Bahamas - New Energy Events

Bahamas signs US$200 million agreement with Afreximbank to boost infrastructure and trade
February 28, 2025
Bahamas Prime Minister Philip Davis signed a US$200 million framework agreement with Afreximbank which aims to develop climate-resilient and trade-enhancing infrastructure. The agreement is expected to support projects in road construction, energy, and economic development. Source: Tribune 242
Bahamas announces US$300 million debt-for-nature swap for marine conservation
December 6, 2024
The Bahamas has refinanced US$300 million of its external debt, securing over US$120 million for marine conservation and climate change mitigation projects. This “debt-for-nature” deal, the fifth of its kind globally, was made with The Nature Conservancy, the Inter-American Development Bank, and other financial partners. Source: AP News
Bahamas Prime Minister calls for new partnerships to strengthen aviation in Latin America and the Caribbean
November 7, 2024
Prime Minister Phillip Davis of the Bahamas emphasized the need for new partnerships to shape the future of aviation in Latin America and the Caribbean during the opening of the Latin American & Caribbean Air Transport Association (ALTA) Forum. He highlighted the launch of the Bahamas’ National Aviation Strategic Plan, which aims to build a […]
The Bahamas launches consultation on 5G roadmap
August 29, 2024
The Bahamas has initiated a consultation process on a draft roadmap for 5G deployment, seeking input from market players to address potential regulatory and policy issues. Source: BNAmericas
Fairfield Solar Plant commences operations in Grand Bahama
May 16, 2024
Lucayas Solar Power Ltd celebrated the inauguration of the Fairfield Solar Plant, one of two solar facilities in Grand Bahama. The projectt is financed by IDB Invest and underpinned by a power purchase agreement (PPA) with Grand Bahama Power Company Limited. Source: Caribbean Loop News
Bahamas seeks accountability for climate change
March 28, 2024
The Bahamas has submitted a request to the International Court of Justice (ICJ) to hold countries accountable for climate change. This submission follows the country’s support for a UN Resolution seeking an advisory opinion on states’ obligations regarding climate change. Source: Tribune242
The Bahamas secures US$500 million loan backed by an IDB guarantee
January 19, 2024
The Bahamas has finalized a US$500 million 10-year commercial loan backed by an Inter-American Development Bank (IDB) guarantee. The loan will be used for infrastructure, education, and social welfare projects. Source: EWNews
Bahamas invites global firms to participate in the bidding process for the Family Island New Energy Generation project
December 21, 2023
The Davis administration in the Bahamas is inviting firms to participate in the request for proposal (RFP) bidding process for the Family Island New Energy Generation project. The initiative aims to provide Family Islanders with improved and more affordable electricity through micro-grids, clean fuel, and renewables. Source: The Nassau Guardian
The Bahamas launches EOI to participate in the Bahamas Resilient Infrastructure Fund and the Renewable Energy Fund
July 19, 2023
With the support of the IDB, the Government of the Bahamas is inviting qualified firms and persons to express their interest in participating in the Bahamas Resilient Infrastructure Fund (BRIF) and the Renewable Energy Fund (REF). Source: Dev Business