CREF Market News - Page 81 of 90

UAE provides $46m in loans for renewable energy projects in Africa and Caribbean
January 19, 2016
The Abu Dhabi Fund for Development (ADFD) has committed $46 million in loans for renewable energy projects in developing countries, including a wind and solar project in Antigua and Barbuda. The fund is a collaboration with the International Renewable Energy Agency (IRENA) and the loans are the 3rd cycle of funds ADFD provided to bolster sustainable […]
St. Lucia Electricity Services and government sign agreement
January 18, 2016
A new renewable energy task force is forming as St. Lucia Electricity Services Limited (LUCELEC) get ready to begin the process of constructing a 3.2 MW solar power plant. On Thursday, LUCELEC signed an agreement for the development of an Integrated Resource Plan (IRP) with the Government of Saint Lucia that includes a provision for […]
Danny Gutierrez appointed Belize’s first Ambassador to CARICOM
January 17, 2016
Belize’s newly appointed Ambassador to CARICOM, Danny Gutierrez, says that he is committed to making 2016 a year of action. “The hard work of our colleagues who diagnosed our hurdles and proposed a strategic plan must be matched by action… The best years of CARICOM lie ahead,” said Gutierrez in a statement released from Guyana. […]
US Embassy Bridgetown installs largest wind turbine in Barbados
January 15, 2016
Barbados continues to make headway on goals to mitigate the impact of climate change with a wind turbine installed at the Embassy Bridgetown. The 70-foot-high, 20 KW turbine was installed on December 16 produces 63 KW of energy daily. The turbine is built to withstand a Category 2 hurricane, and is designed to shut off […]
Clean energy expanding even when fossil fuels are cheap
January 14, 2016
Despite the low cost of fossil fuels in 2015, a Bloomberg New Energy Finance (BNEF) analysis points to evidence that 2015 was a breakout year for clean energy. It was a record year for global investment with wind, solar panels, biomass plants and more around the world totaling $329 billion in invested capital – and […]
Cuba and Germany to Work Together in Renewable Energy
January 9, 2016
Interest in promoting investment and cooperation in renewable energy in Cuba is growing, said Sigmar Gabriel, Deputy Foreign Minister (FM) and Federal Minister of the Economy and Energy of Germany during his recent visit to Cuba. Cuba, with high dependence on fossil fuels to produce electricity, seeks to reverse its energy matrix with the support of […]
St. Lucia Government Installs Solar
January 5, 2016
As part of its plan to source 35% of energy from renewables by 2020, the government of St. Lucia has installed PV systems at the National Mental Wellness Centre and the headquarters of the National Emergency Management Organization. Permanent Secretary in the Ministry of Sustainable Development and CREF speaker, Sylvester Clauzel, said that the installation will […]
Jamaica: Wigton expansion on schedule
January 3, 2016
The 24 MW expansion of Jamaica’s Wigton Windfarm is scheduled to be completed on time and within budget. Spanish wind-company Gamesa commenced construction of the $45 million project in April 2015 and has thus far installed 12 wind turbines, a transmission line, substation and control building. Moving forward, construction will include equipment testing and grid […]
Energy efficiency upgrades saves Jamaican business $.5 million monthly
December 30, 2015
A food and household product distribution company is saving over a half million dollars monthly thanks to energy efficiency upgrades and a solar system. The electricity bill, which previously ran between $1 million and $800,000 per month is now $280,000. In addition to spraying the roof of its warehouse with foam and upgrading an out-dated […]