CREF Market News - Page 39 of 90

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 […]
European Commission approves €40 million for Caribbean sustainable energy
September 26, 2018
The European Commission has just approved the budget for the 11th European Development Fund (EDF) Caribbean Regional Programme. The programme will focus on sustainable energy, marine biodiversity, and enhancing resilience to extreme recurrent natural events. This funding aims to promote environmentally sustainable economic development in the region and build a more unified resilient Caribbean. The […]
Barbados government committed to going green
September 26, 2018
The Barbados government showed further commitment to their goal of being a 100% green and carbon neutral island by 2030 by taking tangible steps to promote sustainable energy practices within the public sector, as announced by Wilfred Abrahams, Minister of Energy and Water Resources. The announcement was made at the installation of the first solar […]
Aruban beach resort named ‘world’s most sustainable’ is now carbon neutral
September 26, 2018
The Bucati & Tara resort was just certified carbon neutral, the first in the Caribbean to receive the distinction. The company reduced their greenhouse gas emissions, and offset remaining emissions with carbon credits through its Vader Piet wind farm. Other sustainable practices include offering reusable water canteens to guests, reducing food waste, and providing energy […]
International mission visits Dominican Republic’s first solar plant
September 20, 2018
Monte Plata Solar has been operating for 2 years as part of the national energy system, and with a nominal capacity of 30 MW, it supplies energy to 25,000 homes. The plant is also built to withstand the force of a Category 4 hurricane. The projec received its initial funding of $55 million from the […]
Strategic partnership update for solar and microgrids in Puerto Rico, USVI
September 20, 2018
EnerDynamic Hybrid Technologies Corp (EHT), CAT5 Solar and Microgrids (CAT5), and Danosa Caribbean Inc. (DCI) have formalised their joint venture agreement, and will distribute EHT panels and OutBack equipment in Puerto Rico and the US Virgin Islands. EHT is a company which delivers intelligent, bankable and sustainable products, with full integration of smart energy solutions. […]
Guyana and Trinidad and Tobago to share details of energy agreement
September 20, 2018
Guyana President, Mr. David Granger, announced the soon-to-be-signed Memorandum of Understanding on Energy Sector Cooperation is not a secret document and he would ask for it to be made public. The MOU is “consistent with our rights and obligations within CARICOM, said Mr. Carl Greenidge, Guyana’s Minister of Foreign Affairs, “and in keeping our relationship […]