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CREF Market News

  • MPC Caribbean Clean Energy assessing impact on tariff reduction at its Costa Rican associated company, Tila Wind

    March 24, 2021

    Jamaica and Trinidad cross listed company MPC Caribbean Clean Energy Limited is now assessing the commercial impact of the Costa Rican light and power company reducing the tariff on energy produced by its associated renewable energy company in that country, Tila Wind Corporatión S A, which trades under the name Tilawind. Source

  • RFP for new natural gas-fired generation in the Dominican Republic

    March 15, 2021

    The Dominican government just launched today the RFP for new natural gas-fired generation, through the three state-owned energy distribution companies, EDENORTE, EDEESTE Y EDESUR, as off-takers, in coordination with the Ministry of Energy and Mines. Under the supervision of the Superintendence of Electricity, the entities are calling for bids for the purchase of energy through […]

  • Trinidad and Tobago Prime Minister opens NiQuan Energy’s GTL plant

    March 12, 2021

    NiQuan Energy’s gas to liquids (GTL) plant at Pointe-à-Pierre has been opened by the Prime Minister of Trinidad and Tobago, Dr Keith Rowley. The plant has a nameplate capacity of 2400 bbl/d and produces high performance, low emissions energy products, GTL paraffin diesel and GTL naphtha, from natural gas. Source

  • Prioritizing the role of women in building clean and decarbonized economies across Latin America and the Caribbean

    From our Editorial Team

    March 3, 2021

    Why women working in the energy sector will play a vital role in LAC’s economic recovery Even before COVID-19, the promise of full gender equality remained unfulfilled in Latin America and the Caribbean despite the fact that women in the labor force improves competitiveness. By one analysis from McKinsey & Company, published prior to the […]

  • LAC energy experts analyze demand with IAEA support

    February 26, 2021

    Energy planning and analysis will be essential in the clean energy transition, and the International Atomic Energy Agency’s energy modeling tools apply to all energy systems, regardless of whether or not they include nuclear power.   Source

  • Akuo powers up 1.5-MWp solar plant at Caribbean resort in Dominican Republic

    February 26, 2021

    French renewable power supplier Akuo Energy has announced the official opening of a 1.5-MWp solar array it installed for a prominent resort in the Dominican Republic.   Source

  • Aruban resort begins solar powered transformation

    February 25, 2021

    The Manchebo Beach Resort and Spa in Aruba has taken a major step in its green journey with the launch of a new solar panel project.  The resort, which has been Green Globe Certified for years, has installed 100 kWh of solar panels, enough to generate 20 percent of its electricity from solar energy.   […]

  • 5 ways to decarbonize national oil companies in Latin America and the Caribbean

    February 17, 2021

    By: Paola Carvajal, Javier García, Carlos Sucre and Christiaan Gischler, IDB The global hydrocarbon industry has been a long-time pillar of energy systems supplying in 2018 around 54% of global primary energy. This supply comes at a high cost in terms of carbon emissions as it accounted for 56% of the planet’s carbon dioxide emissions […]

  • Knee deep in a COVID-19 stricken economy, why should the Caribbean accelerate investment in sustainable energy

    February 16, 2021

    Despite the prevailing economic climate, we cannot halt the Caribbean’s energy transition when sustainable energy presents a viable and lasting solution to our economic challenges, writes Dr. Gary Jackson, Executive Director at the Caribbean Center for Renewable Energy and Energy Efficiency.   Source

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