CREF 2023 Market News

The Dominican Republic’s National Energy Commission (CNE) grants concession for the development of a 25 MW solar park

January 18, 2023

The Dominican Republic’s CNE has granted the concession for the development of the  25-MW/32.6-MWp Canoa II solar park project. This is the second phase of the Canoa solar park project, the first phase also saw the installation of a 25 MW solar project. Source: Renewables Now

Saona Island in the Dominican Republic becomes the first and only island in the hemisphere to use 100% renewable energy

January 18, 2023

Saona Island is powered entirely by renewable energy due to the recently completed Saona plant, making it the first and only island in the hemisphere to run on 100% renewable energy. The Saona plant, designed and commissioned by the Bayahibe Electricity Company (CEB), has a storage capacity of 5 MWh with potential for expansion based […]

Jamaica’s Ministry of Education will implement solar energy projects in 30 institutions beginning in 2023

December 8, 2022

The Ministry of Education in Jamaica will implement pilot solar energy projects in 30 institutions to promote solar energy usage in schools. The projects will begin in 2023. Source: Caribbean National Weekly

Wärtsilä will supply two 10MW/10MWh energy storage systems to Caribbean Utilities Company Ltd

October 5, 2022

Tech group, Wärtsilä will supply two 10MW/10MWh energy storage systems to the Caribbean Utilities Company Ltd (CUC) in the Cayman Islands. The project is CUC’s first energy storage system. Source: Renewables Now