Caribbean Infrastructure - Page 8 of 17

Soleco Energy Limited closes on investment deal with Rubis Caribbean Holdings
June 19, 2024
Soleco Energy Limited closes on an investment by Rubis Caribbean Holdings (RCH). The investment will fund new projects developed by Soleco and aid in expansion across the region. Source: OUR Today
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
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
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