Bahamas - Page 2 of 5 - New Energy Events

The Bahamas will invest US$14.2 million into the installation of a 25 MW battery energy storage system at the Baillou Hill Power Plant, along with other projects
August 24, 2022
According to Philip Davis, the Prime Minister of the Bahamas, the government will invest US$14.2 million into the installation of a 25 MW battery energy storage system at the Baillou Hill Power Plant. They also plan to invest US$35 million into the installation of solar photovoltaic systems in the Family Islands, and feasibility studies on […]
Bahamas based digial asset firm GEM Digital Limited invests US$110 million into blockchain-powered renewable energy frontrunner
June 29, 2022
GEM Digital Limited, a digital asset firm based in the Bahamas invested US$110 million in EcoWatt (EWT), a token backed by renewable energy and reforestation projects. Source: Coin Telegraph
The Bahamas successfully places a US$385 million bond into international capital markets
June 15, 2022
The Bahamas successfully places a multi-million dollar blue bond in the international capital markets. The government said the US$385 million dual-tranche debt offering was oversubscribed. Source: Caribbean Loop News
The Bahamas receives USD 9 million to construct two solar microgrids at the University of the Bahamas
April 14, 2022
The University of The Bahamas will construct two solar microgrids on Abaco through a US$9 million non-reimbursable financing agreement facilitated by the European Union Caribbean Investment Facility. Source: The Nassau Guardian
Tourism-Dependent Caribbean sees signs of life on travel uptick
July 2, 2021
Some Caribbean nations are seeing signs of a recovery in tourism after border closures and the Covid-19 pandemic decimated their economies last year. As vaccinations increase and people eye travel, Caribbean nations stand to benefit due to their proximity to the U.S., Senior Director for Fitch Ratings Charles Seville said. Many Caribbean islands have few […]
Solar FlexRack’s mounting technology installed in Bahamas resort island’s solar hybrid microgrid
May 17, 2021
Solar FlexRack, a division of Northern States Metals and an innovative leader in photovoltaic (PV) mounting and solar tracker solutions, announced that its Fixed Tilt FlexRack Series G3-X racking solution is fully operational for Azimuth Energy’s 1.1 MW solar project on Highbourne Cay in the Bahamas. This robust microgrid, which includes the largest PV array operating in […]
IDB Report: Infrastructure crucial for The Bahamas and Caribbean future growth
December 22, 2020
Institutional reforms and investments in infrastructure will be key to foster economic recovery in The Bahamas and the Caribbean region, according to a new report by the Inter-American Development Bank, which warns of challenging times even as the pandemic is expected to subside in 2021. Source
IDB Loans $200M To Aid Business Climate in Bahamas
October 10, 2020
The IDB approved a $200M loan to boost the business climate to would support the Bahamian Blue Economy, which features sea-based industries such as coastal tourism, fisheries and maritime transport. Source
The Bahamas gets a boost for Blue Economy
September 10, 2020
The IDB approved a US$200 million loan to promote the blue economy in The Bahamas. The program scope looks to supporting the Micro, Small and Medium Enterprises (MSMEs) continuity, modernizing the institutional and legal framework to protect the natural resources, and economic diversification. Source