CARIF Market News - New Energy Events

CDB and CCREEE launch US$5.3 million clean energy capacity program
July 30, 2026
The Caribbean Development Bank (CDB) and the Caribbean Centre for Renewable Energy and Energy Efficiency (CCREEE) have launched the US$5.29 million ASERT 2030 programme to accelerate renewable energy deployment and develop a stronger pipeline of investment-ready clean energy projects across the Caribbean. The initiative will provide financing and technical assistance to strengthen energy planning, improve […]
IDB Invest approves record US$500 million financing partnership with ANSA McAL
July 30, 2026
IDB Invest has approved up to US$500 million in financing for the ANSA McAL Group, including an initial US$200 million commitment, marking its largest-ever financing in the Caribbean. The partnership will support investments in manufacturing, logistics, recycling, distribution, and supply chains while advancing regional trade, job creation, energy efficiency, circular economy initiatives, and digital transformation […]
CRFM advances US$3.2 million STAR-Fish clean energy program for Caribbean fisheries sector
June 10, 2026
The Caribbean Regional Fisheries Mechanism (CRFM) is advancing a US$3.2 million STAR-Fish initiative to expand clean energy adoption across fisheries and aquaculture sectors in eight Caribbean countries, including Belize, Jamaica, and Suriname. The program focuses on deploying renewable energy, improving cold chain systems, and supporting low-carbon certification to reduce costs, strengthen food security, and enhance […]
St. Kitts and Nevis launches roadmap toward 100% renewable electricity transition
June 10, 2026
St. Kitts and Nevis will develop a national roadmap toward achieving 100% renewable electricity generation, supported by the European Union through the Euroclima and implemented by the United Nations Development Programme alongside the Greening The Islands Foundation. The plan will identify policies, investments, and technologies needed to transition the country’s energy system and reduce emissions […]
Guyana and Barbados launch Trident Arrow investment fund to back infrastructure and growth
May 28, 2026
Guyana and Barbados have launched the Trident Arrow Investment Fund, a new bilateral investment vehicle that will allow citizens to invest in major infrastructure and long-term projects across utilities, technology, and agro-processing. The initiative also includes a diaspora bond aimed at giving overseas Guyanese a direct way to support the country’s development while earning returns, […]
Grenada launches national battery storage project
March 19, 2026
Grenada has launched early market engagement for a national battery energy storage project at Maurice Bishop International Airport, with a planned capacity of 10.6 MW / 21.2 MWh. The project will be developed in phases, supported by the Caribbean Development Bank and The World Bank, with initial procurement expected in 2026. Source: ESS News
Jamaica moves to join TAM-1 subsea cable network to strengthen digital infrastructure
February 7, 2026
Jamaica has signed a non-binding letter of intent with Trans Americas Fiber System to extend the in-development TAM-1 subsea cable to the island, adding a dedicated spur with up to 20 Tbps of capacity. The 7,000-km TAM-1 network will connect Florida with Central America and the Caribbean, passing about 220 km south of Jamaica. A […]
Jamaica launches feasibility study for sustainable aviation fuels
January 22, 2026
Jamaica has launched a Sustainable Aviation Fuels (SAF) Feasibility Study to explore the country’s potential for cleaner aviation. Managed by ICF, the study will assess feedstocks, infrastructure, aviation demand, export opportunities, and the policy and investment environment, while addressing cost and scalability challenges. The initiative, announced at the Jamaica Civil Aviation Authority in Kingston, supports […]
Caribbean offshore oil and gas growth spurs investment in logistics hubs and ports
January 9, 2026
The Caribbean’s offshore oil and gas expansion is driving a focus on logistics infrastructure, with onshore hubs and specialized ports becoming critical to efficient offshore operations. Countries like Guyana, Trinidad and Tobago, and Suriname are investing in shore bases and supply facilities to support drilling, production, and maintenance, reducing turnaround times and enabling continuous operations. […]