CREF Market News - Page 33 of 90

Guadeloupe launches three tenders for geothermal energy
June 12, 2020
The French Environment and Energy Management Agency (ADEME) has launched three tenders on regional geothermal development in Guadeloupe, Caribbean with a planned Caribbean Geothermal Centre of Excellence. Operational implementation of the Caribbean Centre of Excellence in Geothermal, based in Guadeloupe Study of the content and how to implement the training programme provided through the Caribbean […]
Record lows in Bermuda’s power consumption due to solar, storage and energy efficiency
June 12, 2020
Since peak energy was reached in 2009, residential consumption has fallen by 14 per cent and commercial usage has dropped by 20 per cent, and today Bermuda’s power consumption has dropped to its lowest level in 20 years The reduction meant that Belco’s annual output of energy has dipped below 600 million kilowatt hours for […]
IDB Invest to prioritize delivery of renewables with green transmission line certifications
June 12, 2020
IDB Invest, the private sector arm of the Inter-American Development Bank (IDB), will be issuing the first certifications of green transmission lines (GTLs) in the world, the bank said on Friday. Certification can be given to projects in their initial stages as well as transmission lines currently in operation. They have to be transporting renewable […]
Colombia eases renewable energy development with addition of private service ports
June 12, 2020
In a move set to ease restrictions for the movement of imported renewable energy equipment, the Colombian energy ministry announced that private service ports will be allowed to receive and handle imported equipment destined for renewable energy projects in the country. Private ports have been given the special green light through a resolution by the […]
Jamaican airport installing 1 MW solar rooftop
June 12, 2020
One of Jamaica’s largest airports is building a 1 MW solar plant, with plans to increase to 3 MW. MBJ Airports Limited, which manages Sangster International Airport, SIA, expects to reduce its electricity bill by 11 percent through a US$1.2 million solar energy project. MBJ Airports said the 1 MW solar plant would be installed […]
Barbados to launch biofuels program
June 12, 2020
Demonstrating its commitment to investing in the Blue Economy, Barbados has announced the launch of a biofuel drive, to come on stream this year. Barbados National Oil Company Limited (BNOCL) Renewable Energy Officer and Advisor to the Minister of the Blue Economy, Mark Hill, made the announcement at a display of the Aquamarine harvester, recently […]
Jamaica building islandwide EV charging network
May 28, 2020
Emanuel DaRosa, the outgoing president and CEO of Jamaica Public Service, JPS, will leave as the company starts setting up an islandwide electric vehicle-charging station network. “This year, you will be able to travel all across the island and never be more than 40 kilometres from a charging station. EVs will transform our lives as […]
Puerto Rico nuclear future up for debate with new feasibility study released
May 28, 2020
Results from a study on the feasibility of nuclear energy in Puerto Rico show that nuclear energy is not out of reach for the Caribbean island. The Nuclear Alternative Project (NAP) published its study on the feasibility of nuclear reactors in Puerto Rico, which Power Technology summarized with four points: Small nuclear reactors can integrate […]
Trinidad and Tobago receives $5m grant for low-carbon cooling technologies
May 28, 2020
The Ministry of Planning Development said a US$5 million grant has been awarded for a national project on the development of low-carbon refrigeration and air conditioning technologies. In a statement issued Thursday, the ministry said the US$5.21 million grant is the largest-ever grant-funded project under the Global Environmental Facility (GEF) awarded to Trinidad and Tobago. The […]