CARIF Market News - New Energy Events

Barbados advances US$175 million Health Services Resilience Programme
August 27, 2026
Barbados is advancing a US$175 million Health Services Resilience Programme to develop and expand four major healthcare facilities by 2029. The programme will also expand digital health services through a new health information system designed to connect healthcare facilities and improve access to medical records. Source: Barbados Today
IDB executes first catastrophe swap, giving Belize up to US$20 million in hurricane coverage
August 27, 2026
The IDB has transferred a layer of Belize’s hurricane risk to international reinsurance markets through Swiss Re in its first catastrophe swap. The parametric protection runs through May 2028 and provides up to US$20 million in coverage, with rapid payouts triggered by pre-agreed hurricane conditions and capped at US$10 million per policy year. Source: IADB
Dominican Republic opens prequalification for US$750 million water-security programme
August 27, 2026
The Dominican Republic has opened prequalification for the US$750 million Hatillo–Santo Domingo water-security project, which includes an 85 km gravity pipeline and other infrastructure designed to supply water to more than four million people. Prequalification submissions are due September 11. Source: BNAmericas
Jamaica invests US$50 million to upgrade rural water and critical infrastructure
August 27, 2026
Jamaica will invest US$50 million over the next 18 months to improve water and other critical infrastructure in rural communities. The program, backed by US$35 million from the Caribbean Development Bank and US$15 million from the Government, will fund new and upgraded water systems alongside improvements to sewerage, roads and electricity infrastructure across several communities. […]
St. Kitts advances US$10.4 million groundwater project with new Saddlers well
August 27, 2026
St. Kitts and Nevis has completed drilling its first well under the approximately US$10.4 million Groundwater Drilling Project, with the new Saddlers well initially producing around 175 gallons per minute. The project is part of a wider effort to expand water production and achieve reliable 24-hour service across St. Kitts, complementing investments including the Basseterre […]
Jamaica studies solar-powered desalination and pumped-hydro storage
August 27, 2026
Jamaica is assessing projects in St. Thomas and Clarendon that would combine solar-powered seawater pumping, reservoir storage, hydropower generation and reverse-osmosis treatment. The Government expects to move into engineering in 2027, with procurement potentially beginning by 2028. Source: JIS.gov
Antigua and Barbuda explores financing for US$100 million cargo-port expansion
August 27, 2026
Antigua and Barbuda is exploring financing for a proposed US$100 million cargo-port expansion designed to strengthen regional transshipment capacity. The government has discussed potential financing with the U.S. International Development Finance Corporation and the Chinese contractor behind the existing facility, while evaluating partnership structures that preserve national ownership of the port assets. Source: WIC News
The Bahamas sets timeline for LNG, grid upgrades and nearly 200 MW island energy pipeline
August 27, 2026
The Bahamas has set out a timetable for a major electricity-system overhaul, with its first LNG phase due online in 2026, gas-fired capacity scaling to 190 MW by late 2027, and 23 Family Island microgrid and solar projects representing close to 200 MW of new generation under development. Source: OPM
IDB and JICA partnership to mobilize US$14 billion across Latin America and the Caribbean
August 27, 2026
The IDB Group and JICA have expanded their development-finance partnership to US$6.5 billion, which is expected to generate approximately US$7.5 billion in additional resources and bring total financing for Latin America and the Caribbean to about US$14 billion. The expanded framework adds agriculture and critical minerals as strategic areas of cooperation, while a new agreement […]