CREF Market News - Page 45 of 90

Virgin Islands microgrid solicits RFP for O&M services
May 10, 2018
Installed 200 kW PV microgrid in St. Croix, USVI is soliciting an RFP for companies to bid O&M services. In addition to a large distributed PV array on many rooftops the microgrid is independent from the grid and includes 10+ hours of battery storage, and two standby diesel generators. Work start date no earlier than […]
Jamaica wants hydropower, could build up to 30 MW
May 2, 2018
Hydropower is getting some attention from Jamaica, who recently identified 11 potential sites for development which could contribute around 30 MW to the renewable energy portfolio. In developing it’s roadmap for the next years, also known as the Integrated Resource Plan (IRP), Jamaica set aside a special component dedicated to hydropower as an alternate source […]
Puerto Rico’s governor courts new investors to rebuild the power grid
April 26, 2018
Gov. Ricardo Rossello says Puerto Rico needs new money to rebuild the hurricane-damaged “1950s energy grid”. Rossello told CNBC on Wednesday that investment is needed from public and private sources to update the grid and help rebuild the island, advancing into energy 2.0. However, attracting new investors may prove difficult considering the island’s history of […]
Jamaican wind farm IPO set to boost local economy
April 26, 2018
The Wigton Windfarm – which made a net profit of $186 million as of March 2017 – is going public, with the help of broker Mayberry Investments Limited. The aim of the IPO is to encourage Jamaicans to become involved in the energy sector, says DBJ’s Managing Director Milverton Reynolds. “We want to widen the base of […]
Dominican Republic calls for switch to LED lighting
April 20, 2018
The Dominican Republic has called for a ban on imports of fluorescent lamp and urged state institutions to switch to more efficient light-emitting diodes, better known as LEDs. By taking on this transition to LEDs, the Caribbean island will make progress towards its commitments under the Paris Climate Agreement and the Minimata Convention on Mercury. […]
Dominica’s geothermal project will receive $17.2m from World Bank
April 19, 2018
Dominica’s 7 MW geothermal project will get an injection of $17.2 million from The World Bank. The bank’s Operations Officer, Karlene Francis, speaking at the launch of the Climate Resilience Execution Agency for Dominica (CREAD) said, “The bank is also working with the Dominica Geothermal Development Company to prepare a geothermal risk mitigation project. Geothermal energy is […]
Cuba adopts new net metering law to promote solar energy development
April 19, 2018
On March 23, the Cuban government signed Law No 345, “On the Development of Renewable Sources and the Efficient Use of Energy,” according to the local organization, Cubasolar. This law aims to increase renewable energy up to 24% by 2030, Cuba’s renewable energy goal. According to local newspaper, Periódico 26, local state-owned power company ,Unión Eléctrica de […]
St. Lucia 3 MW solar plant 90% complete, begins feeding power to grid
April 17, 2018
Just shy of fifteen thousand solar panels, the St. Lucia Electricity Services Limited (LUCELEC) 3MW Solar Farm in La Tourney, Vieux Fort is now feeding solar energy into the island’s electricity grid. This is the island’s first utility-scale solar farm. As of April 11, the entire 3 MW was online, producing its maximum output. Project Director, […]
Operations begin at 5.5 MW solar farm in Cuba
April 11, 2018
Following the inauguration of the first solar park in the Cuban province of Ciego de Ávila – a 4.4 MW farm which begun operations in January – a second plant has begun operations. The 5.5 MW plant, located in the municipality of Chambas, was synchronized to the SEN at the beginning of February and contributes […]