four-hour storage, or their equivalents.   Source

France’s island territories get solar-plus-storage at average price below €100/MWh in latest auction

January 14, 2021

The cost of solar energy paired with battery storage on France’s island territories has fallen yet again, as the European country awarded contracts to winning bidders in its latest tender process.   Source

InterEnergy acquires 34-MW wind farm plus pipeline in Dominican Republic

January 12, 2021

Energy solutions provider InterEnergy Group announced the acquisition of the 34-MW Matafongo onshore wind farm plus an under-development project pipeline in the Dominican Republic.   Source

Utility to operate as private company despite Grenada owning majority shares

January 7, 2021

  Grenada’s Finance Minister Gregory Bowen says the light and power company in that Caribbean country, Grenlec, will continue to operate as a private company under the Companies Act, although the government has repurchased the majority shares owned by WRB Enterprises since 1994.   Source