Caribbean - Page 36 of 60 - New Energy Events

UAE-Caribbean Renewable Energy Fund announces recipients
January 16, 2019
Recipients of the third cycle of the EAU-Caribbean Renewable Fund were announced during IRENA’s General Assembly, last Sunday. Funds were assigned to Jamaica, Cuba, Surinam and Trinidad and Tobago. In total, projects will provide 2.35 MW of solar energy and 600 kW of battery storage plants. The savings of these projects are estimated at USD […]
Jamaica completes offshore LNG terminal
December 26, 2018
The natural gas supplier New Fortress Energy has finished construction for its new floating regasification vessel, the Golar Freeze, off the Old Harbour in Jamaica. This deal is expected to generate over USD22 million for the vessel’s owner, Golar LNG Partners. New Fortress is planning a USD 100 million initial public offering, though the details […]
Caribbean to pilot UN geothermal classification scheme
December 22, 2018
This classification system is designed to encourage investment in geothermal projects. The classification scheme was discussed at a workshop recently held in St. Lucia by the International Renewable Energy Agency (IRENA), the International Geothermal Association and the World Bank. The scheme, the ‘United Nations Framework Classification (UNFC) to Geothermal Energy Resources and Reserves’ is a […]
Barbados and Trinidad and Tobago discuss energy cooperation agreement
December 21, 2018
Trinidad and Tobago and Barbados have started discussions to explore a “potential partnership” on energy related matters. High level discussions by the countries’ ministers of energy were recently held, according to Trinidad’s Ministry of Energy and Energy Related Industries. Energy Minister Franklin Khan, and his Barbados counterpart Wilfred Abrahams discussed “mutual cooperation with respect to […]
Eastern Caribbean geothermal program expands to $86.5m
December 18, 2018
The Sustainable Energy Facility for the Eastern Caribbean (SEF-Expanded) is designed to reduce the financial, technical, and institutional barriers to geothermal energy development in five Eastern Caribbean nations: Dominica, Grenada, St. Kitts and Nevis, ST. Lucia, and St. Vincent and the Grenadines. Released in 2015, the SEF originally totalled $71.5m, but a recent injection of […]
The Caribbean and the EV Revolution-in-Waiting

From our Editorial Team
December 18, 2018
While most Caribbean islands are rapidly modernizing their electric grids, the modernization of transportation systems has lagged. Is change in the air? In November, for example, the government of Bermuda signed a memorandum of understanding with the Rocky Mountain Institute (RMI), embracing a plan to fully transition the island’s transportation sector to electric vehicles (EVs). […]
MPC Caribbean Clean Energy launches IPO
December 4, 2018
MPC Caribbean Clean Energy Ltd, a company investing in renewable energy projects in the Caribbean, is seeking to raise USD 50 million through an Initial Public Offering (IPO). The Barbados-based company is selling Class B participating and voting shares, with stocks cross-listed in the Jamaica Stock Exchange, and the Trinidad and Tobago Stock Exchange. The […]
Report Details Decade of Strides in Renewables
November 29, 2018
Renewable Energy Caribbean has published a major new report exploring 10 years of progress in the Caribbean renewable energy market. New Energy Events was pleased to contribute to this review, which highlights significant progress in wind and solar and identifies a series of landmark projects across the region. View and download the report here.
World Bank report emphasises untapped potential of geothermal in LAC region
November 13, 2018
The World Bank has released a new report, ‘Opportunities and challenges for scaling-up geothermal development in LAC’ exploring the role and growth of geothermal power in Latin America and the Caribbean. The report aims to support decision-makers in the region and provide information to facilitate the expansion of geothermal development. The role of geothermal power […]