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CREF Market News

  • Nevis Island Administration extends geothermal drilling tender

    April 12, 2023

    The Nevis Island Administration extended its geothermal drilling tender due to increased interest. Source: ThinkGeoEnergy

  • Puerto Rico gears up to launch its first community-led microgrid

    March 17, 2023

    Puerto Rico’s community-led Adjuntas microgrid project is ready to launch. The project has become a high-profile example of how Puerto Rican residents are finding their own solutions to the island’s fragile electricity system. Source: Canary Media 

  • What does the future hold for green hydrogen in the Caribbean?

    March 17, 2023

    There’s plenty of hype around the potential for a green hydrogen economy in the Caribbean, but is that matched with substance and with a viable business case?  New Energy gathered five leading green hydrogen and energy experts – Philip Julien (Kenesjay Green Limited), Vernon Paltoo (NGC), Thibault Menage (HDF), and Christiaan Gischler and Roberto Aiello […]

  • Wavepiston will co-develop a wave energy project with YS Energies Marines Developpement to provide clean energy to local communities in Martinique

    March 17, 2023

    Danish ocean energy organization, Wavepiston partners with YS Energies Marines Developpement (YSEMD) to develop a wave energy project in Martinique, which aims to provide clean energy to local communities. Source: Renews.Biz

  • The OAS launches Women’s Economic Empowerment project in the Caribbean and Central America

    March 17, 2023

    OAS has launched its Women’s Economic Empowerment project in Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines to empower women to participate in and benefit from the digital economy. They also expanded the project to El Salvador, Guatemala, and Honduras with aims to help women entrepreneurs build […]

  • China shows interest in providing solar technology to the Caribbean

    March 17, 2023

    China has declared its interest in collaborating with and providing solar technology to the Caribbean. According to Chinese deputy official, Liu Hanyuan, Chinese technology can help the Caribbean shift to solar energy and can help cut energy prices. Source: St. Vincent Times 

  • Stuart Young, Trinidad & Tobago’s Minister of Energy, proposes a Caribbean energy alliance with Guyana and Suriname

    February 1, 2023

    The Minister of Energy in Trinidad and Tobago, Stuart Young, proposed a Caribbean energy alliance with Guyana and Suriname as a means to ensure the region’s energy security. Source: Reuters

  • “The Dominican Republic will hit 600 MW in renewable energy by the end of the year “

    February 1, 2023

    The Dominican Republic currently has 15 renewable energy projects in development, 12 of which are currently in the construction phase with operations expected to begin by the end of 2023. These projects will bring 600 MW of clean energy to the Dominican electrical system by the end of the year. Source: Dominican Today

  • Dominican Republic’s CNE approved the development of two solar PV farms with a combined capacity of 23 MW

    February 1, 2023

    The Dominican Republic’s CNE granted concession for the development of two solar PV farms, one with a capacity of 13.8 MW and the other 9.2 MW. Source: Renewables Now 

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