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CREF Market News

  • The Bahamas secures US$500 million loan backed by an IDB guarantee

    January 19, 2024

    The Bahamas has finalized a US$500 million 10-year commercial loan backed by an Inter-American Development Bank (IDB) guarantee. The loan will be used for infrastructure, education, and social welfare projects. Source: EWNews

  • ANSA McAL Limited and Kenesjay Green Limited signa MOU at COP28 in Dubai to advance green energy production in the Caribbean

    December 7, 2023

    ANSA McAL Limited and Kenesjay Green Limited signed a Memorandum of Understanding (MOU) at COP28 in Dubai, which aims to expedite the development of new and commercially viable green energy projects in the Caribbean region. Source: Guardian

  • Ecoener commissions 97 MW of solar energy in the Dominican Republic

    September 28, 2023

    Spanish renewable energy company, Ecoener, commissioned 97 MW of solar energy in the Dominican Republic, increasing its operational capacity to 300 MW. Source: Renewables Now 

  • Jamaica receives 42 expressions of interest in their call to procure 100 MW of renewable power

    August 31, 2023

    The Jamaican Government received 42 submissions from companies interested in their call to procure 100 MW of renewable power. Source: BN Americas

  • EFD Ecoener Fotovoltaica Dominicana connects two solar projects in the Dominican Republic

    August 31, 2023

    EFD Ecoener Fotovoltaica Dominicana receives approval to connect 50 MW and 30 MW solar projects to the national grid for testing in the Dominican Republic. Source: BN Americas

  • The Curaçao government is looking to use floating wind development to produce green hydrogen

    August 3, 2023

    The Curaçao government is currently looking to identify areas for floating wind development with a plan to eventually use the energy to produce green hydrogen. Source: Offshore Wind

  • Sunfarming plans to construct a 50 MW agro-solar farm in the Dominican Republic

    August 3, 2023

    Sunfarming, a renewable energy company, is planning to construct a 50 MW agro-solar farm in the Dominican Republic. The project aims to combine solar power generation with agricultural activities, promoting sustainable development and supporting local communities. Source: Renewables Now 

  • Antigua and Barbuda to install 15 wind turbines at existing wind farms

    August 3, 2023

    Antigua and Barbuda are set to install 15 wind turbines at the Parham Ridge and Sir Vivian Richards wind farms as part of the SPPARE Project. The project is a collaboration between the Department of Environment and the West Indies Oil Company, with US$15 million in financing from the Abu Dhabi Development Fund. Source: Telesurenglish

  • Barbados regulators order 50 MW BESS pilot in an effort to support rapid decarbonization by 2030

    August 3, 2023

    Regulators in Barbados ordered a 50 MW BESS pilot in an effort to reach its ambitious goal of becoming 100% renewable energy and carbon neutral economy by 2030. Source: Energy Storage

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