CREF Market News - Page 15 of 89

GEAPP and RELAC launch collaborative initiative to increase renewable energy penetration in the Caribbean by 2030
June 29, 2022
The Global Energy Alliance for People and Planet (GEAPP) and Renewable Energy for Latin America and Caribbean (RELAC) GEAPP team up to launch an initiative that supports RELAC’s goal of increasing renewable energy proportions in the Caribbean to 70% by 2030. Source: Renews Biz
Guyana receives funds from the Norwegian Agency for Development Cooperation and the IDB to promote climate-resilient renewable energy sources
June 29, 2022
Guyana will promote climate-resilient renewable energy sources as a part of the IDB’s energy matrix diversification. The IDB will provide the island with a non-reimbursable investment financing of up to US$83 million with funds from the Norwegian Agency for Development Cooperation. Source: Caribbean National Weekly
Dominican Republic inaugurates 50 MW solar farm
June 2, 2022
The government of the Dominican Republic has inaugurated the 50 MW solar farm, El Soco. The total investment in the plant was approximately US$90 million. Source: Renewables Now
Dominica details progress on the first two well pads for a ten-megawatt geothermal power plant on the island
June 2, 2022
Dr. Vince Henderson of the Government of Dominica confirmed progress on the first two well pads for a 10 MW geothermal power plant in Laudat. The entire project will take around 18 months to complete. Source: Associate Times
Barbados will begin constructing a 10 MW solar plant within the year
June 2, 2022
The Barbados Workers’ Union, Barbados National Oil Company Limited, and Emera Caribbean signed an MoU to begin constructing a US$25 million, 10 MW solar plant at Mangrove, St. Philip, within a year. Source: GIS Barbados
The second phase of the Energy Smart Fund is open for Barbados’ companies
June 2, 2022
The second phase of the IDB-led Energy Smart Fund in Barbados is now open to micro, small, and medium enterprises across sectors, with the ability to invest US$13 million in total. Source: Barbados Loop News
CREF 2022 Industry Awards: The winners podium
May 5, 2022
THE BEST IN CARIBBEAN CLEAN ENERGY REVEALED AT CARIBBEAN RENEWABLE ENERGY FORUM New Energy Events, hosts of the Caribbean Renewable Energy Forum (CREF), the largest annual gathering of the regional energy market, announced today the 12 winners of its 4th annual CREF Industry Awards. The Awards – which recognize excellence in projects, programs and people […]
Wigton Windfarm Limited and EIC partner to supply solar energy to Jamaica’s airport
April 18, 2022
Wigton Windfarm Limited and EIC have announced a partnership to supply solar energy to Jamaica’s airport, under a joint venture agreement. Source: Jamaica Gleaner
HDF Energy acquires a 70 percent majority stake in the NewGen clean hydrogen project in Trinidad
April 14, 2022
Hydrogène de France (HDF Energy) announced that it has acquired a 70% majority stake in the US$200m NewGen green hydrogen production project in Trinidad, led by local company Kenesjay Green Ltd (KGL). KGL, the project developer, will retain the remaining 30% of the share capital of NewGen, which will be jointly owned by KGL and […]