CREF Market News - Page 39 of 89

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 […]
Guyana Energy Ministry unlikely before 2020
September 20, 2018
President David Granger announced that his plans for a Ministry of Energy may not be realised before 2020. The recently established Department of Energy would be responsible for preparing the transition to a fully-fledged ministry. Once the ministry is established, it will be tasked with regulation and monitoring of Guyana’s energy sector. Source
Cayman Islands look to electric vehicles to achieve renewables targets
September 20, 2018
The Cayman Islands’ National Energy Policy aims to achieve a target of 70% renewable energy by 2037. Infrastructure Minister, Mr Joey Hew, is optimistic this target will be met, helped by the small steps the government is making to promote and use the renewable energy sources in and around the islands. The latest policy aims […]
Antigua and Barbuda green lights the stalled solar and storage project
September 20, 2018
A solar PV and grid-stabilising energy storage facilities project in Antigua and Barbuda will go forward, led jointly by clean energy provider PV Energy, and state-owned utility APUA, and supported by the Citizenship by Investment Unit. The project will help realise the goal of ensuring environmental sustainability in Antigua and Barbuda. The Green Antigua and […]
New plan in Bahamas to move renewable energy “beyond talk”, focus on IRP
September 18, 2018
The Bahamas Government’s National Energy Plan (NEP) aims for 30% of the nation’s power to be provided through renewable energy by 2030. Currently, Mr. Guilden Gilbert, Vice-President of Alternative Power Solutions (APS) Bahamas argues this target will be extremely difficult to meet without an Integrated Resource Plan (IRP) that sets out a “framework” which aligns […]
For Puerto Rico, how many stakeholders are too many? Former energy regulator considers island’s recovery and future
September 13, 2018
Jóse Román Morales, former Chairman of Puerto Rico’s Energy Commission, sat down with New Energy Events recently and shared his views on the resilience of the newly reconstructed grid, impediments to investment, and the independence of the new Energy Bureau. Do you believe that Puerto Rico’s reconstructed grid is better able to withstand and recover […]
Proposed law would enable Puerto Rico, USVI to build offshore wind
September 7, 2018
A bill that would enable U.S. territories to build offshore windfarms has been approved by the Committee on Natural Resources and moved to the full House of Representatives for consideration. All members of Congress representing U.S. territories have voiced their support for the bill. Tim Charters, of the National Ocean Industries Association (NOIA) called the […]