CREF Market News - Page 33 of 90

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 […]
Cuba solar farm to double capacity by end of May
May 28, 2020
The Cuban government has continued works to double the capacity of a 2-5.MW solar photovoltaic (PV) park in Mayajigua in the northern municipality of Yaguajay, state-owned news agency Prensa Latina reported on Saturday. The soon to be a 5-MW park will become the largest in Sancti Spiritus province. Its expansion will allow the generation of 315 […]
Bermuda solar farm proves resilience after hurricane
May 28, 2020
A new solar power farm installed on a peninsula at LF Wade International Airport has already proved strong enough to survive a hurricane. The 24,000 solar panels covering almost 19 acres on land known as “The Finger” were partially in place when Hurricane Humberto struck last September, but they survived undamaged. Saturn Solar Developments, which […]
JPS appoints new CEO
May 27, 2020
As Emanuel DaRosa’s term expires on May 30, the board of directors of JPS appointed Michel Gantois to lead Jamaica’s utility as president and CEO. Previously, Gantois led the development of a hydrogen business unit for an Australian mining company, and has a decade of experience at ENGIE as CEO for Australia, Peru, and Pakistan, […]