CREF Market News - Page 64 of 90

Colombia a leader in meeting (some) 2030 UN Development Goals
November 1, 2016
Colombia has taken many of the goals set by the UN 2030 agenda quite seriously, playing a key role in the formulation of priority setting of goals. The Latin American country is leading the region in reduction of violent deaths and poverty, but targets related to clean energy and reducing violence against women have yet […]
U.S. ease on Cuba sanctions to benefit foreign oil producers
November 1, 2016
The Obama administration has recognized that lifting sanctions against Cuba is a first necessary step toward the country’s inclusion into International Financial Institutions (IFIs) and its ability to attract foreign private investment. MEO Australia is one of few foreign companies operating in Cuba and has discovered an oil deposit on the northern coast. It expects […]
Sustaining T&T through renewable energy
November 1, 2016
The case for renewable energy in Trinidad & Tobago can be made through solar and wind resources, abundant in the region. Acting alone, the 5,131 square kilometer island cannot have much impact in global emissions, but combined with other initiatives in the Caribbean, there is potential for the country to become a leader in energy […]
“More Than 80% Now Have Power,” says BPL
November 1, 2016
Bahamas Power and Light (BPL) authority says that over 80% of the more than 5,000 residential customers of New Providence have had electricity restored. Two teams each from PowerSecure and Caribbean Electricity Utility Services Corporation (CARILEC) are working with local contractors and aim for a “full-restoration” by the end of the week. Significant progress has […]
Investing in Haiti: The market weighs in
November 1, 2016
Would a strong regulatory framework encourage private sector money to flow into Haiti’s renewable energy sector? Should rural mini grids be a greater target area for investment? If the views of potential investors in attendance at last week’s Caribbean Renewable Energy Forum (CREF) 2016 are any indication, then the answer would be a resounding yes. […]
2016 brings $33M in AFD investment in Caribbean infrastructure
October 28, 2016
Earlier this year, the Caribbean Development Bank (CDB) and Agence Française de Developpement (AFD) signed an agreement under which the latter will provide $33 million of financing in sustainable infrastructure projects in the Caribbean region. The agreement, announced 23 August, was signed in July at CDB’s Barbados headquarters by the French Ambassador to the Organisation […]
WRB plans 30MW solar C&I programme
October 27, 2016
Florida-based WRB is planning to deploy 30MW of commercial and industrial rooftop solar across Jamaica beginning as early as 2017. The company is planning to implement a permanent programme aimed at installing 5MW to 3MW rooftop systems for C&I customers. The nascent initiative is in the planning stages and would seek to deploy systems reflecting […]
In 2016, Cuba sets ambitious renewables target
October 27, 2016
September, 2016 The Cuban government has outlined plans to vastly increase renewable power generation in the country in an attempt to reduce its dependence on energy imports. Earlier this year, these plans were outlined at IJGlobal and New Energy Events’ inaugural Cuba Energy & Infrastructure Summit in Havana. Now that trade embargoes imposed by the […]
Jamaican National Water Commission initiated solar tender
October 27, 2016
Earlier this year, the National Water Commission (NWC) of Jamaica initiated a procurement for delivery of solar PV systems from international bidders in order to reduce its dependency on fossil fuels. A pre-qualification round was initiated on 22 August, through which international private, public and government-owned entities were invited to apply. Government-owned entities were required, however, […]