Clean Energy - Page 3 of 7 - New Energy Events

Pandemic derails Caribbean islands’ bid for greener, cheaper energy
May 17, 2021
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
May 17, 2021
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
May 5, 2021
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
May 5, 2021
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
April 29, 2021
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 […]
REOI for development of a Caribbean Blended Finance for Resilience Fund (CBFR)
April 28, 2021
The Caribbean Climate Smart Accelerator (CCSA) has applied for financing from the Caribbean Development Bank (CDB) towards the cost of Consultancy Services for Development of a Caribbean Blended Finance for Resilience Fund and intends to apply a portion of the proceeds of this financing to eligible payments under a contract for which this invitation is […]
Barbados RF bank completes BBD$14M green energy bond
March 30, 2021
Barbados-based RF Merchant Bank & Trust Limited (RF) announced that it has completed a fund raise of BBD$14M in Green Energy bonds for Williams Renewable Energy Limited — a wholly owned subsidiary of Williams Caribbean Capital, an entity focused on alternative energy. Source
Solar-led renewable energy system could free up 10% of Antigua and Barbuda’s GDP
March 24, 2021
A mix of solar and wind power can help Antigua and Barbuda to an almost-90% renewable energy system, and green hydrogen could then show the path to hitting the national ambition of 100% green power by 2030, and net zero by 2050. Source
RFP for new natural gas-fired generation in the Dominican Republic
March 15, 2021
The Dominican government just launched today the RFP for new natural gas-fired generation, through the three state-owned energy distribution companies, EDENORTE, EDEESTE Y EDESUR, as off-takers, in coordination with the Ministry of Energy and Mines. Under the supervision of the Superintendence of Electricity, the entities are calling for bids for the purchase of energy through […]