Caribbean - Page 26 of 60 - New Energy Events

NuStar completes $250-million sale of Caribbean storage terminal
November 15, 2019
NuStar Energy has finalized the US$250-million sale of its oil storage terminal on Saint Eustatius to Prostar Capital. NuStar President Brad Barron said that proceeds from the sale, which marks the company’s exit from the Caribbean market, would be redeployed to its core businesses in North America. The terminal’s 14-million-barrel storage capacity includes crude oil, […]
$250-million redevelopment deal finalized for Bahamas cruise port
November 15, 2019
Major redevelopment is coming to Prince George Wharf, with the completion of a 25-year port operation and lease agreement between the government of the Bahamas and the Nassau Cruise Port consortium. The consortium, which includes Global Ports Holding, the Bahamian Investment Fund, and the Yes Foundation, will invest up to US$250 million in the 12-month […]
The seven key takeaways from CREF 2019

From our Editorial Team
November 13, 2019
With 500 attendees, 100 speakers and three days of panel discussions and workshops, it’s hard to distill CREF 2019 into a few paragraphs. But some critical themes emerged—along with a broad sense that we have the know-how, capital and consensus to get things done. We turned to a handful of CREF participants to gather their […]
US – Caribbean Resilience Partnership announces $1.5 million program
November 7, 2019
The United States is providing $1.5 million to increase disaster preparedness and resilience under the US-Caribbean Resilience Partnership. This partnership aims to strengthen U.S.-Caribbean cooperation and advance greater resilience to withstand the impacts of climate change, natural disasters, and extreme weather events by leveraging American and Caribbean innovation and expertise. Funding will support technical exchanges […]
Small island countries to explore marine renewables under new partnership
November 6, 2019
The Small Island Developing States (SIDS DOCK) and Naval Energies have signed a Memorandum of Understanding to support the development of marine renewable energy. Under the agreement SIDS and Naval Energies will collaborate to foster the development of Ocean Thermal Energy Conversion (OTEC), deep-sea conversion and floating offshore wind projects in small island countries. Through […]
Renewable energy makes economic sense for DR, says AES Dominica CEO
November 1, 2019
Natural gas development in the Dominican Republic gets a second take from AES Dominicana president Edwin De los Santos. While recent initiatives supported by international stakeholders would see natural gas development in the northwest region of the DR, De los Santos believes “it is not very strategic”. The United States and the Energy and Mines […]
Turks and Caicos signs MOU, plans to accelerate clean energy transition
October 31, 2019
The government of the Turks and Caicos Islands, utility FortisTCI and the non-profit Clinton Foundation inked a memorandum of understanding (MoU) on Wednesday to kick off the initiatives in the country’s new energy transition strategy. The Resilient National Energy Transition Strategy covers the period between 2019 and 2040 and was authored by the Ministry of […]
Barbados pursues renewable energy cooperative
October 29, 2019
In a recent address at the Co-operative Societies meeting, the Barbados government highlighted the need for a renewable energy cooperative to be established in the country, to allow local ownership of renewable energy projects, among other benefits. The model proposed would allow Barbadians to have a 30 percent stake in all foreign-owned renewable energy, energy […]
Barbados and Trinidad sign gas exploration agreement
October 29, 2019
Barbados and Trinidad and Tobago have signed an MOU for gas exploration in a shared economic zone. Barbados Prime Minister, Mia Mottley, said the MOU is a commitment to cooperate in energy exploration in the offshore of both territories. “Its only binding feature relates to the confidentiality of the data which we will access, and every […]