CREF Market News - Page 19 of 90

IDB closes year with nearly US$20 billion in new financing for the Caribbean and Latin America
December 28, 2021
The Inter-American Development Bank (IDB) and its private-sector arm, IDB Invest predict they will end 2021 with $19.5 billion in new investments for Latin America and the Caribbean. The financing is the second-highest annual total in the history of the organizations. The investments have helped countries start to recover from the pandemic and shift towards […]
KBR Awarded Study to Support Green Hydrogen Growth in Trinidad and Tobago
December 28, 2021
The Inter-American Development Bank is set to finance a study awarded to KBR with the objectives to establish a green hydrogen market in Trinidad and Tobago. The aim of the study is to identify development opportunities in a low carbon economy with the creation of a plan to get to Net Zero through technological innovation. […]
U.S. firm Eagle LNG signs deal to set up Aruba receiving terminal
December 20, 2021
U.S. firm Eagle LNG Partners signed a long-term contract to set up a $100-million liquefied natural gas (LNG) receiving and regasification terminal in Aruba with domestic power and water utility WEB Aruba, the companies said. The Aruba LNG terminal, located at Refineria di Aruba, the site of an idled refinery in the city of San […]
Spain’s Dominion Energy, Bas unveil 50-MW solar project in Dominican Republic
December 9, 2021
After a year of building in the Dominican Republic, Spanish renewables developers Dominion Energy SL and its affiliate Bas Projects Corporation SL unveiled their 50-MW solar farm, El Soco. Development is still underway, but Bas Projects Corporation CEO Emilio Martinez told local media that the El Soco plant could be connected to the grid in […]
Guyanese to be trained to function in low-carbon economy
November 26, 2021
As Guyana positions itself for a sustainable future, Guyanese will have to be properly trained how to function in a low-carbon economy. This is outlined in the government’s expanded Low-Carbon Development Strategy (LCDS), which points to the importance of education, the need for academic institutions to build resilience, and the need to be able to […]
Seabased signs site deal for 40-MW wave energy project in Bermuda
November 26, 2021
Wave energy company Seabased announced that it has signed an agreement with the Bermuda government to advance on the development of a 40-MW commercial ocean wave power park. Once completed, the project would feed into the island’s grid and meet about 10% of Bermuda’s energy demand. Source
Evergo Jamaica to add 300 EV stations
November 18, 2021
Evergo Jamaica has earmarked US$1 million for the second phase of its installation of electric vehicle (EV) charging stations across the island. Source
British Virgin Islands Electricity Corporation issues a request for qualifications for a renewable energy microgrid
November 11, 2021
On November 8, 2021, the BVIEC issued an RFQ for qualified companies to express their interest in providing engineering, procurement and construction (EPC) services for a microgrid in Paraquita Bay, which will include solar PV, battery storage, power management systems and a substation. Source
Kenesjay signs MoU with Dominica at COP26
November 11, 2021
Local green energy company, Kenesjay Green Ltd (KGL), has signed a Memorandum of Understanding (MoU) with the Climate Resilience Execution Agency for Dominica (CREAD) to explore the development of green project opportunities in Dominica, especially those that would leverage the island’s geothermal resources. The companies announced the MoU last week during the Glasgow Climate Change […]