CREF Market News - Page 80 of 90

Jamaica’s RfP for 37 MW of renewables attracts 10 bids – report
March 5, 2016
In response to Jamaica’s RFP for 37 MW of renewable energy capacity, Jamaica’s office of Utilities Regulation received 10 bids. The RFP requested proposals for solar, wind, waste-to-energy and other renewable projects that can be operated on a build, own and operate basis.
Jamaica to Mitigate Climate Change
March 3, 2016
Jamaica aims to reduce greenhouse gas emissions by 1.1 million metric tons of C02 per year by 2030. These figures were released in the country’s Intended Nationally Determined Contributions report to the United Nations Framework Convention on Climate Change following the COP21 talks in Paris.
3mw solar system at Antiguan airport includes energy storage system
March 3, 2016
The recently inaugurated 3MW solar system at the Antiguan airport includes an energy storage system. Meeco is the UK-based company that installed the energy storage system, called sun2safe. The system will allow for energy harnessed during the day to be stored and used during the evening.
Sun Fund Americas expands operations from Costa Rica to Jamaica
February 27, 2016
Sun Fund Americas, a Costa Rican renewable energy development company, will expand its operations to Jamaica this year. The company signed a 20MW solar PPA. Sun Fund works primarily on utility-scale solar projects and executes them in conjunction with Serenfushion Americas, a US-based hospitality development company. Read more here.
EU and OCTs sign joint declaration on sustainable energy
February 26, 2016
European Commissioner for International Cooperation and Development, Neven Mimica, and President of the Overseas Countries and Territories Association and Prime Minister of Curaçao, Dr. Ben Whiteman signed a Joint Declaration on cooperation on sustainable energy this week. EU Ambassador to the Eastern Caribbean, OECS, CARICOM and CARIFORUM, Mikael Barfod said: “The Joint Declaration represents an important […]
3 MW solar power plant inaugurated at the Antiguan airport
February 23, 2016
This week, a 3 MW solar power plant was inaugurated at the Antiguan international airport. The plant, which was developed by PV Energy Limited, has over 12,000 PV panels. According to PV Energy, the plant will generate up to 4.645 MWh per year, saving 3.019,50 tons of CO2 emissions on the island in the same […]
Lucelec seeks EPC contractor for 3-MW Caribbean solar park
February 13, 2016
Lucelec, the solar power supplier of Saint Lucia, has announced an RFP to develop a 3 MW solar project on the Island. The utility is seeking a development partner for the solar farm’s engineering, procurement and construction (EPC); Lucelec will provide the funding and will manage the park after it is online. The project is […]
Electricity costs killing us, says St. Kitts manufacturing sector
February 12, 2016
Despite the falling price of oil globally, the cost of fossil-fuel generated electricity in the Caribbean remain high. “It’s killing us, and we look forward to any assistance that we can get in helping to lessen the cost of electricity. One would hope that with the cost of oil going down by leaps and bounds […]
Cuba & China sign agreement for 100 MW of PV projects
February 6, 2016
Cuba and China have signed a commercial contract for the implementation of a 100-MW photovoltaic project in the Greater Antilles. In 2015 the Abu Dhabi Fund for Development (ADFD) announced an AED-55 million (USD 14.9m/EUR 13.3m) concessionary loan to the government of Cuba for the development of a 10-MW solar project in the country. This […]