Carbon - New Energy Events

Costa Rica secures $550 million for electric passenger train
November 18, 2019
The Central American Bank for Economic Integration (CABEI) has approved a US$550 million loan to the government of Costa Rica toward development of an electric passenger train for the Great Metropolitan Area (GAM), running from Cartago to Alajuela. The estimated US$1.3 billion total needed for infrastructure and equipment will be funded via a PPP that […]
$580 million secured for wind & solar plant in Chile
November 18, 2019
Mainstream Renewable Power has raised US$580 million to fund phase-one construction on what will eventually be its 1.3 gigawatt “Andes Renovables” wind and solar power plant in Chile—one of the largest in Latin America. Financing was provided by a consortium of six banks and is one of the region’s largest renewable energy debt financing deals […]
St. Vincent microgrid project accepting bids
April 27, 2017
On Friday, April 21, St. Vincent Electricity Services Limited (VINLEC) and Rocky Mountain Institute and Carbon War Room (RMI-CWR) released a Request for Qualifications for interested parties to submit credentials to bid for the Engineering, Procurement and Construction contract for a solar photovoltaic (PV) and battery storage Microgrid Project on the Grenadine Island of Mayreau. […]
Montserrat renewable energy project signals action by government and local utility
March 28, 2017
On Friday, March 24, the Government of Montserrat through the Ministry of Communications, Works and Labour (MCWL) and Montserrat Utilities Limited (MUL) released a Request for Qualifications for interested parties to qualify for the Engineering, Procurement and Construction for a 1 megawatt (MW) solar photovoltaic (PV) and battery storage project. The solar project is part […]
Costa Rica seeks carbon neutrality by 2021
January 20, 2017
President of Costa Rica, Luis Guillermo Solis, announced during the opening of Abu Dhabi Sustainability Week that the country was aiming to achieve carbon neutrality by 2021. The Central American nation already sources 98 per cent of its electricity from renewables, according to the Costa Rican Electricity Institute (ICE). Costa Rica ran solely on renewable […]
Saint Lucia case study looks to new energy future
November 22, 2016
The Government of Saint Lucia (GoSL), and the national electric utility, LUCELEC, identified a need and an opportunity to improve the resiliency and cost-effectiveness of the electricity sector using the island’s local resources. A national energy strategy (NETS) was developed jointly by GoSL and LUCELEC, based on independent analysis from Rocky Mountain Institute and Carbon War Room (RMI-CWR) […]
Aruba Commits to 100 Percent Renewables
November 22, 2016
Among the islands of the Caribbean, Aruba stands as an example with its commitment to transition to 100 percent renewable energy by 2020. Plans include building new solar and wind farms, converting waste to energy, and working to increase energy efficiency. New strategies for efficiency are being developed to combat the high cost of energy, […]
Proposed new energy strategy for Saint Lucia
November 2, 2016
The Government of St. Lucia (GoSL) has developed a new strategy to address clean energy on the Caribbean Island. A study, along with independent analysis from the Rocky Mountain Institute-Carbon War Room (RMW-CWR), and the Clinton Climate Initiative (CCI), have identified opportunities for new investments and ownership structures to benefit customers. The strategy must have […]
Can carbon trading break the Caribbean free of fossil fuels?
August 18, 2016
CARICOM nations are under pressure to reduce carbon emissions and stem the import of fossil fuels. Carbon trading would provide the credits for lowering verified sources of emissions, an attractive possibility for Trinidad and Tobago which has a largely unregulated oil market and the second-highest carbon emissions per capita in the world. Caribbean reliance on […]