CREF Market Updates - Page 4 of 8

Jamaica forecasts expansion and investment boom in renewable sector
July 24, 2018
The Jamaica Promotions Corporation (JAMPRO) is forecasting an expansion for both business and investment in the islands’ economy, specifically for the sectors of manufacturing, tourism, agriculture, and renewables. JAMPRO stated that the current Government is developing an integrated resource plan to increase investments projects in the renewable industry. Ms. Edwards, the president of JAMPRO, stated: […]
58 MW solar plant in Dominican Republic completed
July 24, 2018
F&S Solar concept, a German firm, has completed a 58 MW solar park in the Dominican Republic. The project, Montecristi, has 215,000 modules and it will generate 103,000 MWh which is enough to provide electricity to more than 50,000 homes. The solar project is located in the region of Guayabin and has an extension of […]
Dominican Republic to tender concessions for large-scale renewables projects
July 12, 2018
Officials from the Ministry of Energy, the National Commission of Electricity (CNE) and the Corporation of the Corporation of State Electric Companies (CDEEE) in Dominican Republic, have announced a new tender process which will grant licenses for the development of large-scale wind and solar projects. The tender will apply to all those projects which are […]
Eastern Caribbean government buildings to get solar
July 11, 2018
The Organization of Eastern Caribbean States (OECS) has signed a Memorandum of Understanding with the association Solar Head of State to adopt solar rooftops for key government buildings across the region. Last week in Jamaica, the two entities met to develop a regional strategy for photovoltaic power systems at government facilities for all members of […]
EU to provide US$105m to the Green Fund of Central America
July 11, 2018
The European Union and other international organisations have committed US$105m for the Green Fund for the Central American Economic Integration System (SICA). The objective of the fund is to help promote the development of renewables and resilience projects and programs in the region. SICA will use this investment to promote projects and public policies that […]
4.4 MW solar project in Cuba to start operations shortly
July 11, 2018
The Cuban solar park Parada 2 – the biggest in the region – is expected to begin energy delivery tests by the end of this month. Parada 2, a 4.4 MW solar farm with 17,600 solar panels, is located in Puerto Padre, north of the city of Las Tunas. This will be the second solar […]
European Union commits 18m EUR to Cuba’s the renewables sector
July 10, 2018
The cooperation between the European Union and Cuba has become more important due to their common interest in fighting climate change. An example of this is the recent agreement signed by both entities, which has the objective of supporting and financing energy policies in Cuba. This 18m EUR agreement – signed on the 15th of […]
New research center in Cuba will help promote renewable energy
July 6, 2018
A new research centre will be built in Las Tunas, Cuba to promote research, technology development, and build capacity for the renewable energy industry of the country. The main objective of this research center – which will be part of the Centre of Studies of Energy Efficiency and Technological Progress – is to […]
Progress continues for 100 MW Cuban wind park
July 5, 2018
The Cuban city of Las Tunas will be home for Herradura 1 and Herradura 2, a vast wind complex, expected to begin construction in July. Chinese suppliers are providing cranes, drilling and excavating equipment and construction is finally ready to start later this week. Omilton Rodriguez Rivas, Director of Investments for the Electric Company of […]