Caribbean - Page 48 of 60 - New Energy Events

WRB Serra Partners Closes Fund I at $46.5 Million
October 26, 2017
On October 12, Florida-based private equity firm WRB Serra Partners successfully closed Fund I with committed capital of $46.5 million. The capital is sourced from a mix of family office and institutional investors, along with the Overseas Private Investment Corporation. WRB Serra Partners is an active investor in renewable energy, energy efficiency, and water infrastructure […]
Caribbean Development Bank receives EU funds to bolster geothermal industry
October 25, 2017
The Caribbean geothermal market has received an injection of EUR 12 million (14.1 million USD) from the European Union Caribbean Investment Facility (EU-CIF) to support geothermal exploration in the Eastern Caribbean. The EU-CIF will provide the EUR 12 million in grant funding to the Caribbean Development Bank via the GeoSmart Initiative. The GeoSmart Initiative was developed […]
Haiti in discussions with Canada to build micro-hydro
October 25, 2017
Haiti is in discussions with a Canadian utility to build micro-hydroelectric plants across its energy starved communities. In the margins of the Caribbean Renewable Energy Forum (CREF 2017), the energy technology advisor to Haiti’s President Moïse, Evenson Calixte, met with a representative of Hydro Québec International to explore the possibility of obtaining technical assistance for the […]
Jamaica receives US grant for offshore wind development
October 11, 2017
The U.S. Trade and Development Agency (USTDA) has awarded a grant to the Petroleum Corp. of Jamaica (PCJ) to support the development of an offshore wind farm in the country. Keystone Engineering Inc. (KEI), a Louisiana-based energy firm, will conduct a feasibility study to explore the viability for offshore wind in Jamaica. KEI designed the first offshore […]
Construction begins for Saint Lucia’s first solar farm
October 4, 2017
Three months after signing the contract, LUCELEC and US-based solar energy company, GROUPOTEC, and other stakeholders gathered last week for the ground breaking ceremony for the 3 MW solar PV project in Saint Lucia. This will be Saint Lucia’s first utility-scale renewable energy project. Diesel generators currently account for over 99% of the islands energy […]
Anguilla will expand and rebuild air and sea ports
October 4, 2017
Anguilla was decimated by Hurricane Irma, but plans to rebuild better are already in the works. While phone, internet, and electricity are being restored to the island, travel ports are getting an upgrade. The chief minister of Anguilla, Victor Banks, announced that plans are in place for the expansion of Anguilla’s Clayton J. Lloyd International […]
Solar PV and microgrids post-Irma: Some survive, others sustain damage
September 28, 2017
Antigua at 50km from the eye of the storm saw sustained winds at time exceeding 275 km/hour. The solar power system on Antiguga – designed and installed by PV Energy – survived hurricane Irma without damages or substantial system failures. Designed to withstand hurricanes of up to the category 4, each of the 55 solar power […]
Nevis geothermal project to begin drilling phase in early October
September 26, 2017
Nevis Renewable Energy International (NREI) geothermal developers are preparing for the commencement of the project’s first phase. In a Sept 12th interview, local NREI representative – McLevon “Mackie” Tross, said the drilling phase will begin in the first week of October, with production well drilling planned for early 2018. “We expect the equipment to be arriving […]
Chinese company wins bid for Cuba’s 3.9 MW solar project
September 26, 2017
Cuba has ambitious solar plans to install upwards of 700 MW of solar PV, and China is once again playing a part in that growth. Risen Energy, a Chinese based solar energy module manufacturer, has won the contract for a 3.9MW solar project in Cuba. It was reported earlier this year that a Chinese contractor […]