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CREF Market News

  • Turks and Caicos signs MOU, plans to accelerate clean energy transition

    October 31, 2019

    The government of the Turks and Caicos Islands, utility FortisTCI and the non-profit Clinton Foundation inked a memorandum of understanding (MoU) on Wednesday to kick off the initiatives in the country’s new energy transition strategy. The Resilient National Energy Transition Strategy covers the period between 2019 and 2040 and was authored by the Ministry of […]

  • Barbados pursues renewable energy cooperative

    October 29, 2019

    In a recent address at the Co-operative Societies meeting, the Barbados government highlighted the need for a renewable energy cooperative to be established in the country, to allow local ownership of renewable energy projects, among other benefits. The model proposed would allow Barbadians to have a 30 percent stake in all foreign-owned renewable energy, energy […]

  • Barbados and Trinidad sign gas exploration agreement

    October 29, 2019

    Barbados and Trinidad and Tobago have signed an MOU for gas exploration in a shared economic zone. Barbados Prime Minister, Mia Mottley, said the MOU is a commitment to cooperate in energy exploration in the offshore of both territories. “Its only binding feature relates to the confidentiality of the data which we will access, and every […]

  • CREF 2019 Awards - Group Photo

    CREF 2019 Industry Award Winners Announced!

    October 17, 2019

    THE BEST IN CARIBBEAN CLEAN ENERGY REVEALED AT CARIBBEAN RENEWABLE ENERGY FORUM The Caribbean Renewable Energy Forum (CREF), the largest annual gathering of the regional clean energy market, today announced nine winners of its third annual CREF Industry Awards. The winners were recognized on stage at the 11th CREF proceedings in Miami. New Energy Events, […]

  • IRAC 2019

    IRAC: Highlights from 2019

    October 16, 2019

    Re-live some of the highlights of the 2019 Island Resilience Action Challenge (IRAC) by watching the reel below. Bravo to the winning task force who is charged with creating a regional, blended, financial fund for climate-resilient infrastructure! We look forward to supporting you throughout the year.

  • Jamaica’s 51.5 MW Paradise Park solar project begins operations

    October 3, 2019

    Neoen, one of the world’s leading renewable energy independent power producers and the majority shareholder in Paradise Park, a 51.5 MWp PV farm based in Westmoreland, Jamaica, together with the solar park’s co-shareholders, Rekamniar Frontier Ventures and MPC Caribbean Clean Energy Fund, is today announcing the energization and commencement of its operations at the plant. […]

  • Jamaica selects bidder for Schools Energy Efficiency and Solar project

    October 3, 2019

    A new energy efficiency and solar energy project – expected to reduce the electricity cost to pulbic schools by up to 70 per cent – is one step closer to coming online. A bidder has been selected for the Schools Energy Efficiency and Solar Energy Public-Private Partnership pilot project, and is now awaiting final approval […]

  • Barbados lays out “ambitious but doable” renewables roadmap to 2030

    October 3, 2019

    Barbados is gearing up for big policy changes to enable renewable energy growth. The push towards making Barbados into a green energy nation in the next decade, took a major step today with the Prime Minister laying out an “ambitious” but “doable” road map to the 2030 goal, according to key observers who gave cautious […]

  • Jamaica’s net billing program sees continued growth

    October 3, 2019

    Jamaica’s net billing facility is growing – signifying a successful growth sector for renewables on the island. Since the 2012 program launch, there are now a total of 800 licenses for net billing that have been issued to power suppliers – seventy since the beginning of 2019. Minister of Science, Energy and Technology Fayval Williams […]

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