Caribbean

2020 Island Resilience Action Challenge: Uniting to define resilience in the face of climate and health threats

By: Kimberly Lewis, Lead Fellow, Advanced Energy Group At the tail end of a notably unprecedented and challenging year, Advanced Energy Group (AEG) and New Energy Events (NEE) virtually hosted the Island Resilience Challenge (IRAC). IRAC is a one-of-a-kind annual workshop focused on identifying key barriers to grid resiliency in the Caribbean and determining actionable […]

Puerto Rico awaits first procurements to add 3.75 GW solar, 1.5 GW storage

The Puerto Rico Energy Bureau ordered the utility PREPA to issue six procurements in the next 30 months, totaling 3.75 GW of solar and 1.5 GW of four-hour storage, or their equivalents.   Source

France’s island territories get solar-plus-storage at average price below €100/MWh in latest auction

The cost of solar energy paired with battery storage on France’s island territories has fallen yet again, as the European country awarded contracts to winning bidders in its latest tender process.   Source

InterEnergy acquires 34-MW wind farm plus pipeline in Dominican Republic

Energy solutions provider InterEnergy Group announced the acquisition of the 34-MW Matafongo onshore wind farm plus an under-development project pipeline in the Dominican Republic.   Source

2021 is here. We want to know, how can we support you?

From our Editorial Team

Few among our number will be sorry to put 2020, an undeniably challenging year, behind us. At the outset, in particular, the prognosis looked grim. Economies across our region were in a state of existential crisis, and unemployment was rife. Clean energy, we feared, might be relegated to the back burner, crowded out in the […]

WRB/GPP reach settlement with Government of Grenada, transfer Grenlec shares

WRB Enterprises (WRB) and Grenada Private Power Limited (GPP) announced it had executed a Settlement Agreement with the Government of Grenada agreeing to transfer their majority stake in Grenlec to the Grenadian government in exchange for the payment of USD $63 million, thereby making the Government of Grenada the majority shareholder of Grenlec.   Source

CDB, IDB sign US$50 million loan for COVID-19 response in the OECS

The Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) today signed a US$50 million loan agreement to support COVID-19 response projects in the Organisation of Eastern Caribbean States (OECS) Member States.   Source

Renewables could help Caribbean islands become more hurricane-resilient

Solar panels connected to microgrids can come back online quickly after a storm, says Kaitlyn Bunker from the nonprofit Rocky Mountain Institute. She’s co-author of a study that shows that one way to minimize this risk is to add renewables that are connected to microgrids. These systems can operate independently from the larger grid.   […]

Over $1.2 million announced for restoration of coral reefs in U.S. and Caribbean waters

The National Fish and Wildlife Foundation (NFWF)  announced $1.2 million in grants to support community-based efforts to improve the health and resilience of coral reefs in Florida, Hawaii, Guam, American Samoa, and the Caribbean. The grants will leverage nearly $1.3 million in matching contributions to generate a total conservation impact of more than $2.5 million. […]