CREF Market News - Page 37 of 90

Full steam ahead for Dominica’s geothermal plant after successful well testing
November 6, 2019
In a release last week, the Dominica Geothermal Development Company (DGDC) announces having successfully concluded the testing of its geothermal production well in Laudat. This, following news that the geothermal plant concept designs are completed, and the project is fully funded, according to Minister Ian Douglas. Currently, the DGDC is working to acquire the piece […]
Small island countries to explore marine renewables under new partnership
November 6, 2019
The Small Island Developing States (SIDS DOCK) and Naval Energies have signed a Memorandum of Understanding to support the development of marine renewable energy. Under the agreement SIDS and Naval Energies will collaborate to foster the development of Ocean Thermal Energy Conversion (OTEC), deep-sea conversion and floating offshore wind projects in small island countries. Through […]
Renewable energy makes economic sense for DR, says AES Dominica CEO
November 1, 2019
Natural gas development in the Dominican Republic gets a second take from AES Dominicana president Edwin De los Santos. While recent initiatives supported by international stakeholders would see natural gas development in the northwest region of the DR, De los Santos believes “it is not very strategic”. The United States and the Energy and Mines […]
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 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: 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. […]