CREF Market News - Page 67 of 90

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 […]
Jamaica water commission signs grant agreement for energy efficiency project
September 17, 2016
A new initiative to improve energy efficiency at the National Water Commission (NWC) entered into force on September 14 via an agreement between the Jamaican Utility and the United States Trade and Development Agency (USTDA), to fund a one-year energy efficiency and renewable energy project. The project will begin by targeting those NWC facilities which […]
Deputy Prime Minister of Bahamas Confirms Role in CARIF
September 16, 2016
The organizers of the Caribbean Infrastructure Finance Forum (CARIF) are proud to announce that Hon. Philip E. “Brave” Davis, Deputy Prime Minister & Minister of Works and Urban Development, has confirmed he will participate in the inaugural event in Nassau this December. In 2015, the Deputy Prime Minister asserted a commitment to developing national infrastructure […]
Nevis Geothermal Developer Signs MOU with Antigua and Barbuda
September 15, 2016
Antigua and Barbuda signed a Memorandum of Understanding with Thermal Energy Partners (TEP) to develop a 10MW geothermal project. This is Thermal Energy Partners second MOU in the Caribbean, signaling the company’s further commitment to the region. Read more here: http://www.caribjournal.com/2016/09/03/antigua-barbuda-develop-geothermal-energy/#
St Lucia Develops Financing Proposal for Electric and Hybrid Vehicles
September 15, 2016
On 8 September, St. Lucia discussed a financing proposal that would introduce electric and hybrid vehicles to the government vehicle fleet in a high-level meeting hosted by the German Federal Enterprise for International Cooperation (GIZ) in partnership with ECLAC Caribbean. This meeting was jointly convened by ECLAC Caribbean and GIZ to review the impact of […]
Minister Liburd: Federation seeing benefits from host a number of regional renewable energy workshops
September 15, 2016
Workshops for training in renewable energy and cooling equipment began last week in St. Kitts and Nevis, prompted by the benefits observed by the Caribbean island’s Federation. The establishment of wind energy on Nevis and development of solar power in St. Kitts have placed the Country in a leading position in the development of renewable […]
Mexico and Brazil Look to Caribbean for New Energy Investment Opportunities
September 14, 2016
In November, a Brazilian investment mission will take investors and parliamentarians to the Eastern Caribbean to discuss a wide range of business opportunities. The Embassy of Mexico to the Eastern Caribbean States will hold a Forum, “Creating Synergies to Strengthen the Competitiveness of the Greater Caribbean” November 16-18 in Cancun, Mexico. Both Mexico and Brazil […]