Clean Energy

How Covid has changed the Caribbean renewable energy business, and how the renewable energy business can help the economic recovery of the Caribbean

By: Bruce Levy, President & CEO, BMR Energy The short term economic impact of the Covid-19 pandemic on the Caribbean has been devastating. Affecting governments, businesses and individuals alike, unemployment was – and still is – rife and the recovery will be long and slow. A year ago many of us felt that the impact […]

PM Keith Rowley to Caricom – Increase provision of clean, secure energy

Prime Minister Dr. Keith Rowley today said Caribbean Community (Caricom) countries have an opportunity to increase the penetration of natural gas within the Caribbean, which will aid in providing a clean, secure supply of energy to regional countries as they transition away from sources such as coal and heavy fuel oil. Rowley, who is also […]

First Energy Earthshot aims to slash the cost of clean hydrogen by 80% to $1 per kilogram in a decade

U.S. Secretary of Energy Jennifer M. Granholm today launched the U.S. Department of Energy’s (DOE) Energy Earthshots Initiative, to accelerate breakthroughs of more abundant, affordable, and reliable clean energy solutions within the decade. The first Energy Earthshot—Hydrogen Shot—seeks to reduce the cost of clean hydrogen by 80% to $1 per kilogram in one decade. Achieving […]

Solar FlexRack’s mounting technology installed in Bahamas resort island’s solar hybrid microgrid

Solar FlexRack, a division of Northern States Metals and an innovative leader in photovoltaic (PV) mounting and solar tracker solutions, announced that its Fixed Tilt FlexRack Series G3-X racking solution is fully operational for Azimuth Energy’s 1.1 MW solar project on Highbourne Cay in the Bahamas. This robust microgrid, which includes the largest PV array operating in […]

Pandemic derails Caribbean islands’ bid for greener, cheaper energy

A lack of climate finance, electricity monopolies and now the pandemic’s ripple effects are slowing the Caribbean’s shift from economies run on fossil fuels to clean energy, banking and government officials said on Tuesday. In the Eastern Caribbean, only 10% of energy comes from renewable sources and plans to promote the use of solar and […]

Dominican Republic signs agreement with World Bank to curb carbon emissions and reduce deforestation

The Dominican Republic’s Ministry of Finance and Ministry of Environment and Natural Resources signed a landmark agreement today with the World Bank’s Forest Carbon Partnership Facility (FCPF), unlocking payments of up to US$25 million for verified carbon emission reductions between now and 2025 through the country’s emissions reduction program. Source

Leaders Summit showcases clean energy commitments to tackle climate crisis

Following the United States return to the Paris Climate Agreement, the Leaders Summit on Climate reconvened 17 members are responsible for approximately 80% of global emissions and global GDP. The US presented its goal of reducing emissions by 50-52% by 2030 compared to 2005 levels, which is also reflected in the nationally determined contribution the […]

UAE-Caribbean Renewable Energy Fund awards EPC contract to build resilient clean-energy project worth US$50m in Dominica

The UAE-Caribbean Renewable Energy Fund (UAE-CREF), the largest renewable energy investment of its type in the region, which is fully financed by Abu Dhabi Fund for Development (ADFD), has announced the signing of an engineering, procurement and construction (EPC) contract to build a hurricane-resistant clean energy project worth US$50m in Dominica. Source

Barbados gov’t considering ocean energy technology

The Barbados government says it is considering having ocean energy technology operational on the island as part of the National Energy Policy target of 100 percent renewable energy by 2030. The Ministry of Energy, Small Business and Entrepreneurship said it has conducted an Ocean Energy Consultancy, from January 2020 to March this year, to explore […]