CREF Market News - Page 56 of 90

IDB could finance waste-to-energy in Jamaica at the right price
May 10, 2017
The IDB has told Jamaica it would be willing to finance waste-to-energy, if the price is right. “We could finance waste to energy,” but “at the end of the day, it’s going to come down to the cost. I think that’s a key component which I don’t know if it has been fully analysed,” said […]
Three reasons to watch Haiti’s renewable energy sector
May 10, 2017
The conditions for investment in Haiti’s renewable energy sector are improving. On June 12-13, the Government of Haiti, with support from The World Bank and the Korea Green Growth Trust Fund, will host the Haiti Sustainable Energy Forum in Port-au-Prince to underscore its readiness for investment and provide insight into emerging opportunities. Read on for […]
Solar PV coming to Guayanese State House
May 9, 2017
Guyana awarded a tender to Swiss-based meeco Group to install a 43 kWp solar PV system on the State House in Georgetown. The Ministry of the Presidency will be equipped with a state of the art 43 kWp solar rooftop system which will be synchronised with the grid. Through a joint venture, OurSun Guyana will […]
Puerto Rico debuts largest operational solar plant in Caribbean
May 2, 2017
The Caribbean’s biggest operational solar plant has opened in Puerto Rico. The Oriana Solar Park has debuted in the area of Isabela, with an estimated production of 100,000 megawatt-hours of energy in its first year of operations. “The Oriana Solar Park is the example of the future of power generation in Puerto Rico, one that […]
Jamaica sets sights on $300m renewable energy investments
April 28, 2017
Daryl Vaz, Jamaica’s Minister of Economic Growth and Job Creation, announced that the government is targeting more than JM$ 38 billion ($300 million) in investments from additional renewable energy projects. The minister stated that Jamaica’s energy system still heavily depends on oil, “while it has become clear that the world is transitioning to a low-emission […]
Haiti’s Clean Energy Transition: The Time Has Come
April 27, 2017
Recovering from successive natural disasters, Haiti vowed to rebuild a greener, stronger, more resilient and sustainable energy sector. This implies a drastic transition of the country’s energy mix, currently relying on oil products for grid connected and autonomous power generation. The ultimate outcome will be increased access to clean, modern and reliable energy services for […]
Construction begins at Cuba’s Ciro Redondo biomass plant
April 27, 2017
A ground-breaking ceremony at Ciro Redondo sugar mill today will herald the start of construction on one of four planned biomass power plants which will add 300 megawatts to the country’s power grid. Generating electricity partly from residues of its sugar crop, the £500million scheme is seen as vital to reducing Cuba’s reliance on oil imports […]
Small scale solar in Haiti funded by regional institution
April 20, 2017
As part of a project funded by the (CPE) of Jacmel, the Sub-police station of Bassin Caïman, located at the entrance to the town of Jacmel, was equipped with a solar energy system. Prior to this, the Sub-police station faced a major problem, with access to electricity virtually non-existent in the area. Often the police […]
Regional energy partners focus on charting way forward
April 20, 2017
Energy partners in the Region met in Georgetown, Guyana, last month to assess progress and to agree on the way forward for the sector. The partners gathered for the Mid-Term Planning Meeting of the Renewable Energy and Energy Efficiency Technical Assistance Programme (REETA) held 9-10 March. REETA is the German International Cooperation (GIZ) and the […]