CREF Market News - Page 75 of 91

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 […]
Leni Gas partners with UK firm to develop renewables in Cuba
May 18, 2016
Leni Gas Cuba and Commerical Funded Solar plan to co-develop renewable energy projects in Cuba. An agreement between the two parties stipulates that they will assess potential for installing and operating renewable energy projects in Cuba – including hydro, solar, energy storage and power management systems. “There is a real need for more energy supply in […]
CDB loans Anguilla funds for renewables
May 18, 2016
The Government of Anguilla is implementing a strategy to improve economic stability in the country over the next four years. A new partnership with the Caribbean Development Bank (CDB) will provide US$35.3 million to achieve four key outcomes: improved banking system stability, a better environment for business and investment, upgrades to transport infrastructure and increased […]
U.S. seeks greater energy integration in Central America and Caribbean
May 15, 2016
In an attempt to move away from volatile oil markets in Latin America, U.S. Vice President Joe Biden urged Central American and Caribbean leaders to move toward more integrated and diversified sources of energy. Forward of the upcoming Energy Summit in Washington D.C, the U.S. Vice President said: “We just have to harness that momentum […]
Jamaica: 33.1 MW PV plant awarded at record low price per kWh
May 12, 2016
Jamaica’s Office of Utilities Regulation announced that Eight Rivers Energy Company (EREC) is the winner of the energy procurement auction for a 33.1 MW solar project. EREC set a record by proposing the lowest electricity price for solar power in Jamaica – just 8.54 US cents per kWh. “The OUR is pleased with the proposed all-in […]