Caribbean Clean Energy - Page 6 of 18

CFBC and GSI to establish Caribbean Centre of Excellence for sustainable innovation and workforce development
March 14, 2024
Clarence Fitzroy Bryant College (CFBC) and Green Solutions International SKN Incorporated (GSI) have announced a groundbreaking partnership to establish the Caribbean Centre of Excellence in Research, Innovation, and Workforce Training. This initiative, to be unveiled on April 9, 2024, will provide state-of-the-art training in sustainable innovation and skilled workforce development. Source: St. Vincent Times
Puntacana Group partners with Eurelius for solar energy project in Punta Cana
March 14, 2024
The Puntacana Group and Eurelius have signed an agreement to implement a solar energy generation project in Punta Cana, Dominican Republic. This project will generate over 50% of the energy consumed in the community, with plans for more than 30 MWp of solar production and over 50 MWh of battery storage. Source: PV Magazine LATAM
Antigua and Barbuda inaugurate hybrid solar plant
March 14, 2024
A new solar and battery project in Antigua and Barbuda, funded by the UAE-Caribbean Renewable Energy Fund, is now operational. The design includes solar panels and batteries that can withstand hurricanes and supply all daytime energy needs. PV Magazine LATAM
IDB Lab invests in electric vehicle start-up, GoElectricTT, in Trinidad and Tobago
February 29, 2024
IDB Lab, the innovation arm of the IDB Group, will invest in startup GoElectricTT to introduce electric vehicles in Trinidad and Tobago. Source: IADB
Caribbean Energy Chamber launched to address energy challenges in the region
February 29, 2024
The Caribbean Energy Chamber Inc. (CEC) has been launched with the aim of addressing the energy challenges in the Caribbean and prioritizing affordable net-zero energy security. CEC will serve as a non-profit, non-partisan hub to unite energy stakeholders from both public and private sectors. With headquarters in Saint Lucia, CEC will focus on critical areas […]
IDB supports Barbados’ sustainable development goals with US$100 million loan
February 15, 2024
The Inter-American Development Bank has approved a US$100 million loan for Barbados to advance its sustainable development goals by modernizing policies and regulations. Source: IADB
Enhancing climate resilience in Antigua and Barbuda
February 15, 2024
The Commonwealth Secretariat, in collaboration with the Government of Antigua and Barbuda, is moving ahead with efforts to enhance climate resilience among small and medium-sized businesses (SMEs) in the agriculture sector by facilitating improved access to funding. Source: Times Caribbean Online
IDB and JICA agree additional US$1bn for Cooperation for Economic Recovery and Social Inclusion (CORE) program
February 15, 2024
The Inter-American Development Bank Group (IDB Group) and the Japan International Cooperation Agency (JICA) have decided to boost co-financing under the Cooperation for Economic Recovery and Social Inclusion (CORE) program, benefiting Caribbean countries. The US$1 billion increase will expand the programme’s funding to US$4 billion and extends its period until December 2028. Source: Jamaica Gleaner
IDB Invest and JPS sign US$100 million deal to upgrade Jamaica’s power infrastructure
February 15, 2024
IDB Invest and Jamaica Public Service Company Limited (JPS) have signed a US$100 million financing deal aimed at bolstering JPS’ capital investment program. This funding will aid in modernizing Jamaica’s electricity grid and enhancing electricity access across the country. CIBC Caribbean joined as a co-arranger, mobilizing an additional US$50 million for the initiative. Source: IDB […]