CARIF Market News - Page 15 of 28

USTDA, Caribbean nations partner on energy procurement
March 13, 2021
The U.S. Trade and Development Agency launched the Caribbean Regional Energy Procurement Assistance Program to support the development of high-quality energy infrastructure in eight Caribbean countries; Belize, Dominica, Grenada, Guyana, Jamaica, St. Lucia, St. Vincent and the Grenadines, and Suriname. The Program will deliver targeted procurement training to officials who manage energy sector investments in these […]
Trinidad and Tobago Prime Minister opens NiQuan Energy’s GTL plant
March 12, 2021
NiQuan Energy’s gas to liquids (GTL) plant at Pointe-à-Pierre has been opened by the Prime Minister of Trinidad and Tobago, Dr Keith Rowley. The plant has a nameplate capacity of 2400 bbl/d and produces high performance, low emissions energy products, GTL paraffin diesel and GTL naphtha, from natural gas. Source
Prioritizing the role of women in building clean and decarbonized economies across Latin America and the Caribbean

From our Editorial Team
March 3, 2021
Why women working in the energy sector will play a vital role in LAC’s economic recovery Even before COVID-19, the promise of full gender equality remained unfulfilled in Latin America and the Caribbean despite the fact that women in the labor force improves competitiveness. By one analysis from McKinsey & Company, published prior to the […]
5 ways to decarbonize national oil companies in Latin America and the Caribbean
February 17, 2021
By: Paola Carvajal, Javier García, Carlos Sucre and Christiaan Gischler, IDB The global hydrocarbon industry has been a long-time pillar of energy systems supplying in 2018 around 54% of global primary energy. This supply comes at a high cost in terms of carbon emissions as it accounted for 56% of the planet’s carbon dioxide emissions […]
The economics of energy transformation zeroes in on infrastructure in Antigua and Barbuda
February 11, 2021
Prime minister and minister of finance and corporate governance, Gaston Browne has undertaken energy transformation focusing on renewable energy, climate resilience, and a development fund to power Antigua and Barbuda. To facilitate such access, the government will complete the $55 million new airport on Barbuda in 2020. The estimated value of all the projects, which […]
Dominica prioritizes strengthening infrastructure with Citizenship-by-Investment funds
February 2, 2021
Dominica’s CBI Program, which enables foreign investors and their families to become citizens of the nation once investing in either a government fund has been injected into important sectors in Dominica, from healthcare and education to tourism and infrastructure development. The Program also supports the construction of over 5,000 climate-resilient homes for citizens impacted by Hurricane Maria. […]
MPC Capital Raises $100 Million USD to build green energy plants in Colombia, Jamaica, El Salvador
February 1, 2021
MPC Capital AG has launched a new entity named “MPC Energy Solutions” after raising $100 million. The entity has listed 5 projects under development in Colombia, El Salvador and Jamaica anticipating construction will start in the second half of this year and begin energy production at the end of 2022. Source
Climate change puts pressure on failing Caribbean water supplies
January 28, 2021
While most people outside of rural mountainous areas in the Caribbean are connected to the public water supply, they frequently face outdated infrastructure in need of repair, resulting in major losses of drinking water. Although the region enjoys relatively high standards of living, with most countries defined by the UN as “upper-middle income.” This excludes them […]
COVID-19 and climate change prompt an energy rethink in Trinidad and Tobago
January 26, 2021
The crash of global energy markets amid the COVID-19 pandemic and the growing threat of climate change are providing an impetus for a reevaluation of Trinidad and Tobago’s energy security and a concerted diversification of the nation’s energy mix. Source