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CREF Market News

  • Jamaica prepares 300 MW renewables and 150 MW storage procurement

    October 11, 2026

    Jamaica’s Generation Procurement Entity says its forthcoming technology-neutral RFP will seek up to 300 MW of renewable generation plus 150 MW of battery storage under a build-own-operate structure. The procurement is expected in the fourth quarter of 2026. Source: GPE 

  • Caribbean unveils first regional US$250 Million Sustainability Bond

    October 11, 2026

    The CARICOM Development Fund (CDF) and JMMB Group have unveiled a US$250 million regional sustainability bond to finance renewable energy, climate-resilient infrastructure and economic diversification projects across the Caribbean. Targeted for market launch in Q1 2027, the bond aims to provide below-market financing, with Afreximbank partnering with CDF to establish a project-preparation facility. Source: Barbados […]

  • Suriname opens solar-storage and water tender covering 26 communities

    September 27, 2026

    Suriname’s EBS has opened an international tender for the design, supply and installation of solar PV-BESS mini-grids and water infrastructure across 26 communities in southern Suriname, Matawai areas and the Upper Suriname River region. Bids are due October 30, 2026. Source: NVEBS

  • USVI virtual power plant dispatches 2.5 MWh during grid tests

    September 27, 2026

    The Virgin Islands Energy Office dispatched a combined 2.5 MWh from residential batteries during virtual power plant tests on the St. Croix and St. Thomas-St. John grids. The VIBES 2.0 program has paid or is processing approximately US$244,000 in incentives as it works to expand participation across the territory. Source: St. Thomas Source

  • Guyana connects Karrau public facilities to solar-storage mini-grid

    September 27, 2026

    Guyana has connected public buildings in Karrau to a 41.5 kWp solar mini-grid backed by 187 kWh of battery storage. The system supplies schools, an ICT hub, health post, village office and other community facilities, benefiting nearly 500 residents who use them daily. Source: GEA.gov

  • Abaco hybrid power project targets November grid connection

    September 11, 2026

    The approximately US$90 million Abaco hybrid power project is on schedule to connect to Bahamas Power and Light’s grid in November 2026. The project combines utility-scale solar, natural-gas generation and battery storage and is being developed with EA Energy. Source: Bahamas.gov

  • Puerto Rico goes live with grid connection for 80 MW solar and 110 MW storage project

    September 11, 2026

    LUMA and AES Puerto Rico have announced the energization of a new 115 kV transmission line connecting the Jobos Solar and Jobos BESS projects to Puerto Rico’s electric grid. Testing will now begin ahead of planned commercial operations in Q4 2026, with the projects set to add 80 MW of solar generation and 110 MW […]

  • Dominican Republic invests US$1.08 million in rural solar microgrids and storage

    August 27, 2026

    The Dominican Republic has invested approximately US$1.08 million in two solar microgrid and battery storage projects that have brought electricity to 111 homes and two schools across eight rural communities in Elías Piña. The government is also planning additional rural electrification projects in the province in 2026, including new solar systems and grid extensions. Source: […]

  • Anguilla secures US$23.73 million CDB financing for solar and battery storage project

    August 27, 2026

    Anguilla Electricity Company (ANGLEC) has secured US$23.73 million in financing from the Caribbean Development Bank for a solar PV and battery energy storage project. The funding will support eligible project contracts as Anguilla expands its renewable energy and storage infrastructure. Source: CariBank

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