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CREF Market News

  • Jamaica launches feasibility study for sustainable aviation fuels

    January 22, 2026

    Jamaica has launched a Sustainable Aviation Fuels (SAF) Feasibility Study to explore the country’s potential for cleaner aviation. Managed by ICF, the study will assess feedstocks, infrastructure, aviation demand, export opportunities, and the policy and investment environment, while addressing cost and scalability challenges. The initiative, announced at the Jamaica Civil Aviation Authority in Kingston, supports […]

  • Guyana to develop three solar parks in Region 10 with 15 MW capacity

    January 22, 2026

    Guyana plans to build three large-scale solar parks in Region 10, totaling 15 MW and supported by at least 22 MWh of battery storage. Valued at US$22.6 million, the projects are being constructed by a Chinese joint venture and are expected to connect to the grid by early 2027. These parks are part of the […]

  • Belize seeks consultant for 40 MW solar and 20 MW battery storage project

    December 18, 2025

    Belize has launched a tender for a consulting firm to support a 40 MW solar power project paired with a 20 MW/80 MWh battery energy storage system. The consultancy will handle feasibility studies, conceptual design, and preparation of EPC tender documents. Financing is provided by the Saudi Development Fund. Expressions of interest are due by […]

  • Acciona launches 162.6 MWp Cotoperi Solar Complex, the largest PV installation in Central America and the Caribbean

    December 4, 2025

    Acciona has inaugurated the 162.6 MWp Cotoperi Solar complex in the Dominican Republic, now considered the largest photovoltaic installation in Central America and the Caribbean. Consisting of three linked plants and over 280,000 panels, it will produce around 286 GWh annually, which is enough to power more than 166,000 homes. Source: PV Magazine LATAM

  • Dominican Republic’s 60 MWp Payita 1 solar plant earns gold standard certification from Ecoener

    November 20, 2025

    The Payita 1 solar plant in the Dominican Republic, with 60 MWp capacity and expected annual generation of 127 GWh, has received Gold Standard certification from Ecoener for its verified CO₂ emission reductions. Source: PV Magazine LATAM

  • Puerto Rico’s iPR Pharmaceuticals launches US$9.7 million Bio solar park in Canóvanas

    November 6, 2025

    Puerto Rico’s iPR Pharmaceuticals inaugurated its Bio Solar Park in Canóvanas featuring 3,709 solar panels and a 2 MW battery system, with a US$9.7 million investment. The project generates energy equivalent to about 330 homes and supports the pharmaceutical plant’s operations, which produce medications for export to over 120 countries. The Bio Solar Park builds […]

  • Guyana inaugurates largest solar-and-storage plant under low carbon development strategy

    November 6, 2025

    Guyana has inaugurated its largest solar-plus-storage facility, the Onderneeming plant, featuring 5 MWp of solar capacity and 7.5 MWh of battery storage. Funded through the Guyana-Norway forest conservation partnership, the US$10.4 million project increases the Essequibo coast’s power capacity to 22.5 MW. The plant is part of Guyana’s $83.8 million Utility-Scale Solar Photovoltaic (Guysol) Program, […]

  • Barbados to launch 60 MW battery storage and onshore wind project tenders as part of US$9.5 billion energy transition plan

    October 24, 2025

    Barbados is moving forward with its national energy policy and resiliency plan, with an RFP for up to 60 MW of battery energy storage systems (BESS) set to be issued by the end of the month, according to Energy Minister Lisa Cummins. The projects will be built, owned, and operated by private developers, alongside plans […]

  • Martinique to host the Caribbean’s first offshore floating solar project with SolarinBlue partnership

    October 9, 2025

    The Grand Port Maritime of Martinique has partnered with French developer SolarinBlue to create Soley Blé, the first offshore floating solar project in the Caribbean. Located near the Pointe des Grives terminal in Fort-de-France Bay, the 1–4 MWp project will enhance the port’s energy independence and reduce its carbon footprint as part of Martinique’s broader […]

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