CARIF Market News - New Energy Events

CTO launches Reimagine Plan 2025–2027 to position Caribbean as global leader in sustainable tourism
July 9, 2025
The Caribbean Tourism Organization (CTO) has launched the Reimagine Plan 2025–2027, a three-year strategy designed to position the Caribbean as a global leader in sustainable tourism. Unveiled during Caribbean Week in New York, the plan focuses on five core pillars—sustainability, tourism intelligence, advocacy, market competitiveness, and people development—along with a sixth pillar emphasizing internal operational […]
Guyana launches net billing program to expand rooftop solar and boost distributed energy generation
July 9, 2025
Guyana has launched a net billing program to promote the adoption of rooftop photovoltaic systems up to 100 kW, with larger systems allowed based on customer demand and grid approval. The initiative, led by the Guyana Energy Agency and GPL Inc., enables users to earn credits for excess energy fed into the grid, with unused […]
New regional platform launched to accelerate climate resilience and investment in the Caribbean
July 9, 2025
A new regional platform in the Caribbean has been launched to accelerate financing for resilience initiatives across the region. The platform will focus on identifying and delivering transformative, country-specific investment opportunities while promoting a coordinated regional approach to climate resilience. Source: Green Climate Fund
Dominican Republic joins Spain and Hispasat in regional satellite initiative to bridge digital divide
June 26, 2025
The Dominican Republic, through INDOTEL, has signed a collaboration agreement with the Government of Spain and satellite operator Hispasat to explore participation in a regional telecommunications satellite project. The initiative aims to improve digital connectivity in underserved areas by developing sovereign digital infrastructure. Source: BNAmericas
CAF Issues first blue bond, raising US$115.94 million for climate-resilient coastal development
June 13, 2025
CAF has launched its first-ever blue bond, raising US$ 115.94 million to support climate-resilient coastal development across the region. Underwritten by BNP Paribas Cardif, the 5-year bond will finance sustainable water management and marine ecosystem protection projects, with initial efforts in Brazil, Ecuador, and beyond. Source: CAF
UK and CDEMA sign MoU to strengthen Caribbean disaster preparedness ahead of 2025 hurricane season
June 13, 2025
Ahead of the 2025 Atlantic Hurricane Season, the UK has signed a new MoU with the Caribbean Disaster Emergency Management Agency (CDEMA) to enhance disaster preparedness and emergency response across the region. The agreement, signed in Barbados, includes adaptable emergency funding mechanisms such as an immediate mobilization fund to enable rapid deployment of response teams […]
CAF and CDB sign landmark MoU to expand development financing and collaboration in the Caribbean
June 13, 2025
CAF and the CDB have signed a landmark MoU to deepen collaboration and expand development financing across the Caribbean. Signed during the CDB’s 54th Annual Meeting in Brasília, the agreement outlines joint efforts in project financing, technical assistance, policy dialogue, and capacity-building in key sectors such as climate action, energy, water, and infrastructure. Source: CAF
Netherlands commits US$169 million to modernize energy infrastructure in Dutch Caribbean Islands
May 29, 2025
The Netherlands has committed US$169 million to support the energy transition on the Caribbean islands of Curaçao, Aruba, and Sint-Maarten, focusing on modernizing energy infrastructure rather than subsidizing already-viable renewables. Source: Dutch News
Guyana invests US$4.2 million to expand off-grid solar access in 21 Amerindian villages
May 29, 2025
Guyana has approved a US$4.2 million investment to upgrade solar systems in 21 Amerindian villages across five administrative regions, aiming to expand off-grid renewable energy access. The initiative is expected to benefit around 12,700 residents. Source: PV Magazine LATAM