Energy Efficiency - Page 2 of 5

RENAC and IFC to support green banking transformation in LAC region
November 13, 2018
The International Finance Corporation (IFC), a World Bank Group member, and the Renewables Academy AG (RENAC) have signed a cooperation agreement to support green banking in Latin America and the Caribbean. The main aim of the partnership is to work towards greener banks and financial institutions which integrate climate change mitigation and adaptation goals into […]
$2.1m investments in energy efficiency will see $41m annual savings for Jamaica
May 23, 2018
A joint investment between the Petroleum Corporation of Jamaica (PCJ) and the Global Environment Facility (GEF) Trust Fund will drive energy-efficient and renewable energy developments in six local healthcare facilities, totalling US$2.1 million. The hospitals and rehabilitation centre will install solar water heaters and energy efficiency technology to reduce energy demand by over 1.3 million […]
Jamaica wants hydropower, could build up to 30 MW
May 2, 2018
Hydropower is getting some attention from Jamaica, who recently identified 11 potential sites for development which could contribute around 30 MW to the renewable energy portfolio. In developing it’s roadmap for the next years, also known as the Integrated Resource Plan (IRP), Jamaica set aside a special component dedicated to hydropower as an alternate source […]
Dominican Republic calls for switch to LED lighting
April 20, 2018
The Dominican Republic has called for a ban on imports of fluorescent lamp and urged state institutions to switch to more efficient light-emitting diodes, better known as LEDs. By taking on this transition to LEDs, the Caribbean island will make progress towards its commitments under the Paris Climate Agreement and the Minimata Convention on Mercury. […]
Jamaican factory economizes with solar PV and efficiency
April 6, 2018
Jamaican seafood trader Rainforest is doubling solar energy capacity at its plant in Montego Bay, from 0.5 megawatt to one megawatt, at a cost of $75 million. Following this project, solar PV panels will cover all of Rainforest’s primary operating and administrative buildings. The first project cost approximately $1.65/watt, but is now less than $1.00. […]
Jamaica investing in energy efficiency
February 23, 2018
The Government of Jamaica has allocated $765 million to implement new energy efficiency measures. The Ministry of Science, Energy, and Technology will lead the design and implementation of energy cost-saving measures in the public sector. Planned changes include developing national guidelines for the disposal of hazardous waste, implementing an EE and EC baseline awareness survey, […]
Suriname announces LED streetlight program, to be funded with $30m CDB loan
February 13, 2018
Suriname will embark on a project to replace its existing high pressure sodium streetlights with high efficiency light-emitting diode (LED) systems. The replacement of the approximately 40,000 streetlights is expected to reduce energy consumption and costs as well as associated greenhouse gas emissions. The Caribbean Development BAnk (CDB) approved a $30m loan to fund the […]
Partnership poised to implement energy efficiency in Puerto Rico and Virgin Islands
January 17, 2018
A new partnership will bring energy efficiency solutions – namely LED lighting – to the British Virgin Islands, the U.S. Virgin Islands, and Puerto Rico. GB Energie LED, a minority, woman-owned business committed to sourcing sustainable energy solutions entered a partnership agreement with IMPACT Construction, LLC, a minority-owned construction company located in the Virgin Islands that […]
Jamaica’s energy efficiency program receives $15m loan from JICA
November 27, 2017
Jamaica is taking strides towards energy efficiency, and a recent injection of $15m into the program will provide training to energy management staff, retrofit LED lighting, and lower vehicle fuel consumption, among other components. The $15m loan comes from the Japanese International Cooperation Agency (JICA), and is part of a joint $30m loan with the […]