CREF Market News - Page 78 of 90

Barbados Agricultural Society seeks solar
April 1, 2016
James Paul, CEO of the Barbados Agricultural Society (BAS), says that access to affordable solar will cut operating costs for farms, which in turn will cut the cost of food for consumers. According to Paul, the agricultural sector in Barbados has not seen any programs to engage farms in the renewable energy discussion. “We have […]
New Energy Events Launches Bimonthly Newsletter
April 1, 2016
Alongside a growing portfolio of conferences, New Energy Events has moved recently to provide news and intelligence on the LAC renewable markets to its constituency of over 8,000 market participants. As part of that mandate, we are excited to announce the launch of a bimonthly newsletter which will feature curated coverage of developments across the […]
Jamaica: New Fortress approved to supply gas for Old Harbour power plant
March 26, 2016
JPS president and CEO Kelly Tomblin announced that an agreement was signed with New Fortress Energy to supply gas for a 190 MW power plant at Old Harbour, St. Catherine. The plant, which will replaced JPS’ oil-burning plant, will be constructed with Power China. The final details will be finalized in early April. The plant […]
35 companies submit bids to construct St. Lucia solar farm
March 26, 2016
St. Lucia Electricity Service Ltd’s RFP for the construction of a 3 MW solar farm resulted in bids from 35 companies. Participants at the meeting were given an overview of the project and its importance to St. Lucia, information on St. Lucia’s energy transition strategy and the RFP process. LUCELEC’s Business Development Manager, Victor Emmanuel, […]
Renewable energy in 2015 surpassed conventional power, say UNEP
March 24, 2016
2015 saw a $286 billion investment in clean energy. The result? 134 GW of renewable power. This is up from 106 GW of renewables installed in 2014 and 87 GW in 2013. A report released by the United Nations Environment Programme (UNEP) this week called ‘Global Trends in Renewable Energy Investment 2016’ said that an […]
Green economy generates jobs
March 23, 2016
The government of Jamaica and the United Nations Environment Program released a study this week that links the green economy to development and job creation. Focusing on agriculture, tourism, construction, energy, & water and sewage, the paper links long-term development goals to creating policies that integrate sustainability and efficiency into each sector of the economy. […]
Caribbean lagging in shift to renewable energy, says CDB
March 19, 2016
In a lecture titled ‘Regulating Utilities in Small Island Developing States – Lessons for the Caribbean,’ Dr. Warren Smith, President of the Caribbean Development Bank (CDB) said that the Caribbean is slow in its shift towards renewable energy. While there are regional targets to source 20% of energy from renewables by 2017 and 28% by 2022, the […]
Saft provides lithium-ion batteries for Puerto Rican solar plant
March 18, 2016
Saft will provide energy storage for a 10 MW PV facility in Puerto Rico. The 20P lithium-ion batteries will allow the facility to store energy produced during the day, when energy demand is lower, and distribute it in the evening during peak-demand times. Saft business development manager Jim McDowall said: “In remote locations and islands, […]
Caribbean Climate Innovation Centre is leading the regional response to climate change
March 16, 2016
Established in 2014, the Caribbean Climate Innovation Center (CCIC) seeks to develop a regionally integrated approach to solving the region’s climate, energy and resource challenges. CCIC’s CEO, Evertron Hanson, says that the organization takes an entrepreneurial approach to addressing these issues, “The purpose of this project is to build an entrepreneurial eco system that will […]