Caribbean Clean Energy - Page 5 of 18

Barbados pushes for wind energy expansion with IFC partnership
May 31, 2024
The Government of Barbados is collaborating with the International Finance Corporation (IFC) to increase its onshore wind generation capacity, aiming to mitigate climate change impacts and diversify its energy mix while reducing long-term energy costs. Source: St. Vincent Times
Sygnus launches US$135 million Caribbean Community Resilience Fund (CCRF) in Jamaica
May 31, 2024
Sygnus launched a US$135 million Caribbean Community Resilience Fund (CCRF) in Jamaica last week. The CCRF is a 10-year impact investment fund with the possibility of two one-year extensions. It targets critical sectors such as renewable energy, blue economy, sustainable housing, ICT, transport, financial services, and climate-smart agriculture. Source: Jamaica Loop News
Acciona Energia develops 63.35 MW solar project in the DR
May 31, 2024
Acciona Energia, in partnership with Grupo Pais, is developing a 63.35 MW solar project in the Dominican Republic. The Pedro Corto plant, expected to be operational by the end of 2025, will generate 189.07 GWh annually. Source: Renewables Now
Fairfield Solar Plant commences operations in Grand Bahama
May 16, 2024
Lucayas Solar Power Ltd celebrated the inauguration of the Fairfield Solar Plant, one of two solar facilities in Grand Bahama. The projectt is financed by IDB Invest and underpinned by a power purchase agreement (PPA) with Grand Bahama Power Company Limited. Source: Caribbean Loop News
Sunrun develops Virtual Power Plant (VPP) program called PowerOn Puerto Rico
May 16, 2024
Sunrun has launched a Virtual Power Plant (VPP) program called PowerOn Puerto Rico, enabling residents to contribute energy from their solar-plus-storage systems to stabilize the island’s electrical grid. Source: PV Magazine USA
LASCO distributors completes solar pilot project in partnership with UWI and USAID
April 15, 2024
LASCO Distributors has completed the UWI/LASCO Solar Pilot Project, installing a 500 kW PV+ system at its facility in Spanish Town, St Catherine, and a 10 kW Solar Hybrid system at the Central Village Multi-Purpose Centre. Developed with USAID and JERA, this project is one of Jamaica’s largest and will serve as a research and […]
Guyana Utility-Scale Solar Photovoltaic (Guysol) partners with Sumec for 18 MW solar parks
April 14, 2024
Guyana Utility-Scale Solar Photovoltaic (Guysol) has partnered with Chinese company Sumec to construct solar parks in Guyana totaling 18 MW. Funding for the projects is sourced from the government’s Guyana REDD+ Investment Fund, managed by the Inter-American Development Bank (IDB). Source: PV Magazine LATAM
St. Kitts and Nevis Prime Minister to lead renewable energy funding talks in Abu Dhabi
April 14, 2024
Prime Minister Dr. Terrance Drew of St. Kitts and Nevis is preparing for an international trip focused on securing funding for a groundbreaking renewable energy project and participating in two prominent panel discussions. His itinerary includes a crucial visit to Abu Dhabi, UAE, where he plans to engage in further talks with a consortium interested […]
IDB approves $60 million credit line to boost blue economy in the Bahamas
April 14, 2024
The Inter-American Development Bank (IDB) proposed a US$60 million Conditional Credit Line for Investment Projects aimed at promoting sustainable development in The Bahamas. This initiative targets the growth of micro, small, and medium-sized enterprises (MSMEs) within the country’s blue economy sector. Source: IDB