Caribbean - Page 41 of 60 - New Energy Events

Tesla has 11,000 energy storage projects underway in Puerto Rico
June 6, 2018
After having completed hundreds of energy storage project on the islands in the last few months, Tesla CEO Elon Musk now says that they have ‘about 11,000’ energy storage projects underway in Puerto Rico, which means something big is in the work. This follows Musk’s announcement from May that Tesla installed batteries at 662 locations […]
Developer selected for Bermuda’s 6 MW solar project
June 6, 2018
Government officials in Bermuda have just signed an agreement with project developer, Saturn Solar Bermuda 1 Ltd. to build a 6 MW solar PV project on St. David’s Island, Bermuda. This announcement marks the official commencement of works for the project. While the LF Wade Airport PV project will be built next to the airport, […]
Jamaica’s 37 MW solar project secures financing, commissioning date set for 2019
May 31, 2018
Eight Rivers Energy Company has secured $50 million in financing this month for what will be Jamaica’s largest solar plant. The loans were secured through foreign institutions, following an invitation to local banks to participate. Local institutions were unable to comply with the necessary terms, according to EREC partner Angella Rainford. “We invited select local […]
Taiwan proposes to supply $150m loan to Haiti for electricity grid
May 31, 2018
Haitian President, Jovenel Moïse, began his current five-day visit to Taiwan with a 30-member delegation, and the Minister of Economy and Finance, Jude Alix Patrick Salomon, announced that Taiwan has granted a loan of US$ 150 million to build an extensive electric grid in Haiti. Haiti remains one of the Taiwan’s last Caribbean allies as neighbors […]
Bahamas considers proposal for 15 MW biomass plant
May 31, 2018
Bahamas Power & Light (BPL) has received a proposal from a Bahamian-led consortium to develop a $40-50m biomass power plant in North Andros. This cross-sectoral effort would meet energy and agricultural needs in the region, in a partnership with the Bahamas Agriculture and Marine Science Institute (BAMSI). BAMSI has plans to clear land to renew […]
Dominican Republic hotel bounces back after hurricanes, receives sustainability award
May 17, 2018
CHIC by Royalton Punta Cana was recently recertified by Green Globe for the third consecutive year receiving an outstanding compliance score of 92%. Green Globe is the worldwide sustainability system based on internationally accepted criteria for sustainable operation and management of travel and tourism businesses. After two back to back hurricanes caused widespread damage in the […]
Jamaica wants hydropower, could build up to 30 MW
May 2, 2018
Hydropower is getting some attention from Jamaica, who recently identified 11 potential sites for development which could contribute around 30 MW to the renewable energy portfolio. In developing it’s roadmap for the next years, also known as the Integrated Resource Plan (IRP), Jamaica set aside a special component dedicated to hydropower as an alternate source […]
Puerto Rico’s governor courts new investors to rebuild the power grid
April 26, 2018
Gov. Ricardo Rossello says Puerto Rico needs new money to rebuild the hurricane-damaged “1950s energy grid”. Rossello told CNBC on Wednesday that investment is needed from public and private sources to update the grid and help rebuild the island, advancing into energy 2.0. However, attracting new investors may prove difficult considering the island’s history of […]
Jamaican wind farm IPO set to boost local economy
April 26, 2018
The Wigton Windfarm – which made a net profit of $186 million as of March 2017 – is going public, with the help of broker Mayberry Investments Limited. The aim of the IPO is to encourage Jamaicans to become involved in the energy sector, says DBJ’s Managing Director Milverton Reynolds. “We want to widen the base of […]