CREF Market News - Page 22 of 90

Barbados pursues ‘Norwegian model’: going green at home and drilling for oil
September 24, 2021
The Caribbean nation of Barbados is pursuing what a key official called the “Norwegian model” by exporting oil and gas while cleaning up its own cars and electricity production. The government recently submitted plans to the UN to make 100% of its cars run on electricity or alternative fuels and to get 95% of its […]
Guyana’s role in the emerging green energy transition
September 24, 2021
At a recent offshore oil & gas conference in Houston, Guyana’s foreign minister said that the country’s economy is expected to grow 500% by 2030. Guyana’s current US$6.8 billion real GDP would ignite to nearly US$35 billion dollars, about the size of Paraguay, who has nine-times the population of the former British Colony. Per capita, […]
Global energy firm plans big solar plant in Jamaica
September 24, 2021
Europe-based global clean energy firm MPC Energy Solutions, which is listed on the Oslo Stock Exchange in Norway, is reporting that it has leased several acres of land in Jamaica as part of a major project to develop a 72.5-megawatt, MW, solar power plant here. MPC Energy focuses on sustainable energy infrastructure and runs green […]
United States to assist LAC increase renewable energy capacity
September 24, 2021
The United States announced that it would provide assistance to Latin America and the Caribbean so as to significantly increase renewable energy capacity across the region by 2030. The first ever United States Special Presidential Envoy for Climate, John Kerry, told a virtual High-Level Dialogue on Climate Action in the Americas that Washington is hoping […]
Deetken Impact Sustainable Energy announces its first investment in solar energy in Jamaica with Soléco Energy
September 15, 2021
Impact asset manager Deetken Impact Sustainable Energy (DISE), is thrilled to announce its first investment in solar energy in Jamaica. An investment sponsored by woman-led Soléco Energy. DISE’s investment is carried out through its two renewable energy managed Funds, H-REFF (Honduras Renewable Energy Financing Facility) and CABEF (Caribbean Basin Sustainable Energy Fund), that co-invest in […]
A regional agreement for healthy eco-systems in Latin America and the Caribbean
September 10, 2021
Five Nations including Costa Rica – the country where the Escazú Agreement was adopted – announced publicly working towards a proposal for UN Human Rights Council to recognize globally the right to a clean, safe, healthy and sustainable environment writes Claudia Ituarte-Lima. In her op-ed she says that the only way for the region to […]
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 […]