CREF Market News - Page 72 of 90

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 […]
Iberdrola negotiates entry into Cuban wind market
June 25, 2016
The Spain-based company plans to install a complex of 100MW of power in the southern province of Holguin, more than 700 kilometers from the capital, La Havana. This would be the largest wind farm in the wind energy sector in Cuba. La firma española pretende instalar un complejo de 100 megavatios de potencia en la provincia […]
Caribbean Hotel & Tourism Association calls upon governments, private sector to create tourism agenda as US House passes Caribbean Strategic Engagement Act
June 24, 2016
The Caribbean Hotel and Tourism Association (CHTA) is thus urging a public-private partnership between Caribbean nations and the U.S. that will strengthen an existing tourism relationship. CEO and Director General of the CHTA and CREF 2016 speaker, Frank Comito, explained, “the tourism ties between the United States and the Caribbean extend well beyond the 14.3 […]
Preparations under way for drilling and construction at Nevis project
June 21, 2016
Final preparations are underway to build a geothermal facility in Nevis. The coordination is being handled by developer Thermal Energy Partners LLC (TEP) through its affiliate NRE International (NREI), which has begun a series of final design reviews and analysis of utility interconnection. Joining TEP and NREI in the venture are technical teams from Turboden […]