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  • RUBiS Energy Jamaica will Acquire 80 Percent of Photosol France

    January 11, 2022

    RUBiS Energy Jamaica will complete a USD 422 million deal and acquire 80% of the solar energy company Photosol France. The agreement will allow RUBiS to compete in the renewable energy market in the region. Source: Power Technology

  • Barbados phases out inefficient lighting in an effort to meet its renewable energy goals by 2030

    January 5, 2022

    In an effort to achieve its goal of becoming a 100 per cent renewable energy and carbon-neutral island-state by 2030, Barbados has began the first of five phases by prohibiting the importation of any electrical lamp which emits less than 15 lumens per watt. The objective of the phase-out process is to reduce the cost […]

  • Banks look for mandates to finance Caribbean renewable energy projects

    January 4, 2022

    Caribbean commercial and investment banks, once hesitant, are now moving aggressively to finance clean energy projects across the region. Source: Jamaica Observer

  • 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

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