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CARIF Market News

  • No permeability found yet at St. Vincent and the Grenadines geothermal site

    August 21, 2019

    Heat was successfully found after the first well was drilled at the geothermal exploratory site at Bamboo Range, in Saint Vincent and the Grenadines, though permeability remains yet to be found. “Possibly if we are lucky in well Two, we will come back in well One and try to fix that so we will get […]

  • Bonaire adds smart battery energy storage system

    August 16, 2019

    Bonaire has added a new smart and battery-based energy storage system (BESS) to its power grid. Contour Global worked closely with engineering, procurement and construction contractor Wärtsilä and its US-based Greensmith Energy subsidiary. The latter specializes in distributed battery energy storage system and development and integration. The company will incorporate a 6-megawatt lithium-ion BESS into […]

  • St. Kitts and Nevis’ new solar-plus-storage project will cover 25% of its energy demand

    August 9, 2019

    St. Kitts and Nevis will add a utility-scale solar and storage plant to meet one quarter of its electricity needs. The 35.6MW solar park and 44.2MWh battery storage facility will be built and operated by Leclanché, a Swiss firm acting as EPC contractor. This project is an example of the bold thinking and actions being undertaken […]

  • Bermuda’s new IRP could mean 85% renewables by 2035

    July 30, 2019

    This week, Bermuda released its first Integrated Resource Plan (IRP). The IRP would lead to 85% renewables on the grid by 2035 – more than double the Electricity Policy target of 38% renewables. The IRP specifies renewable energy sources that could meet the future load, including solar PV, offshore wind, and biomass. Feasibility studies for […]

  • Jamaica adds USD 1 billion LNG terminal

    July 23, 2019

    A new floating Liquid Natural Gas (LNG) terminal off the coast of Jamaica has placed the country “on track” to meet its energy mix target of 50% of energy sources from renewables or cleaner fuels. The terminal was unveiled at a ceremony last week, attended by Jamaica’s Prime Minister Andrew Holness. “We are demonstrating that […]

  • Jamaica - hot air or steam?

    Drilling in St. Vincent and the Grenadines confirms potential for geothermal energy

    July 17, 2019

    St. Vincent and the Grenadines has suitable conditions of temperature and permeability at 2500 metres below ground to generate geothermal energy, a new report has confirmed. Exploratory drilling in La Soufrière started two months ago, and this week’s report brings positive results from this exploration phase. At 2500 meters, the temperature was more than 250 […]

  • Blue Lagoon Iceland, Grindavík, Iceland

    Exploratory drilling starts for geothermal project in St. Vincent and the Grenadines

    May 14, 2019

    Icelandic firm representatives and St. Vincent and the Grenadines representatives met at a ceremony to mark the official commencement of the drilling for a geothermal project on the island. The National Geothermal Project will include four wells, which will provide between 10MW to 20MW of electricity generation. The drilling is expected to be completed by […]

  • Proposed law would enable Puerto Rico, USVI to build offshore wind

    September 7, 2018

    A bill that would enable U.S. territories to build offshore windfarms has been approved by the Committee on Natural Resources and moved to the full House of Representatives for consideration. All members of Congress representing U.S. territories have voiced their support for the bill. Tim Charters, of the National Ocean Industries Association (NOIA) called the […]

  • Montserrat advances port development project

    August 28, 2018

    Monserrat has embarked on the final step of the procurement process for a £21 million port development project. The Ministry of Communications, Works, Energy and Labour held a tender meeting for the five shortlisted companies who are bidding to supervise and provide and technical consultancy. Four companies attended the meeting, including IMC Worldwide Ltd (UK); Stantech […]

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