Barbados - Page 3 of 10 - New Energy Events

Barbados RF bank completes BBD$14M green energy bond
March 30, 2021
Barbados-based RF Merchant Bank & Trust Limited (RF) announced that it has completed a fund raise of BBD$14M in Green Energy bonds for Williams Renewable Energy Limited — a wholly owned subsidiary of Williams Caribbean Capital, an entity focused on alternative energy. Source
Bajans keen on renewable energy
October 5, 2020
Emera Caribbean Renewables Ltd (ECRL) is reporting an increased interest in renewable energy systems among Barbadians, especially in the last year. Source
Prime Minister Mia Mottley to chair joint World Bank, IMF committee
August 20, 2020
Mia Amor Mottley, Prime Minister, Minister of Finance, Economic Affairs and Investment of Barbados has been nominated to serve as Development Committee Chair, in a joint appointment with Mesdames Azucena Arbeleche, Minister of Economy and Finance of Uruguay. In line with the nomination by the Chairs of the Latin American and the Caribbean Region, the […]
IDB Invest approves $2m credit facility for Caribbean LED Lighting
August 7, 2020
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
June 29, 2020
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
June 12, 2020
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
May 8, 2020
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
March 20, 2020
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
February 13, 2020
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 […]