CREF Market News - Page 50 of 90

CABEF releases RFP to fund Caribbean RE/EE projects
September 15, 2017
The Caribbean Basin Sustainable Energy Fund (CABEF), a clean energy and energy efficiency investment and financing fund, seeks to receive project proposals from owners, developers and project sponsors seeking financing for their renewable energy and energy efficiency projects. The deadline to submit a proposal is October 15, 2017. Eligible projects for the Fund include utility-scale […]
Support CARILEC’s Recovery and Restoration Efforts in the Caribbean

From our Editorial Team
September 14, 2017
Updated September 19th 2017 We would like to extend our sincerest sympathies to those impacted by Hurricane Irma, and to those currently being impacted by Hurricane Maria. Our thoughts are with you. In light of incredibly difficult conditions in the Caribbean, we want to share how CARILEC is supporting regional recovery and restoration efforts: […]
UAE to fund renewable projects on five islands
September 13, 2017
Following the February opening of the $50m UAE-Caribbean Renewable Energy Fund, the United Arab Emirates has selected the Funds first five projects in Antigua and Barbuda, the Bahamas, Barbados, Dominica, and St. Vincent and the Grenadines. According to the UAE, the projects symbolize what renewables and partnership can offer, particularly following Hurricane Irma. Barbuda will see immediate implementation of […]
Haiti to build hybrid solar/wind power plant
August 23, 2017
Earlier this month, Haitian leaders gathered at the construction site of what will be a 160 kW hybrid diesel/wind/solar power plant – a technology first for Haiti. President Jovenel Moïse, accompanied by his Special Energy Advisor, Evenson Calixte, and the Member of Parliament for the constituency, went to the commune of Irois (Department of Grand’Anse), […]
Haiti’s new hybrid solar smart grid is largest in Caribbean
August 23, 2017
Haiti’s new hybrid smart grid project is up and running, and is already providing 450 kW of clean energy to facilities including a school, a hospital and a car repair shop. Together with the Biohaus Foundation, NPH Germany (a local charity organization), will use this hybrid smart-grid to power all of its facilities in the Haitian […]
Barbados to retrofit 13 government buildings with solar PV
August 21, 2017
The Barbados government is set to begin a $5.5 million solar rooftop project in October. Local developer, Solar Watts Systems, Inc., will retrofit 13 government buildings with solar PV, with the first install at government headquarters. Senator Darcy Boyce, who is the minister for energy, has overseen the agreement, which includes funding from the Inter-American Development […]
Puerto Rico utility to add 240 MW solar
August 21, 2017
By June 2019, Puerto Rico power utility Autoridad de Energia Electrica (AEE) will add 240MW of solar capacity. These plans were revealed in a press conference by AEE director, Ricardo Ramos Rodríguez, who noted that the capacity will be generated by large-scale PV projects built through private investment. All projects are already contracted. A further 300 […]
Battery energy storage coming to Martinique wind farm
August 9, 2017
Nidec ASI will be installing 5MW / 5MWh of battery energy storage at a utility-scale wind farm on the French island territory of Martinique, aimed at stabilising and maximising the flow of energy onto the grid. The Grand Rivière wind project, a 14MW wind farm on the Caribbean island, which comprises seven wind turbines of […]
Dominica geothermal project secures financing as plant designs expected shortly
August 9, 2017
After securing a project manager in June, Dominica’s geothermal project continues to move forward and designs for the plant are expected to be completed by Q3 2017. “In June of this year, the government of New Zealand recruited a project manager who is now engaged with DGDC,”Prime Minister Roosevelt Skerrit told legislators recently, adding “funding […]