Caribbean Clean Energy - Page 9 of 20

CAF approves US$25 million investment in BTG Pactual Timberland Investment Group’s (TIG) Latin American reforestation strategy
January 19, 2024
CAF has approved a US$25 million investment in BTG Pactual Timberland Investment Group’s (TIG) Latin American reforestation strategy. TIG, a subsidiary of BTG Pactual, is among the largest and oldest timberland investment managers globally, overseeing $6.2 billion in assets across 1 million hectares in the U.S. and Latin America. Source: CAF
Jamaica’s GPE extends bidding window for 100 MW from renewables
January 4, 2024
Jamaica’s Generation Procurement Entity (GPE) extended the bidding window for 100 MW of renewable energy through to April 1. Source: BNAmericas
Construction starts on the first major solar-plus-storage project in the Dominican Republic
January 4, 2024
The Dominican Republic’s CNE began construction on the first major solar-plus-storage project in the country, which includes a 24.8MW battery energy storage system (BESS). Source: Energy Storage News
MPC Caribbean Clean Energy Limited closes financing agreement for solar plant project in the Dominican Republic
January 4, 2024
MPC Caribbean Clean Energy Limited closed the financing of Phase II of its 42 MW solar PV plant in the DR, now underway. Source: Jamaica Observer
US technology giant, Honeywell, is set to supply battery energy storage systems (BESS) to six solar farms in US Virgin Islands
December 21, 2023
Honeywell International Inc was selected to provide battery energy storage systems (BESS) to a 140MW DC portfolio of six solar farms located in the US Virgin Islands. Source: Renewables Now
Bahamas invites global firms to participate in the bidding process for the Family Island New Energy Generation project
December 21, 2023
The Davis administration in the Bahamas is inviting firms to participate in the request for proposal (RFP) bidding process for the Family Island New Energy Generation project. The initiative aims to provide Family Islanders with improved and more affordable electricity through micro-grids, clean fuel, and renewables. Source: The Nassau Guardian
The World Bank invests US$225 million into new project in the Dominican Republic
December 21, 2023
The World Bank has approved a new project in the Dominican Republic aimed at enhancing the electricity sector and reducing high distribution losses. With a $225 million investment, the project will support distribution companies in minimizing significant losses through the rehabilitation of the distribution network, technology upgrades, and the reduction of electricity outages. Source: The […]
The government of Barbados recruits IFC as the lead transaction adviser for its first utility-scale onshore wind farm project
December 7, 2023
The government of Barbados has chosen the International Finance Corporation (IFC) as the lead transaction adviser for its first utility-scale onshore wind farm project. The wind farm, named the Lamberts project, is projected to have a capacity of 30-50 MW and will be situated in the northeastern part of the island. The partnership agreement between […]
Leclanche secures a 25-year PPA in Saint Kitts and Nevis to develop the largest solar-plus-storage complex in the Caribbean
December 7, 2023
Leclanche has secured a 25-year power purchase agreement (PPA) for a 35.7 MW solar park with an integrated battery in Saint Kitts and Nevis. Located in the capital, the project is set to become the largest solar-plus-storage complex in the Caribbean. Source: Renewables Now