CREF Market News - Page 42 of 90

Solar company boosting residential energy independence in Puerto Rico
July 4, 2018
Sunrun, an American solar company, will work with local companies to help distribute energy storage, solar systems and batteries to local homes. The company has said that the batteries will be particularly helpful for private homes as they can be installed in one day, recharge daily and hence provide clean, constant and reliable energy […]
Antigua and Barbuda signs contract for 10 MW solar, wind and energy storage system
June 29, 2018
The government of Antigua and Bermuda signed a contract with the Cayman Islands firm GreenTech Solar to deliver the largest renewable energy contract in the country’s history, valued at US $20 million. The 10 MW solar, wind and energy storage system will be twice the scale of the Lake Destiny solar farm in Bodden Town. […]
AltE to host a solar installer conference in Puerto Rico this August
June 29, 2018
Due to the rising demand for solar projects and products, the solar energy company altE, has announced its largest solar conference of solar installers and dealers in mid-August in Dorado, Puerto Rico. The conference will offer new skills for installers and display new products available for the market, and will also train and certified […]
Solar + Hydrogen energy storage project to be built in French Guiana
June 29, 2018
Hydrogene De France (HDF) has announced an innovative large-scale energy storage project in French Guiana. The CEOG project will provide affordable, reliable and 100% renewable energy to more than 10,000 households in a region facing delivery issues. The project will be backed by a EUR 90 million investment from the company, investors, and leading banks. […]
Puerto Rico’s governor signs law for partial privatization of PREPA
June 21, 2018
On Wednesday this week, Puerto Rico Gov. Ricardo Rosselló signed a bill to partially privatize the utility Puerto Rico Electric Power Authority (PREPA). The law intends to sell power plants and make a concession of its transmission and distribution system, which could potentially impact the PREPA’s $8.9 billion in outstanding debt. Money from sales would […]
Saint Lucia’s hotel industry wants a piece of renewables boom, urges government to change the law
June 20, 2018
Saint Lucia is making headway towards its renewable energy goals with the approaching commissioning of the 3MW solar farm (which will meet 10% of the 35 percent by 2025 target), but another group could help the island with its goals. The Saint Lucia Hotel and Tourism Association has urged the government to allow hotels and […]
Regulatory reform in Panama aims for 70% renewables by 2050
June 20, 2018
Panama’s power system is critical in achieving the renewable energy goals of the country. The government has outlined recommendations in a report which calls for amendments to the country’s regulation of the Power Purchase Agreements (PPAs). This change will have the objective to increase the use of renewable energy, including solar and wind. It will […]
Jamaica’s renewables push brings economic stability
June 18, 2018
The Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, has argued that the decision to move towards a diversified energy economy has made Jamaica less susceptible to the volatility of oil prices in the global market. The minster stated that new LNG, wind and solar projects will provide a total of 410 megawatts […]
The Bahamas aims to incorporate 30% of renewables into the national grid by 2030.
June 18, 2018
The Ministry of Environment and Housing in the country is working on a plan which will make renewable energy mandatory for the construction of new homes from the Government Subdivisions. This policy will have the objective to bring greater residential energy while promoting and enhancing sustainable development. Romauld Ferreira, the Minister of Environment and Housing, […]