CREF Market News - Page 23 of 90

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’ […]
Electric mobility advances in Latin America and the Caribbean in the context of the pandemic – new UNEP report
July 30, 2021
The changes in the use of transport as a result of the COVID-19 pandemic and the national recovery plans are an opportunity for the governments and companies of Latin America and the Caribbean to accelerate the transition towards electric mobility, according to a United Nations Environment Program (UNEP) report released today. Source
U.S. Ambassador hails U.S.-Antiguan partnership on new power plant project
July 30, 2021
The United States Ambassador to Antigua and Barbuda and the Eastern Caribbean, Linda Taglialatela hailed the collaboration of American company Eagle LNG and Antiguan companies Antigua Power Company (APC) and the Antigua Public Utilities Authority (APUA) in what will be the island’s first power plant integrating natural gas infrastructure and power generation. Source
Assassination of Haitian Leader Highlights Nation’s Monopoly-Dominated Economy
July 21, 2021
The killing of President Jovenal Moïse took place against a backdrop of elite power, anticompetitive policies, and the U.S. doing little to create open markets. The power vacuum and dangerous instability in the Francophone nation result from many factors, but the American media ignore big ones, including state capture by elites, a grim monopolism that […]