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Caribbean

  • Cox Energy America to buy 40% in Spanish PV firm Ibox Energy

    April 9, 2021

    Mexico City-based Cox Energy America SAB de CV on Wednesday announced its arrival in Europe via an agreement to acquire a 40% in Spanish solar PV specialist Ibox Energy for an estimated $95 million euros. The aspiring buyer is the Mexico-listed subsidiary of Spanish renewables firm Cox Energy Solar SA and invests in projects in […]

  • Study of Caribbean energy consumption underway

    April 9, 2021

    A new study by the Inter-American Development Bank (IDB) provides an analysis of the evolution of energy consumption and expenditures in Latin America and the Caribbean (LAC), composition by energy source. The study by the Washington-based financial institution says that energy services represent the second most important expense in household budgets in LAC, surpassed only […]

  • BMR Energy rebuilds hurricane-damaged St. Thomas solar farm

    April 9, 2021

    BMR Energy, a Virgin Group company and developer, owner, and operator of clean energy projects in the Caribbean and Latin America, announced today that it is starting construction of the 6.4-megawatt (MWp) Donoe Solar farm in St. Thomas. The facility is expected to be completed and enter service in the fourth quarter of this year […]

  • 3 Takeaways from the 5th Caribbean Infrastructure Forum

    From our Editorial Team

    March 31, 2021

    Against the backdrop of a post-pandemic recovery, Caribbean stakeholders convened on March 24-25 at the 5th Caribbean Infrastructure Forum (CARIF) around the need – and the opportunity – to finance and build the next generation of economy-boosting, resilient infrastructure. Here’s our three main takeaways. 1. Focus less on bricks & mortar, more on bits & […]

  • Solar in Barbados

    Barbados RF bank completes BBD$14M green energy bond

    March 30, 2021

    Barbados-based RF Merchant Bank & Trust Limited (RF) announced that it has completed a fund raise of BBD$14M in Green Energy bonds for Williams Renewable Energy Limited  — a wholly owned subsidiary of Williams Caribbean Capital, an entity focused on alternative energy.   Source

  • Algae cleared from Caribbean beaches can power hotels

    March 29, 2021

    Y.A. Maof, an Israeli company that works on environmental and waste disposal projects. After a trip in the Dominican Republic, the company found combining the algae found on the beach with organic waste in a biogas facility could enable energy generation. A pilot has been set up to evaluate the impact. Source

  • The critical need for smart software with energy storage

    March 29, 2021

    In an interview, Andrew Tang, Vice President of Energy Storage and Optimisation at Wärtsilä Energy, discusses how technology is being used around the world and the Caribbean, and the importance of software for the uptake of energy storage.   Source

  • Solar-led renewable energy system could free up 10% of Antigua and Barbuda’s GDP

    March 24, 2021

    A mix of solar and wind power can help Antigua and Barbuda to an almost-90% renewable energy system, and green hydrogen could then show the path to hitting the national ambition of 100% green power by 2030, and net zero by 2050. Source

  • MPC Caribbean Clean Energy assessing impact on tariff reduction at its Costa Rican associated company, Tila Wind

    March 24, 2021

    Jamaica and Trinidad cross listed company MPC Caribbean Clean Energy Limited is now assessing the commercial impact of the Costa Rican light and power company reducing the tariff on energy produced by its associated renewable energy company in that country, Tila Wind Corporatión S A, which trades under the name Tilawind. Source

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