CREF Market News - Page 22 of 90

Inter-American Dialogue launches task force on climate change in the Northern Triangle
September 10, 2021
The Inter-American Dialogue has launched a task force to tackle climate change in the Northern Triangle. The countries of Central America’s Northern Triangle (El Salvador, Guatemala, and Honduras) are among the most vulnerable in the world to the severe and mounting impacts of climate change. Hurricanes regularly strike the region, compounding preexisting humanitarian and economic […]
MPC Energy Solutions selects EPC contractor for the construction of new 21 MW solar power plants in El Salvador
September 7, 2021
MPC Energy Solutions has selected ISOTRON SA, part of Spanish Grupo ISASTUR, as EPC contractor for the construction of its Santa Rosa & Villa Sol solar photovoltaic (PV) plants in El Salvador, which have a combined capacity of 21.07 MWp. The construction will commence in September upon financial close with the project financing lender. The […]
Costa Rica seeks to gain offshore wind knowledge
September 7, 2021
The Global Wind Energy Council (GWEC) said on Wednesday that it is working together with Costa Rican energy agencies to establish a route for offshore wind development in the Central American country. The trade association is implementing this joint initiative with the Ministry of Environment, Energy and Environmental Quality of Costa Rica (MINAE) and the […]
Building a microgrid that stands its ground in the storm-tossed Caribbean
September 1, 2021
Microgrids act as an alternative, incorporating cleaner fuel sources, such as solar, and cutting the costs of fuel from diesel. Equally important, new microgrids are being designed to operate through the islands’ fierce, hurricane winds and heavy rains across the Caribbean. Source
Caribbean, Central America solar development advances
September 1, 2021
Various companies across Central America and the Caribbean reported advances in developing solar capacity in the region. The report highlights the Dominican Republic’s national energy commission (CNE) has authorized photovoltaic resource studies for four solar projects which hold provisional concessions. It also highlighted the provisional licenses granted in Panama to Argentum Solar and Caldera Energy for […]
LUMA Energy says grid stabilization work has begun
September 1, 2021
Following a power outage that affected more than 100,000 people across Puerto Rico, LUMA Energy said it had begun work to stabilize the island’s grid, El Vocero reported. Source (in Spanish)
Evergo projects 500 electric charging stations in Dominican Republic by close of 2021
September 1, 2021
With more than 300 charging stations for the latest electric vehicles, Evergo, a subsidiary of the parent company InterEnergy Group, plans to close the year with 500 stations in the national territory. “Ahead of the future of electric mobility in the Dominican Republic, with the deployment of the most extensive network in the region, Evergo […]
Policy action for climate resilient energy systems in small islands vulnerable to hurricanes
August 25, 2021
With over 30 storms named, 2020’s Atlantic hurricane season was the most active on record and the tenth consecutive year with eight or more billion-dollar disasters. Caribbean consistently ranks as one of the regions most vulnerable to climate change and is prioritizing adaptation measures and infrastructure that may reduce the costs of climate-related disasters and build […]
EU donates $16 million for solar panel project
August 17, 2021
European Union through the Global Climate Change Alliance Plus (GCCA+) program has donated €2.4 million or TT $16 million to Trinidad and Tobago for Solar Photovoltaic (PV) solar panels. As part of the initiative, 12 recipients were given grants for the installation of small-scale roof-mounted solar panels to be used to supply energy for power […]