Caribbean Infrastructure - Page 10 of 19

Jamaica initiates ‘Blue Green Facility’ to address climate challenges
May 3, 2024
The Government of Jamaica, in collaboration with various international partners including the Green Climate Fund, Inter-American Development Bank, World Bank Group, and others, is discussing the establishment of a “Blue Green Facility” aimed at providing up to US$ 500 million over five years. The fund will comprise a combination of grants, concessional debt, guarantees, and […]
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
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
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