CREF Market News - Page 71 of 90

Energy efficiency building codes, standards in focus in Grenada
July 12, 2016
CARICOM Secretariat and the CARICOM Regional Organization for Standards and Quality (CROSQ) will come together to host a Workshop aimed at establishing a consensus on practical benchmarks for the energy efficiency of buildings. The event is supported by the German Agency for International Cooperation (GIZ), its affiliate partners, and the Caribbean Development Bank (CDB). The […]
Thermal Energy Partners begin final design for Nevis geothermal project
July 10, 2016
Technical teams arrived in Nevis last month to make final preparations with the Nevis Electric Utility (NEVLEC) before launching the construction of the island’s first geothermal power plant. Thermal Energy Partners, LLC (TEP) has joined Turboden, Clemessy and subsidiary, Eiffage, in a joint venture to provide EPC services for the project. Turboden was selected by […]
Venezuela’s energy woes spread to Cuba
July 10, 2016
Long-time trade partners, Venezuela and Cuba, are struggling to maintain a 15-year relationship that provided oil assistance to Cuba. While Cuba improves relations with the United States, it is also experiencing the fallout from Venezuela’s economic decline. Venezuela’s state-run oil firm PDVSA has slashed exports to Cuba this year; the Caribbean island has received 53,500 […]
Ormat announces closing of financing of the Bouillante Geothermal Power Plant on Guadeloupe
July 7, 2016
Ormat Technologies will close financing on the recently acquired 14.75 MW Bouillante geothermal power plant in order to expand capacity. Previously owned by Geothermie Bouillante SA the plant currently generates approximately 10 MW of power and an expansion will provide up to 45 MW of additional capacity. The project is a result of an agreement signed […]
CARILEC launches renewable energy community to drive regional collaboration
July 1, 2016
Caribbean Electricity Utility Services Corporation (CARILEC) has launched a virtual community that will provide membership for utility engineers and energy practitioners. The CARILEC Renewable Energy Community (CAREC) features training materials, monthly technical webinars and a real-time discussion board, all designed to give members the opportunity to connect with peers and collaborate with energy stakeholders. CAREC […]
JPS gets $50-m grant for smart LED streetlight project
July 1, 2016
New LED streetlights will illuminate much of Jamaica starting in December 2016. An agreement between to the Jamaica Public Service (JPS) and the United States Trade and Development Agency (USTDA) will include the conversion of 105,000 streetlights from High Pressure Sodium to Light Emitting Diode (LED); a J$50 million grant from USTDA will fund the […]
Government defends decision to buy LNG from US
June 27, 2016
The decision in Bridgetown to import LNG from the United States rather than neighboring CARICOM country, Trinidad & Tobago, is being defended as a “top up” solution to shortages during the winter tourist months. Minister in the Office of the Prime Minister with responsibility for Energy, Darcy Boyce, said that the “very, very small quantities” […]
St. Lucia’s bid for energy security: Q&A with former Energy Minister Dr. James Fletcher
June 27, 2016
Dr. James Fletcher, former Minister responsible for energy policy in the government of St. Lucia, was at the helm of the island’s energy sector during a period of rapid transition. In a candid interview with New Energy Events, Dr. Fletcher reflected on prospects for St. Lucia’s geothermal project, his fears for the impact of climate change on […]
Barbados lone Caribbean country to purchase LNG from US
June 27, 2016
Amidst renewable energy growth in the Caribbean, Barbados is the lone country to import LNG from the U.S. According to a United States Department of Energy report, Barbados imported 7, 432 million cubic feet (Mcf) of LNG during the period February 5 to April 29, 2016. The U.S. currently sells LNG to countries such as […]