CREF Market News - Page 71 of 90

Cuban-Venezuelan oil refinery at Cienfuegos to be partially shut
July 16, 2016
Closures at the Cuban-Venezuelan Cienfuegos oil refinery will mean cuts in electricity and fuel for Cuban residents, in the second half of 2016. The 65,000 barrels-per-day refinery will be partially shut for 120 days this year due to maintenance; it is currently running at its minimum output capacity of 50,000 bpd. General manager for PDVSA […]
Setting the Stage – Announcing Pre-Event Cuba Webinar – August 3rd
July 15, 2016
The organizers of the Cuba Energy & Infrastructure Summit are pleased to announce a free pre-event webinar scheduled for TIME on August 3rd. The webinar – Opening the Doors to Cuba’s Energy Revolution: An Introduction for Global Investors – will set the stage for the Summit by providing high level guidance on the landscape for investment […]
Cuba promotes investments for energy saving
July 15, 2016
According to Minister of Energy and Mines, Alfredo Lopez, Cuba is promoting strategic investments to increase the use of renewable energy sources and fuels saving. Según el Ministro de Energía y Minas, Alfredo López, Cuba impulsa estratégicas inversiones para incrementar el uso de fuentes renovables de energía y el ahorro de combustibles.
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 […]