Energy Security

Undersea cables to provide clean and reliable electricity to Caribbean island

June 5, 2019

Caye Caulker island will be connected to Belize’s national electricity grid using submarine cables. This system will be allow the island to have access to stable electricity from renewable sources. The project will be financed by the Caribbean Development Bank through a USD 6.8 million loan, which was approved yesterday by the CDB’s Board of […]

El Salvador solar gets $50m funding

November 22, 2016

El Salvador might be seeing more solar in its future. The Obama administration announced its intention to provide further funding for renewable energy worldwide, including solar projects in El Salvador. The Overseas Private Investment Corporation (OPIC), the US government’s international finance division, will commit $50m towards eight utility-scale solar PV projects in El Salvador. These projects will […]

St. Lucia’s bid for energy security: Q&A with former Energy Minister Dr. James Fletcher

June 27, 2016

Dr. James Fletcher, former Minister responsible for energy policy in the government of St. Lucia, was at the helm of the island’s energy sector during a period of rapid transition. In a candid interview with New Energy Events, Dr. Fletcher reflected on prospects for St. Lucia’s geothermal project, his fears for the impact of climate change on […]

COO of OPIC, John Morton, imparts importance of clean energy in the Caribbean

September 3, 2015

In a recent blog post on the US State Department Website, John Morton, COO of the Overseas Private Investment Corporation (OPIC), details the importance of energy security and clean energy in the Caribbean region. Having recently signed a $43 million loan agreement with WRB Enterprises (CREF 2015 Gold Sponsor) for the construction of a 20 […]