CREF Market News - Page 10 of 90

Sunfarming plans to construct a 50 MW agro-solar farm in the Dominican Republic
August 3, 2023
Sunfarming, a renewable energy company, is planning to construct a 50 MW agro-solar farm in the Dominican Republic. The project aims to combine solar power generation with agricultural activities, promoting sustainable development and supporting local communities. Source: Renewables Now
Antigua and Barbuda to install 15 wind turbines at existing wind farms
August 3, 2023
Antigua and Barbuda are set to install 15 wind turbines at the Parham Ridge and Sir Vivian Richards wind farms as part of the SPPARE Project. The project is a collaboration between the Department of Environment and the West Indies Oil Company, with US$15 million in financing from the Abu Dhabi Development Fund. Source: Telesurenglish
Barbados regulators order 50 MW BESS pilot in an effort to support rapid decarbonization by 2030
August 3, 2023
Regulators in Barbados ordered a 50 MW BESS pilot in an effort to reach its ambitious goal of becoming 100% renewable energy and carbon neutral economy by 2030. Source: Energy Storage
Jamaica releases its first electric vehicle policy
July 22, 2023
Jamaica has released its first electric vehicle policy, with the goal of increasing energy security, diversifying supply, and decarbonizing. The roadmap outlines plans to develop an enabling regulatory environment, deploy efficient charging infrastructure, establish guidelines related to standards and batteries, and train and engage the public. Source: BNAmericas
The Bahamas launches EOI to participate in the Bahamas Resilient Infrastructure Fund and the Renewable Energy Fund
July 19, 2023
With the support of the IDB, the Government of the Bahamas is inviting qualified firms and persons to express their interest in participating in the Bahamas Resilient Infrastructure Fund (BRIF) and the Renewable Energy Fund (REF). Source: Dev Business
French Guiana offers to assist Guyana in the development of renewable energy
July 6, 2023
French Guiana has offered to assist Guyana in the development of renewable energy. The offer was made by French Guiana’s Minister of Energy, Marie-Laure Phinéra-Horth, during a meeting with Guyana’s Minister of Natural Resources, Vickram Bharrat. Source: INewsGuyana
The Caribbean Development Bank and IDB Invest have been selected as two of the recipients of the MDB Challenge Fund
July 6, 2023
The Caribbean Development Bank and IDB Invest are two of the six new recipients of the Multilateral Development Banks Challenge Fund (MDB Challenge Fund), a US$5.25 million fund launched by the Gates Foundation, Open Society Foundations, and The Rockefeller Foundation. The Caribbean Development Bank will use its grant to develop a new risk mitigation instrument […]
GSI installs three solar PV systems at health facilities in Montserrat
July 6, 2023
Green Solutions International SKN Incorporated (GSI) installed three solar PV systems at health facilities in Montserrat, increasing the island’s renewable energy capacity and providing backup power during outages. Source: CARILEC
Puerto Rico doubles target for RE & storage in 3rd tranche of RFP
June 23, 2023
Revised 3rd tranche of RFP sees Puerto Rico doubling its call for renewable energy and storage capacity to 1,000 MW and 500 MW. Source: BNAmericas