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CREF Market News

  • 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

  • Dominica

    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 […]

  • Caribbean NGO training citizens to provide safe solar PV installations

    November 5, 2021

    Green Solutions International SKN Incorporated (GSI), a Caribbean energy company and solar photovoltaic (PV) training provider, is developing the capacity of citizens across the region to provide safe, quality, solar PV installations for residential and commercial clients.   Source

  • Antigua – Barbuda, Tuvalu to seek justice for climate change damage before international courts

    November 5, 2021

    The prime minister of Antigua and Barbuda – current chair of the Alliance of Small Island States (AOSIS) and the prime minister of Tuvalu today signed an historic accord that opens the way for ground-breaking litigation before international courts. This offers a novel legal path to address the severe damage to Small Island States caused […]

  • UK, CDB to improve the energy network in Barbuda

    November 5, 2021

    The Caribbean Development Bank (CDB) approved a grant to reconstruct and rehabilitate the energy network in Barbuda. The project is being funded by the United Kingdom under its aid programme. The CDB-administered grant of GBP 2.85 million will finance the undergrounding of about half of the 16 kilometres electricity network of the island, and provide […]

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