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CREF Market News

  • 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

  • The Jamaica Manufacturers and Exporters Association (JMEA) partners with the Jamaica Energy Resilience Alliance (JERA) to promote energy resilience and sustainability

    June 23, 2023

    The Jamaica Manufacturers and Exporters Association (JMEA) formed an alliance with the Jamaica Energy Resilience Alliance (JERA). The partnership with JERA now allows JMEA to join the largest solar demand aggregation campaign in Jamaica. Source: Jamaica Observer

  • US Vice President Harris will meet with Caribbean leaders to discuss climate change, energy, food security, and economic prosperity

    May 26, 2023

    US Vice President Kamala Harris plans to travel to the Caribbean to meet with regional leaders in June. On the agenda? Climate change, energy, food security and economic prosperity. Source: Miami Herald

  • Jamaica issues call for expressions of interest to supply renewable energy to the island

    May 26, 2023

    Jamaica issued a long-awaited call for expressions of interest to supply the island with renewable energy. Jamaica’s energy Minister also mentioned the possibility of adding nuclear energy to the country’s renewable energy mix. Source: BNAmericas

  • The fierce urgency of now

    May 11, 2023

    Written by: Ralph “Bizzy” Williams, Founder & Chairman, Williams Industries Inc. Planet Earth was designed with all the ingredients required to sustain the life of tens of thousands of living species plants corals etc. For billions of years trees powered by the sun captured and stored carbon while releasing life-sustaining oxygen. Everything was in perfect […]

  • Guyana gears up to develop eight solar plants

    May 11, 2023

    Guyana prepares to develop eight utility-scale solar photovoltaic (PV) plants with a capacity of 33 MW. Source: Newsroom.gy

  • A 23 MW PV park begins operations in Cuba

    April 27, 2023

    The Vietnamese company, Thai Binh Green PowerInvestment Corporation has officially started operation at the 23 MW PV park in Cuba. Source: PV Magazine LATAM

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