CREF Market News

MPC Capital says construction complete on 6.4-MWp El Salvador solar farm

Hamburg-based asset manager MPC Muenchmeyer Petersen Capital AG announced that the construction of its 6.4-MWp San Isidro solar project in El Salvador had been finalized.   Source

Chile will produce hydrogen through wind energy

Enel Green Power Chile, plans to participate with Andes Mining & Energy and potential partners ENAP, Siemens Energy and Porsche, in the installation of a pilot plant for the production of green hydrogen through powered by wind energy  in the Magallanes Region.   Source

Caribbean Corporate Leaders

During the 2020 Caribbean Renewable Energy Forum in November, we gathered Caribbean corporate leaders to discuss the following topics: Has Covid-19 impacted the way in which corporations think about energy supply for their businesses? Are utilities and governments doing enough to ensure the supply of low cost and reliable electricity to, in turn, ensure the […]

Caribbean vital to tackling COVID-19, climate change, UN chief tells regional leaders

The twin crises of COVID-19 and climate change present a once in a generation opportunity for the Caribbean and its development partners to form a new alliance for inclusive, sustainable and resilient recovery, the UN Secretary-General told regional heads of government.   Source    

Jamaica plans to procure 268 megawatts of energy from renewables by 2025

Jamaican Minister of Science, Energy and Technology, Hon. Daryl Vaz, says that plans are being put in place to procure up to 268 megawatts of electricity generation from renewable sources by 2025.   Source

Funds managed by RBC Trust commit to MPC Capital’s Caribbean renewables platform

RBC Trust (Trinidad and Tobago) Limited, a subsidiary of RBC Financial Caribbean Limited, has committed USD10 million to MPC Capital’s Caribbean listed feeder-vehicle to further grow the portfolio of renewable energy assets.   Source

Construction begins on hurricane-resistant clean energy power plant in Antigua and Barbuda under UAE-Caribbean Renewable Energy Partnership Fund

The UAE-Caribbean Renewable Energy Partnership Fund has announced the start of construction for a hurricane-resistant clean energy plant in Antigua and Barbuda to help the twin-island nation recover from the devastating effects of Hurricane Irma in 2017. Source

Caribbean Clean Energy: A Reality Check

From our Editorial Team

A powerhouse line-up of women leaders, representing islands across the Caribbean and Hawaii, gave their perspectives on a broad scope of Caribbean clean energy topics including how Covid has impacted the energy transition, the impact on project pipelines and how policymakers and multilaterals are responding. This discussion took place during a webinar on Wednesday, October […]

Devastating hurricanes in Caribbean five times likelier if climate targets not met

Researchers believe the chances of a devastating storm in the Caribbean will increase five-fold if the Paris climate targets – to limit the global average temperature increase to 2C above pre-industrial levels – are not met. Source