CREF Market News - Page 66 of 90

Caribbean islands receive training on climate-friendly cooling
October 3, 2016
Workshops hosted by the CARICOM Secretariat, in collaboration with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), are making an effort to reduce the amount of energy used in the Caribbean cooling sector. Dual training programs attracted over 50 policymakers and financial and private sector representatives from 15 Caribbean islands for sessions that ranged from policy (Nationally […]
Energy to create wealth: In Barbados, chances to earn from greener sources growing
October 3, 2016
Barbadians will now have the opportunity to become small power providers to the national grid. A July 13th decision by the Fair Trading Commission (FTC) to review the Renewable Energy Rider (RER) has facilitated wealth creation at the lowest-income level. Shifts in rate structure and the amount of energy that individuals and companies could invest […]
Dominican Republic has 186.5 MW of clean energy, says government
September 28, 2016
The Dominican Republic continues to make progress in clean energy with existing sources and plans for new installations totaling over 400 MW. Wind, solar and biomass currently dominate the DR market with an output of 186.5 MW and plans for power purchase agreements to install another 235 MW in wind power. Deputy Minister of Energy, […]
CREF2016 Partner Solar Head of State installs solar panels at St. Lucia’s Government House
September 28, 2016
Today, St. Lucia followed the Maldives and the United States to become the third nation to install solar panels on the national executive residence. The installation was made possible through the generosity of Solar Head of State. This system will allow Government House to partially operate on renewable energy, saving the country hundreds of dollars in electricity […]
Grenada wants more funds for sustainable development
September 27, 2016
Grenada is urging world leaders and the leaders of Small Island Developing States (SIDS) to contribute more funds to fill the gap needed to reach the targets of the SDGs. Foreign Affairs Minister Elvin Nimrod explained three structural problems that inhibit climate action for Caribbean and the Pacific, nations that he said must be the […]
China-Cuba look to further renewable energy cooperation
September 26, 2016
Assistance from China will be a key factor in the development of renewable energy in Cuba. A recent visit by China’s Premier Li Keqiang comes at a time when Cuba’s other major ally, Venezuela, has had to cut back on assistance due to domestic problems. Thus China is stepping to present itself as the principal […]
Renewable energy project improving lives of Jamaica residents
September 22, 2016
A 36 MW wind farm in Potsdam, St. Elizabeth, is helping to diversify the country’s energy matrix and ease dependence on fossil fuels. The Blue Mountain Renewables (BMR) plant is assisting community schools and local farmers who are affected during the construction phase; additionally, the plant is expected to reduce greenhouse gas emissions by about […]
St. Vincent moves forward with 10-15 MW geothermal project
September 20, 2016
The Energy Unit and the St. Vincent Geothermal Company will host two public meetings next week to discuss the ongoing geothermal energy project near the La Soufriere Volcano. As work continues on the 10 to 15 MW plant, the two agencies have decided to host sessions to inform the public of advancing plans. The first […]
Largest solar plant in the Caribbean starts producing power
September 18, 2016
An investment in excess of 160 million has resulted in the second largest solar farm in Puerto Rico and the largest of its kind in the Caribbean. Greece-based company METKA-EGN built the facility and will commission and operate it following completion later this year. CEO Andreas Mustad considers this a “landmark moment for Sonnedix”, noting that […]