CARIF Market News - Page 22 of 29

Taiwan to assist in building Haiti’s electricity grid
August 7, 2018
Taiwan will help Haiti build an electricity grid in Port-au-Prince. The project will strengthen its infrastructure development and secure diplomatic ties between the two nations. The project seeks to upgrade: (1) the existing electrical substations, (2) the electricity distribution networks and (3) the transmission towers. It also seeks to train local people on maintenance of […]
China’s Belt and Road Initiative could boost Caribbean infrastructure projects
August 7, 2018
Recently, China’s Belt and Road initiative – often described as a 21st century silk road – has made its entry into Latin America and the Caribbean. During the second China-CELAC ministerial forum, the two entities signed a special declaration on the belt and road, which led to four LAC countries signing Belt and Road Cooperation […]
EU to help Dominica build critical infrastructure, including geothermal
February 22, 2018
Hurricane-ravaged Dominica will receive EUR3.52 million (US$ 4.3 million) from the European Union to help the country rebuild its water infrastructure. This assistance is part of a larger package of EUR8.9 million (US$11 million) to rebuild Dominica following damage from Hurricane Irma. The EU is also assisting the government establish a legal framework for geothermal development. A […]
Solar warehouse opens in Puerto Rico
February 13, 2018
After two decades in Puerto Rico, solar company altE is now operating a local warehouse in Puerto Rico in an effort to reduce the time to deliver solar equipment to island residents and solar installers from weeks to sometimes only hours. The warehouse facility on the island allows altE to handle the shipping logistics and […]
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 […]