CREF Market News - Page 56 of 90

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 […]
Jamaican and Canadian energy researchers sign MOU
April 19, 2017
Canadian support for Jamaica’s energy sector has been strengthened with the signing of a five-year memorandum of understanding (MoU) on March 13, 2017 between Ryerson University’s Centre for Urban Energy (CUE), and Jamaica-based Caribbean Energy Solutions Research Institute (CESRI). Dr Usha George, vice-president, Research and Innovation for at CUE, and Dr Gary Jackson, principal director […]
Jamaica’s electricity to be majority renewables within two years
April 19, 2017
The government is projecting that, within two years, more than half of Jamaica’s electricity demand, totalling nearly 700 megawatts, will be generated from renewable sources. According to finance and public service minister, Audley Shaw, this is based on the government’s “aggressive” approach to fuel diversification resulting in over 200 megawatts of renewable energy already being […]
Dominican Republic to commission 360 MW of renewables in 2018
April 10, 2017
The Dominican Corporation of State Electric Companies (CDEEE) announced that it has started work on eight renewable-energy projects that will provide 361.2MW of new generation capacity to the country’s grid in 2018. The announcement was made by Rubén Jiménez Bichara, executive vice president of CDEEE, during the launch of the Renewable Energy Projects Support Plan. […]