CREF Market News - Page 8 of 90

Sygnus launches US$135 million Caribbean Community Resilience Fund (CCRF) in Jamaica
May 31, 2024
Sygnus launched a US$135 million Caribbean Community Resilience Fund (CCRF) in Jamaica last week. The CCRF is a 10-year impact investment fund with the possibility of two one-year extensions. It targets critical sectors such as renewable energy, blue economy, sustainable housing, ICT, transport, financial services, and climate-smart agriculture. Source: Jamaica Loop News
Caribbean Broilers Group invests in solar plants to enhance sustainability
May 16, 2024
Caribbean Broilers Group (CB) has invested in four solar photovoltaic power plants for its farms across Jamaica, partnering with Soleco Energy Jamaica Limited. The newly unveiled solar plant at Peninsula Hatchery Farms in Linstead, St Catherine, produces 0.30 MWp. Additional plants include CB Foods Cold Storage Distribution Centre (1.1 MWp), Newport Mills in Kingston (0.50 […]
Sunrun develops Virtual Power Plant (VPP) program called PowerOn Puerto Rico
May 16, 2024
Sunrun has launched a Virtual Power Plant (VPP) program called PowerOn Puerto Rico, enabling residents to contribute energy from their solar-plus-storage systems to stabilize the island’s electrical grid. Source: PV Magazine USA
Celebrating Excellence: Winners of 6th Annual CREF Industry Awards Announced
May 2, 2024
New Energy Events, hosts of the Caribbean Renewable Energy Forum (CREF), are excited to announce the seven recipients of its 6th annual CREF Industry Awards. The Awards – which recognize outstanding achievement in the Caribbean’s transition to a clean energy future – were celebrated on stage during the 16th annual CREF in Miami. The Awards […]
Bahamas seeks accountability for climate change
March 28, 2024
The Bahamas has submitted a request to the International Court of Justice (ICJ) to hold countries accountable for climate change. This submission follows the country’s support for a UN Resolution seeking an advisory opinion on states’ obligations regarding climate change. Source: Tribune242
Turks and Caicos Islands, Grenada, and Barbados explore Ocean Thermal Energy Conversion (OTEC)
March 28, 2024
Ocean Thermal Energy Conversion (OTEC) is back in the mix in the Caribbean as countries look for sustainable energy alternatives. Recent meetings between the governments of Turks and Caicos Islands, Grenada, and Barbados have spurred interest in exploring OTEC as part of their renewable energy transition. Source: Environment Energy Leader
Caribbean Transmission Development Company (CTDC) aims to connect DR and Puerto Rico via a submarine electrical cable
March 28, 2024
The Caribbean Transmission Development Company (CTDC) revealed that connecting the Dominican Republic with Puerto Rico via a submarine electrical cable would cost over US$1 billion. Despite challenges, the project aims to strengthen ties between the two economies and, according to CTDC, would be completed by 2030. CTDC has submitted a proposal to the federal government […]
Dominican Republic makes more strides on solar energy with new concessions and renewable targets
March 28, 2024
The Dominican Republic’s government awarded definitive concessions for two solar projects totaling 67 MWn. Empresa Generadora de Electricidad Haina (EGE Haina) secured one concession for the 48.29 MWn Girasol II park in Yaguate, San Cristóbal province, while Jambolan Solar FV obtained the other concession for the 18.4 MWn Jambolan plant in Pedro Brand, Santo Domingo […]
CFBC and GSI to establish Caribbean Centre of Excellence for sustainable innovation and workforce development
March 14, 2024
Clarence Fitzroy Bryant College (CFBC) and Green Solutions International SKN Incorporated (GSI) have announced a groundbreaking partnership to establish the Caribbean Centre of Excellence in Research, Innovation, and Workforce Training. This initiative, to be unveiled on April 9, 2024, will provide state-of-the-art training in sustainable innovation and skilled workforce development. Source: St. Vincent Times