CREF Market News - Page 38 of 90

One year on: What do we know about the Caribbean Climate-Smart Accelerator?

From our Editorial Team
June 3, 2019
The Caribbean Climate-Smart Accelerator, formed in response to the 2017 hurricane season, is an entrepreneurial engine, setting an ambitious agenda to create the world’s first “climate-smart zone”. The coalition, which includes 26 countries and over 40 private and public sector partners, seeks to catalyze transformative investments and partnerships across priority areas including clean energy, resilience, […]
Deetken Impact forms partnership with Sustainable Energy Central America to manage clean energy funds
May 3, 2019
Deetken Impact and Sustainable Energy Central America (SECA) have formed a strategic partnership for the management of two renewable energy funds, the Honduras Renewable Energy Financing Facility (H-REFF) and the Caribbean Basin Sustainable Energy Fund (together, the “Funds”), as well as future funds focused on the renewable energy sector in Latin America and the Caribbean. […]
Nine Caribbean renewable energy trends to watch in 2019

From our Editorial Team
January 25, 2019
The Caribbean energy sector has undergone a transformation nobody could have anticipated. Following the hurricanes in 2017, many island governments made the decision to double down on commitments to a clean, resilient energy portfolio, with a renewed sense of urgency and a steadfast cast of supporting actors to assist. 2018 also welcomed new stakeholders to […]
Eastern Caribbean geothermal program expands to $86.5m
December 18, 2018
The Sustainable Energy Facility for the Eastern Caribbean (SEF-Expanded) is designed to reduce the financial, technical, and institutional barriers to geothermal energy development in five Eastern Caribbean nations: Dominica, Grenada, St. Kitts and Nevis, ST. Lucia, and St. Vincent and the Grenadines. Released in 2015, the SEF originally totalled $71.5m, but a recent injection of […]
U.S. allocates $2 million to spur investment in Caribbean energy sector
October 2, 2018
The United States Department of State spokesperson, Ms.Heather Nauert, announced that $2 million had been committed to the Caribbean Energy Security Initiative with the aim of fostering investment in the private sector. The initiative will identify projects where U.S. investment can spur further private sector investment “throughout the Caribbean energy sector”, she said in a […]
UAE-Caribbean Renewable Energy Fund to provide $34.5 million in grants
October 1, 2018
Dr. Thani bin Ahmed Al-Zeyoudi, UAE’s Minister of Climate Change and Environment confirmed the UAE will be providing $34.5 million in funding for renewable energy projects in the Caribbean located for enhanced resilience, and with technologies designed to withstand Category-5 hurricanes. This new funding is an addition to the $15 million in projects announced last […]
BarberWind Turbines launches new weather resilient design
October 1, 2018
The innovative wind technology company BarberWind Turbines announced the launch of its BTW 800kW in Grand Cayman, at the Caribbean Transitional Energy Conference. The turbine is designed to provide electricity to the distributed generation market, and is “especially interesting to Caribbean island nations”, said the company’s press release, due to its built-in lifting system and […]
Renewables developer Neoen announces €450 million IPO
September 26, 2018
Neoen, one of Europe’s largest renewable energy developers, announced its plans for a €450 million IPO, to expand its 2GW portfolio of clean assets to 5GW by the end of 2021. Its current activity is in wind, solar, and energy storage projects.. Neoen is developing the 37 MW solar project in Jamaica, currently in construction […]
Puerto Rico trade mission to Trinidad and Tobago to strengthen CARICOM
September 26, 2018
Eleven companies from Puerto Rico, representing sectors from asset management and executive protection, to food and beverage, and refrigeration services, visited Trinidad and Tobago this week as part of a trade mission. As the Caribbean Basin Initiative, which governs the trade arrangements between the U.S. and CARICOM, expires at the end of this year, the […]