CREF Market News - Page 85 of 91

Barbados – New Target Date Set for Reduction in Energy Use
September 21, 2015
Barbados moves targeted date for a 20% reduction in energy use forward. CREF 2015 speaker Senator the Honorable Darcy Boyce spoke this week at the Smart Energy Barbados event about a revision to Barbados’ plan to reduce electricity use, which currently costs the government $ Barbados 100 million or approximately USD $ 50 million annually. While the […]
European Chambers of Commerce calls out the Dominican Republic for its lack of renewables development
September 18, 2015
The head of the European Chambers of Commerce (Eurocamara),Hans Witsenboer, recently admonished the Dominican Republic’s efforts to develop renewable energy and combat climate change. “The Dominican Republic is going very badly on climate change and it´s investing heavily in the construction of two coal-fired plants that have high pollution footprint when they should be using […]
Affordable Financing for Climate Change Mitigation Projects in Jamaica
September 16, 2015
The United States Agency for International Development (USAID) and the First Global Bank have partnered to give Jamaicans access to affordable loan financing for projects related to climate-smart agricultural and climate change mitigation solutions. According to Peter Lindo, Vice President of First Global Bank, the loans are different than traditional green financing, which typically targets […]
Bahamas Prime Minister Tells Foreign Investors ‘The Time Is Now’
September 13, 2015
In an address last week in London, Bahamas Prime Minister Perry Christine encouraged global investors to consider the Caribbean, saying that “the climate is indeed ripe for inward investment in the Caribbean.” He added that efforts in Barbados and across the region to implement reforms and promote investment have had the effect of “strengthening of compliance and […]
Saint Lucian Entrepreneurs Receive Energy-Efficiency Boost
September 10, 2015
Five St. Lucian entrepreneurs will receive an energy-efficiency boost this year. The Ministry of Sustainable Development, Energy, Science and Technology of St. Lucia has selected five entrepreneurs to receive solar dryers. These oven-dryers will help the business-owners to cut down on energy use by harnessing heat from the sun. The governments of Taiwan and China have […]
Conergy, NEXTracker launch Latin America and Caribbean Solar Alliance
September 10, 2015
This month, Conergy and NEXTracker launched the Latin America and Caribbean Solar Alliance (LACSA), whose mission is, “to spur initiatives among solar industry professionals doing business in Latin America and the Caribbean and present a unified voice to advance solar industry goals.” According to Adam James of Greentech Media, the time is ripe for LACSA. “Latin […]
Teranov and the Government of St Kitts join forces for the development of geothermal energy
September 10, 2015
Announced today in an email sent by Teravov to the market, the Government of St Kitts-Nevis and Teranov will join efforts to establish a public-private partnership, with the ultimate goal to generate electricity via a geothermal power plant. A Memorandum of Understanding, committing the two parties and governing the terms of this collaboration, has now […]
Caribbean Centre for Renewable Energy and Energy Efficiency to Open this October
September 9, 2015
Earlier this week, Barbados Energy Minister and CREF 2015 speaker, Darcy Boyce, announced the establishment of the Caribbean Centre for Renewable Energy and Energy Efficiency. The goal of the Centre is to advance standardization of renewable energies across all Caricom nations and to allow all countries to work together to overcome technological and legislative barriers. The centre will […]
Trinidad and Tobago’s election will have implications for its future energy policy
September 7, 2015
As the citizens of Trinidad and Tobago head to the polls, they are “largely uninformed of a worsening economic outlook.” Aside from the social issues (mainly drug trafficking) and infrastructure development, the largest issue affecting Trinidad and Tobago’s election surrounds its energy future and future energy policy.