CREF Market News - Page 74 of 90

St. Lucia: LED lighting to cut government spending on electricity by a third
June 2, 2016
The installation of LED bulbs in street lamps is expected to cut government spending on electricity by one third annually. Savings will total $6 million per year. The board of directors of the Caribbean Development Bank approved $9.5 million in funds for the project. Saint Lucia’s Energy Minister, Hon. Dr. James Fletcher, stated that the […]
Online course on geothermal exploration offered for Latin America & Caribbean professionals
May 29, 2016
A “Basic Course in Geothermal Exploration for Regional Integration” will be offered by the National Energy Board of El Salvador, the University of El Salvador and LaGeo, in collaboration with the Inter-American Development Bank (IADB). Two sessions will be offered online, starting on July 18th and 25th respectively, and running for 8-9 weeks. The course has […]
Guadeloupe: geothermal exploration license granted
May 25, 2016
The French government granted the island of Guadeloupe a license to explore for geothermal in the area of Vieux Habitants. The license will allow exploration through geological, geophysical and geochemical surveys to be conducted over the next five years. The first part of the study, which involves surface exploration, is expected to be finished by […]
St. Vincent and the Grenadines receives funding for geothermal energy development
May 21, 2016
In an effort to further develop the renewable energy sector of St. Vincent and the Grenadines, the Caribbean Development Bank has signed an Memorandum of Understanding (MOU) with the Government of the United Kingdom, through its Department for International Development. The high costs of energy in SVG have long been ranked as a major obstacle […]
Solar power plant installed in Haiti
May 21, 2016
A multilateral solar energy project is taking shape in the Champ de Mars region of Haiti. GENINOV Group, a Canadian firm that has operated a subsidiary in Haiti since 2009, delivered a 100 KW solar system to the Cellule Energie and Electricity of Haiti (EdH) of the Ministry of Transport (MTPTC) to illuminate various parts of Champ […]
Montserrat: geothermal will boost economy
May 20, 2016
The Head of Government Business in Montserrat, Premier Donaldson Romeo, state that he hopes spin-off industries will be born from local geothermal production. During a telephone interview from Miami with ZJB Radio on Wednesday, Premier Romeo said: “In the very area are where the production would be located, there is a possibility for companies who […]
Barbados: Officials talk renewable energy
May 20, 2016
The Caribbean Policy Development Centre (CPDC), Caribbean Community (CARICOM) Energy Unit and the Barbados Renewable Energy Association (BREA) hosted a national policy dialogue on sustainable energy. The conversation focused on energy efficiency and conservation, including how NGOs and CSOs can play a strategic role in the development of policy and implementation practices. A key […]
LNG exports from Trinidad and Peru losing steam
May 20, 2016
The two remaining producers of LNG in Latin America, Trinidad & Tobago and Peru, are facing the deterioration of a key industry due to upstream issues, low oil and gas prices, and weakening macroeconomics in both countries, says Interfax Global Energy. The challenges of selling LNG into an oversupplied market are compounded by the falling […]
UWI constructs net zero energy building prototype
May 19, 2016
A design project being spearheaded by the University of the West Indies (UWI) aims to construct a prototype of the Caribbean’s first Net Zero Energy Building (NZEB). The building design could save Jamaica millions of dollars, should it be adopted by planning and construction industries. By maximizing the use of natural sunlight for lighting and […]