CARIF Market News - Page 22 of 29

Groundbreaking ceremony for Jamaican LNG plant
December 14, 2017
On Friday New Fortress Energy and Jamalco broke ground for the construction of a 94 megawatt US$265 million (J$33.3 billion) liquefied natural gas-fueled combined heat and power plant at Jamalco’s Halse Hall headquarters in Clarendon. New Fortress Energy will invest $1 billion in Jamaica over the next several years, for this project with an estimated […]
Groundbreaking ceremony for Jamaica’s largest solar project
December 12, 2017
On Wednesday, December 13, a groundbreaking ceremony will be held for the 37 MW solar energy project in Paradise Park, Westmoreland, Jamaica. The project is estimated to cost $60m and should be commissioned within a year. The project is being developed by French energy producer, Neoen, alongside Rekamniar Frontier Ventures and MPC Capital. Angella Rainford, […]
Two solar project tenders launched in Dutch Caribbean
December 5, 2017
Two Dutch Caribbean islands have launched tenders for solar projects. Curaçao’s power utility Aqualectra issued a tender for the construction of a solar project with a capacity of 10 – 15 MW. The utility Saba Electric Company, the provider of power for Saba Island, released a tender for a 1 MW solar park with 1.5 […]
New Fortress Energy strikes new partnership to deliver LNG
November 22, 2017
Fourth quarter financial reports disclose that as of September 2017, Cargo Handlers Limited entered into an agreement with liquefied natural gas provider New Fortress Energy (NFE). Based in Montego Bay, Cargo Handlers provides stevedoring and petroleum haulage services. Essentially, Cargo Handlers has become a transportation provider of New Fortress Energy for the delivery of LNG, said […]
BMR Energy to build solar PV for Jamaican sugar industry
November 8, 2017
An important partnership has formed between a leading regional solar developer and Jamaica’s sugar industry. Minister of Industry, Commerce, Agriculture and Fisheries, Karl Samuda, made the announcement at the signing of a Memorandum of Understanding between SCJ Holdings Ltd and BMR Energy LLC. The Monymusk sugar factory in Clarendon, Jamaica will get a solar upgrade […]
Grenada road upgrades to be examined with CDB funded study
November 2, 2017
Grenada’s roads that link rural communities, cities, and ports are in need of improvement, and a $1.2 million grant will fund a feasibility study for required upgrades. The Board of Directors of the Caribbean Development Bank (CDB) approved a grant of £930,000 (US$1.2 million) to the government of Grenada, to prepare a feasibility study and […]
Jamaica’s health infrastructure overhaul makes progress
October 31, 2017
Jamaica’s healthcare infrastructure will be assessed over the next six months to ascertain improvements needed. The Minister of Health, Dr. the Hon. Christopher Tufton, said the assessment will determine what the needs are in terms of specialist care, additional beds and operating theatres, among other things. These improvements will benefit many facilities that will receive […]
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 […]
St. Lucian minister calls for increased resiliency of public infrastructure
September 13, 2017
Following a tour of the island after Hurricane Irma, St. Lucia’s Economic Development, Housing, and Transport minister, Guy Joseph, issues a call to revisit building codes for public infrastructure. “I think that in Saint Lucia, me for example, as Minister of Housing, if we are going to be engaged in the construction of public housing, […]