CREF Market News - Page 76 of 90

Jamaica government cuts energy use by 10 GW
April 30, 2016
Wayne Williams, head of Jamaica’s Energy Efficiency and Conservation Program said that programs implemented across all ministries, department and agencies has saved the government $100 million over the last two and a half years. According to Williams, electricity usage has decreased by 10 gigawatt hours across these branches. The installation of solar films on windows, […]
Caribbean islands taking steps to shift from diesel to solar
April 29, 2016
Projects in Antigua and Barbuda signal a major shift from diesel to solar-based energy supply and local governments are increasing eager to attract private investment to the sector. At the V.C Bird International Airport a 3 MW sun2live solar plant was recently inaugurated and the installation of further sun2live and sun2roof power systems will generate […]
Antigua & Barbuda walking the walk on climate change adaptation
April 29, 2016
The Government of Antigua & Barbuda is taking steps to live up to its 2014 election manifesto by reducing emissions by 20% by 2020. Prime Minister Gaston Browne said the government he leads fully understands that climate change is a real issue, by explaining: “… we have diversified our energy mix into alternate energy to […]
IDB funds geothermal survey in Dominican Republic
April 29, 2016
The Inter-American Development Bank has awarded the government of the Dominican Republic a $200,000 grant to conduct a 12-month study of geothermal potential. The “Specific Agreement to Evaluate the Geothermal Potential of the Dominican Republic” will examine whether there’s enough high geothermal energy to produce electricity.
Grenada seeks energy audits of public buildings
April 28, 2016
The Ministry of Finance & Energy in Grenada is looking for consulting firms to provide energy audits of public buildings. The objective of the consultancy is to facilitate the preparation of a capital project that will reduce electricity consumption of government buildings through energy efficiency and or renewable energy investments in public buildings. The service […]
St. Kitts geothermal explorations results to be published soon
April 28, 2016
St. Kitts Energy Minister Ian Liburd recently announced that the results of geothermal exploration studies conducted by Teranov in St. Kitts will be published soon. “As we speak the findings of the geophysicist, the geochemist and the geologist are being evaluated at the University of France in Paris and in the next couple of weeks […]
Contract signed for the drilling of the 3rd geothermal exploration well on Montserrat
April 27, 2016
With the help of the UK Department of International Development (DFID), Montserrat will drill a third well for geothermal exploration. A joint statement by the Government of Montserrat and the DFID on Tuesday announced the award of a £5.1m contract for drilling to the Iceland Drilling Company (IDC). The exploratory well will be located in […]
Regional climate change meeting to take place in St Lucia
April 26, 2016
A meeting in Saint Lucia this week will take place to agree on an action plan following the Paris Agreement on Climate Change. The Regional Coordinating Committee on Climate Change (RCCCC) will use this opportunity to review the progress made in the implementation of the ‘Regional Framework for Achieving Development Resilient to a Changing Climate’. […]
Cuban hydro project financed by Kuwait Fund for Arab Economic Development
April 26, 2016
The Cuban energy sector will get a boost this year after a deal signed with the Kuwait Fund for Arab Economic Development will provide financing for the construction of 34 small hydropower projects. These projects will use existing infrastructure to provide a capacity of 14.6 MW of hydropower to the Caribbean island and three linking […]