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Caribbean Clean Energy

  • Flash Motors Company Ltd. becomes the first dedicated electric vehicle company in Jamaica

    March 29, 2022

    Xavier Gordon, a mechanical engineer, and Carey Escoffery, a finance professional, launched Jamaica’s first dedicated Electric Vehicle company, Flash Motors Company Ltd. The company will supply a full suite of EVs, EV service equipment, and charging network solutions across the Caribbean. Source: Cayman Loop News

  • The ECCB will complete construction of their solar and storage project by end of 2022

    March 29, 2022

    The Eastern Caribbean Central Bank’s solar power canopy is the biggest solar-power generation system on St Kitts and Nevis. It is also the biggest solar-power system in the Eastern Caribbean operated by any entity other than a power company. Source: Central Banking

  • Jamaica receives proposals for pumped hydroelectric storage project

    March 29, 2022

    Jamaica received local and international proposals to implement a pumped hydroelectric storage project. Reportedly, the power generation could be up to 200MWh annually and could increase Jamaica’s proportion of renewable electricity generation to 50% from 13% today. Source: Energy Storage News

  • IDB issues request for EOI to assist Barbados in structuring a framework for a larger capacity of utility-scale RE and storage

    March 29, 2022

    The IDB issued a request for expressions of interest to assist Barbados in structuring a competitive framework to secure a larger capacity of utility-scale renewable energy and/or storage. The winner will create a procurement process that will include pre-qualification requirements and documents, tender documents, and evaluation criteria. Source: BN Americas 

  • CCREEE launches two data enhancement tools to assist the region in meeting its energy targets

    March 29, 2022

    The Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) launched two data enhancement tools designed to assist the region meet its energy targets. The first, the Caricom Energy Knowledge Hub (CEKH), is a data portal with renewable energy and energy efficiency applications. The second, the Caricom Energy Information System, will support government technical officers […]

  • The Dominican Republic’s Ministry of Mines and Energy signs three PPA’s for 128 MW of solar and biomass projects

    March 17, 2022

    The Dominican Republic’s Ministry of Mines and Energy signed three PPA’s for 128 MW for two solar parks with a combined capacity of 93 MW and one biomass-based project of 35 MW. The overall investment for the plants will be $197 million. Source: Renewables Now

  • IDB issues EOI to help support GPL’s shift to modernize Guyana’s grid

    March 17, 2022

    The IDB issued a call for expressions of interest to help support Guyana Power & Light’s shift towards grid modernization. The efforts include assisting with GPL’s smart grid deployment to incorporate intermittent renewable energy systems. Source: BN Americas

  • Wigton Windfarm Limited acquires 21% stake in Flash Motors Company Limited

    March 17, 2022

    Wigton Windfarm Limited, the energy facility in Jamaica, acquired a 21% stake in Flash, a holding company registered in St. Lucia. The deal also grants them an equivalent share in Flash’s wholly-owned subsidiary Flash Motors Company Limited. Flash Motors plans to sell electric vehicles in Jamaica, Trinidad & Tobago, and Guyana.  Source: Jamaica Gleaner 

  • CAF announces shareholder approval for a capital increase of USD 7 billion

    March 15, 2022

    CAF Development Bank of Latin America announced the approval by shareholders for a capital increase of $7 billion, which will double the organization’s portfolio. The shareholders also approved the incorporation of the Dominican Republic and El Salvador as full members. Source: CAF

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