Caribbean

Big Challenge, Big Opportunity: Financing the Blue Economy

From our Editorial Team

October 7, 2019

Across the Caribbean Blue Economy market, a patchwork of ventures is emerging, with funding instruments as varied as the projects themselves. And while it’s true that this nascent space is largely untested, and in turn a financial risk, stakeholders see opportunity for innovation. If traditional project finance won’t work, what next? Stakeholders must examine the […]

Haiti publishes RFQ for grid modernisation and expansion

September 26, 2019

Haiti’s National Regulation Authority for Energy (ANARSE) has published its third RFQ in collaboration with Energy Cell MTPTC and EDH and with the support of USAID. This request for quotation (RFQ) concerns the country’s North East Grid. The grid will cover 10 cities and currently has 24,000 active customers and should power more than 55,000 customers. The duration […]

Past, Present, Future: CREF award winners talk Caribbean clean energy

From our Editorial Team

September 24, 2019

We’ve seen a surge in the number of submissions for the 3rd Annual Caribbean Renewable Energy Forum (CREF) Industry Awards — more than 20 this year — that reflects real momentum in the Caribbean. We now have two years of awards behind us, and a healthy history of innovative projects from leaders in the region […]

Barbuda will have a climate-resilient and green supply of energy thanks to international partnership

September 23, 2019

A partnership between the UAE-Caribbean Renewable Energy Fund, the Caricom Development Fund, the New Zealand Ministry of Foreign Affairs and Trade and the Government of Antigua and Barbuda will build a resilient renewable energy system on Barbuda, where electrical infrastructure was destroyed by Hurricane Irma in 2017. Over USD 10 million dollars will be provided […]

Dominican Republic’s new wind farm is now operational

September 19, 2019

The office of the Dominican Republic’s President announced that the 34MW Matafongo wind farm is now operational and producing energy. The wind park has 17 turbines, and was developed by the Grupo Eolico Dominicano with support from the Spanish company Genera Avante. The Banco Popular Dominicano and Banco del Progreso provided the financing for the […]

Caribbean as an example for the growing eco-friendly construction sector

September 13, 2019

The Caribbean could teach eco-friendly construction practices as interest for this sector grows. The industry of environmentally-friendly or green construction is steeply growing: it’s expected to generate more than 6.5 million jobs by 2030. To be eco-friendly, construction need to consider how buildings can be designed to cope with lower carbon emissions and rising energy […]

Barbados and New Zealand to collaborate on Blue Economy development

September 13, 2019

Barbados has joined a collaborative effort with New Zealand which will focus on fighting against the acidification of oceans and climate change. “Ocean acidification is a serious and urgent global challenge, linked with climate change, that requires international cooperation”, said New Zealand’s Minister for Climate Change James Shaw. The Barbados government have joined the New Zealand-led […]

Mico University College in Jamaica will see installation of rooftop solar facility

September 12, 2019

MPC Capital and the Mico Foundation have signed a memorandum of understanding (MoU) to install solar panels on the rooftop of the Mico University College in Jamaica. The 2MW solar installation is part of the energy efficiency measures which aim to cost energy costs for university, reduce its greenhouse emissions and increase its energy independence. […]

The future of the Blue Economy in the Caribbean: From promise to projects

From our Editorial Team

September 11, 2019

To set the stage for Blue Economy Caribbean 2019 on October 15 in Miami, we gathered experts from the region to discuss the future for the Blue Economy in the Caribbean. The webinar “The future of the Blue Economy in the Caribbean: from promise to projects” was held on September 17 at 11AM Eastern. To listen […]