CREF 2025 Market News - Page 2 of 4

Guyana launches tender for solar and battery storage systems on public buildings across four regions
March 27, 2025
The Guyana Energy Agency has launched a tender for the supply, installation, and commissioning of rooftop solar systems with battery energy storage for public buildings across four regions. Covering 18 sites, including schools, health centers, and municipal offices, the systems will range from 3.3 kW to 5 kW with battery capacities between 19.2 kWh and […]
Belize to structure first energy sector PPP with IFC to develop 80 MW solar and storage plant
March 27, 2025
The IFC is partnering with the Government of Belize to structure and implement a public-private partnership (PPP) for a 50–80 MW solar photovoltaic plant, expected to be operational by 2027. The project also includes a 40 MW battery energy storage system, financed by the World Bank, to support renewable energy integration. This initiative represents Belize’s […]
USACE pioneers sustainable wood management in Puerto Rico
March 13, 2025
The U.S. Army Corps of Engineers (USACE) Caribbean District is integrating responsible tree disposal management into its construction contracts in Puerto Rico. As part of the US$150.7 million Franklin Delano Roosevelt Avenue Bridge replacement project, removed trees are being repurposed at a sawmill instead of being sent to landfills. The initiative promotes sustainable wood reuse […]
Grenada opens first climate-smart fisher facility to boost resilience and sustainability
February 28, 2025
The Nature Conservancy (TNC), in partnership with Grenada’s government and international organizations, has inaugurated the island’s first Climate-Smart Fisher Facility in Soubise, St. Andrew. The facility integrates renewable energy, rainwater harvesting, and coastal protection measures to enhance the resilience of the local fishing community while mitigating climate change impacts. In addition to supporting fishers with […]
Bahamas signs US$200 million agreement with Afreximbank to boost infrastructure and trade
February 28, 2025
Bahamas Prime Minister Philip Davis signed a US$200 million framework agreement with Afreximbank which aims to develop climate-resilient and trade-enhancing infrastructure. The agreement is expected to support projects in road construction, energy, and economic development. Source: Tribune 242
Ecoener secures US$43.1 million Proparco loan for renewable energy in the Dominican Republic
February 28, 2025
Ecoener has secured a US$43.1 million loan from Proparco to support its renewable energy projects in the Dominican Republic, including the 60 MW Payita 1 solar PV plant. Source: Renewables Now
Belize unveils US$58.4 million energy storage project
February 6, 2025
Belize has launched a US$58.4 million project to deploy 40 MW of energy storage across four sites, supported by the World Bank and the Government of Canada. Source: Renewables Now
Grenada issues RFQ for 15.1 MWp solar project at Maurice Bishop International Airport
January 9, 2025
Grenada’s Public Utilities Regulatory Commission (PURC) has issued a Request for Qualifications (RFQ) for a 15.1 MWp solar project at Maurice Bishop International Airport. The project, aimed at advancing the island’s energy transition, involves three separate solar plants integrated into the national grid through Grenada Electricity Services Ltd. (Grenlec). The selected bidder will sign a […]
DOE to provide US$500 million for solar and storage projects in Puerto Rico to improve grid resilience
January 9, 2025
The U.S. Department of Energy (DOE) will provide over US$500 million in loans to build and operate utility-scale solar and storage systems in Puerto Rico, enhancing the island’s grid resilience. The funding lands against a backdrop of continuing power outages on the island. Source: PV Magazine LATAM