CREF Market News - Page 80 of 90

Major Wind Energy Project Is Coming to St Lucia
March 8, 2016
St. Lucia’s Prime Minister, Dr. Kenny Anthony, announced this week that a 12 MW wind far is on the horizon for the island nation. Once completed, the project could produce as much as 20% of St. Lucia’s electricity needs.
Webinar on Financing Storage for Islanded Renewable Energy Systems
March 8, 2016
IRENA, under the umbrella of the SIDS Lighthouses Initiative, aims to facilitate the financing of energy storage in island systems. For this purpose, a paper “Financing Storage for Islanded Renewable Energy Systems”, highlighting the difficulties and potential solutions to the securing of financing for energy storage projects in remote areas and islands, has been prepared. […]
Oriana Energy begins construction of 45-MW PV plant in Puerto Rico
March 7, 2016
Construction of a 45 MW solar plant in Puerto Rico began last week. Once completed, the solar farm will generate 125,000 MW annually. Led by Oriana Energy, a partnership of two US energy firms, the project will cost $160 million to complete.
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 […]