CREF Market News - Page 14 of 90

Renewable Energy As An Opportunity For Caribbean Resilience Building
November 18, 2022
By: Racquel Moses, CEO, Caribbean Climate-Smart Accelerator The Caribbean is being affected by two external shocks that are highlighting some of the largest gaps within the region’s infrastructure. Climate change, which is leading to more frequent and severe weather events, has already shaped a lot of policy in the region in terms of resilience-building. As […]
CEPM works to secure green loans for renewable projects in the Dominican Republic
November 17, 2022
CEPM, a division of InterEnergy is working to secure a green loan from Bank of America and a multilateral lender for renewable projects in the Dominican Republic. Source: Latin Finance
The Dominican Republic’s national energy commission approved a 50 MW PV solar rooftop project
November 17, 2022
The Dominican Republic’s national energy commission granted concession for a 50 MW rooftop PV project on the island. Source: Renewables Now
Jamaica and Barbados among the first to benefit from the new regional program to promote electric mobility and green hydrogen
November 17, 2022
Jamaica and Barbados are among the first in Latin America and the Caribbean to benefit from the first regional program to promote electric mobility and green hydrogen. The program aims to provide US$450 million in concessional loans and grants to nine countries, to help transition to lower carbon emissions and resilient public transportation. Source: Shared.Outlook
Wärtsilä will supply two 10MW/10MWh energy storage systems to Caribbean Utilities Company Ltd
October 5, 2022
Tech group, Wärtsilä will supply two 10MW/10MWh energy storage systems to the Caribbean Utilities Company Ltd (CUC) in the Cayman Islands. The project is CUC’s first energy storage system. Source: Renewables Now
CEMEX to implement the use of hydrogen technology at cement plant in Dominican Republic
August 24, 2022
CEMEX is set to start implementing hydrogen technology at its San Pedro De Macoris cement plant in the Dominican Republic as part of its Future In Action program. Source: CEMEX
The Ministry of Energy in Barbados launches a national energy storage policy
August 24, 2022
The Ministry of Energy in Barbados announced the creation of a national energy storage policy. Part of the policy includes mandatory storage systems for larger renewable energy supplies. Source: Barbados Today
NGC and NewGen sign a non-binding HOA to further the development of a sustainable hydrogen economy in Trinidad and Tobago
August 10, 2022
The National Gas Company of Trinidad and Tobago Limited (NGC) and NewGen Energy Limited (NewGen) signed a non-binding HOA to collaborate on developing a sustainable hydrogen economy in Trinidad and Tobago. Source: Media. NGC
Dominica signs US$33.7 million dollar contact with the Iceland Drilling Company to drill two more wells for the island’s geothermal project
August 10, 2022
The Prime Minister of Dominica signed a US$33.7 million contract with the Iceland Drilling Company to drill two additional wells for the geothermal project currently being constructed in the country. The project, developed by the Dominica Geothermal Development Company, plans to have a 10 MW capacity. Source: ThinkGeoEnergy