Barbados - New Energy Events

IDB Invest approves $2m credit facility for Caribbean LED Lighting

IDB Invest, a member of the Inter-American Development Bank (IDB) Group, approved a revolving credit facility of up to US$2 million to Caribbean LED Lighting Inc. (CLL) in Barbados. The facility will facilitate access to finance for the private sector, and will be used to expand the operations of the company within the Caribbean region […]
Barbados port moves toward “green maritime hub” with hybrid/electric equipment acquisition

Kalmar, part of Cargotec, has concluded an agreement to supply Barbados Port Inc (Barbados Port) with four fully electric forklifts and two hybrid straddle carriers for use at the Port of Bridgetown. The Port of Bridgetown is a full-service seaport located in Barbados and managed by Barbados Port Inc. Its marine terminal handles all major […]
Barbados to launch biofuels program

Demonstrating its commitment to investing in the Blue Economy, Barbados has announced the launch of a biofuel drive, to come on stream this year. Barbados National Oil Company Limited (BNOCL) Renewable Energy Officer and Advisor to the Minister of the Blue Economy, Mark Hill, made the announcement at a display of the Aquamarine harvester, recently […]
Barbados politicians urge government to direct funds towards renewable energy

With over $270 million to be allocated to capital works expenditure, Barbados Senator Crystal Drakes is urging government to use some of these funds to push job creation in the renewable energy sector. “If you want to engage in an exercise where you have job creation, you need to take some of the $274 million […]
Barbados issues tender for 4.5 MW of solar PV

The Barbados Water Authority is seeking proposals for three PV plants for a total of 4.5 MW of generation capacity plus a 2 MW microturbine. The installations will power pumping stations. Bids can be submitted until March 31. This additional solar energy will contribute to the island’s goal of 29% renewable energy by 2029 and […]
Barbados signs $30m loan for sustainable energy investment program

The Government of Barbados signed two loan deals with the Inter-American Development Bank. Prime Minister Mia Mottley said, “The $30 million USD that we just signed for with the smart energy allows us to be able to leverage renewable energy on many of the Governments properties. The Government of Barbados is spending about $400 million […]
Barbados signs Wartsila to build “Clean Energy Bridge” power plant

The technology group Wärtsilä has won the contract to supply a 33 MW flexible power plant on a fast-track basis to the Barbados Light & Power Company Limited (BLPC), the utility company on the Caribbean island of Barbados. The power plant will be supplied as an Engineering, Procurement and Construction (EPC) project. The project will […]
UNDP awards $15k in ‘blue lab funding’ to four startups

The United Nations Development Programme’s Blue Economy Accelerator Lab in Barbados awarded blue lab funding to four startups doing work related to the Blue Economy. The companies were chosen from among eight candidates, and will receive up to US$15,000 in total funding. Winners included Bio Plastic Creation, which makes biodegradable products from sargassum seaweed and […]
Barbados oil company to diversify offering with renewable energy pilot program

In 2020, an unlikely company will be installing 300 PV systems in Barbados. The Barbados National Oil Company Limited (BNOCL) will install solar PV systems across homes of 300 people within the company, as a pilot project meant to diversify its offerings and make available a renewable energy arm of the company. Chairman of BNOCL, […]