CREF Market News - Page 23 of 90

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 […]
Jamaica targets IRP progress, aims to procure 320MW of renewables this year
August 17, 2021
The Caribbean’s leader in renewable energy, Jamaica, is looking to procure 320MW of renewables this year as part of plans to diversify its energy sector. Jamaica’s government is working towards an ambitious Integrated Resource Plan which has established how the island intends to procure power over the next 20 years. The initiative has set a […]
Caricom countries set out COP26 outcomes
August 17, 2021
The executive director of the Belize-based Caribbean Community Climate Change Centre (CCCCC), Dr Colin Young, says the consequence for Caribbean countries will be “very dire” if the delegates to an international conference in Glasgow later this year fail to respond positively to the sixth report of the Intergovernmental Panel on Climate Change (IPCC). The IPCC’ […]
UN weather agency: millions affected by climate change and extreme weather in Latin America and Caribbean
August 17, 2021
Climate-related and geophysical events resulted in the loss of 312,000 lives and directly affected more than 277 million people in Latin America and the Caribbean, a new report released by the World Meteorological Organization (WMO) revealed on Tuesday. Source
The latest Haiti earthquake was more powerful than the devastating quake in 2010
August 17, 2021
The earthquake that struck Haiti on Saturday morning occurred on the same system of faults as the one that devastated the capital, Port-au-Prince, in January 2010. And the previous quake almost certainly made this one more likely to occur. Both quakes struck on an east-west fault line at the convergence of two tectonic plates, large segments of the […]
Caribbean must work towards renewable energy – Guyanese Minister Vickram Bharrat
August 13, 2021
Combating climate change and managing ecosystems for future generations has led to calls from Natural Resources Minister, Vickram Bharrat for the Caribbean to adopt renewable energy policies and other sustainable efforts. The Caribbean Academy of Sciences in collaboration with the University of Guyana’s 22nd biennial conference brings into focus the necessity of renewable energy and […]
Deetken Impact sustainable energy’s investee – Solar Development Panama – secures US$4 million senior loan from Banistmo
July 31, 2021
Impact Asset Manager Deetken Impact Sustainable Energy (DISE), announces that its investee company, Solar Development Panama SA (SDP), has secured a US$4 million senior loan facility from Banistmo after finishing construction and beginning to supply energy through a long term private Power Purchase Agreement (PPA). The securing of this loan aligns well with our Funds’ […]