CREF Market News - Page 59 of 90

CDB and IDB strengthen partnership
February 23, 2017
The Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) have signed a memorandum of understanding (MOU) to strengthen their ongoing partnership in addressing the Caribbean’s development priorities. Through the MOU, signed at the IDB’s headquarters in Washington, D.C. on February 21, 2017, both institutions have renewed their commitment to collaborating on programmes and […]
Dutch Caribbean pushes islands to be majority renewable powered
February 22, 2017
St. Eustatius and Saba, islands of the Dutch Caribbean, are boldly pushing their island systems to be solar and wind powered. In St. Eustatius, a solar field is being expanded and at the projects completion in September, solar energy will generate 46% of the island’s electricity. Wind energy is under assessment and if added could take […]
UAE-Caribbean renewables fund opens first application cycle
February 15, 2017
The UAE-Caribbean Renewable Energy Fund, announced last month at the IRENA General Assembly, has released guidelines and officially opened applications for the first cycle of funding. The government of the United Arab Emirates (UAE) is supporting renewable energy projects in Caribbean islands through $50m in grants, with two key objectives: Increase the use and resilience […]
Barbados to get solar panel manufacturing plant and solar farm
February 15, 2017
General Secretary of the ruling Democratic Labour Party (DLP) is welcoming the recent announcement from Canadian-based energy company Deltro, that it will be operating a solar panel manufacturing plant and solar farm in this country. According to General Secretary, George Pilgrim, the initiatives are a representation of the policy of the Freundel Stuart-led Government to […]
Cuba and South Korea commit to renewable energy
February 13, 2017
South Korea will strengthen cooperation in the renewable energy sector with Cuba as part of a knowledge-sharing program for the Caribbean country, the South Korean finance ministry said today. In a South Korea-Cuba forum held in Seoul, the two countries discussed ways to encourage South Korean companies to make inroads into the Cuban energy market, […]
Jamaica to expand energy efficiency program
February 13, 2017
An expanded energy efficiency and conservation project aimed at consolidating the implementation of the National Energy Policy 2009-2030 will be launched by Jamaica’s Ministry of Science, Energy and Technology this fiscal year. The project, which will be undertaken in partnership with the Petroleum Corporation of Jamaica, also aim to make the public sector a model […]
Caribbean Community wants government to lead on energy
February 9, 2017
The Caribbean Community reports that participants at a recently concluded high level forum want energy to be placed squarely before the Caribbean Community (CARICOM) Heads of Government to generate speedier action and firmer commitments to the transition to renewables. The general thinking at the Fifth Caribbean Sustainable Energy Forum (CSEF V) held from 23 – […]
Jamaica’s first utility scale solar plant is complete
February 9, 2017
In a significant step for Jamaican renewable energy, Global Energy Services (GES) announced Wednesday that it has completed the construction of the first utility-scale solar plant in Jamaica. With other projects in the queue, including the Seven Rivers project covered previously by New Energy Events, this will be the first of many large solar projects […]
Haiti goes solar: Rooftop PV system inaugurated in Champ-de-Mars
February 8, 2017
Monday, de facto President Jocelerme Privert, inaugurated a state-of-the-art solar power plant with a capacity of 100 Kw to permanently illuminate the Champ-de-Mars area. The implementation of this integrated high-tech system developed by the Canadian consulting engineering firm GENINOV, with a subsidiary established in Haiti since 2009, was financed by the World Bank and should […]