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Infrastructure

  • U.S. firm Eagle LNG signs deal to set up Aruba receiving terminal

    December 20, 2021

    U.S. firm Eagle LNG Partners signed a long-term contract to set up a $100-million liquefied natural gas (LNG) receiving and regasification terminal in Aruba with domestic power and water utility WEB Aruba, the companies said. The Aruba LNG terminal, located at Refineria di Aruba, the site of an idled refinery in the city of San […]

  • Build Forward: An ambitious initiative to accelerate the energy transition in the Caribbean

    November 29, 2021

    By Therese Turner Jones and Roberto G. Aiello While the Caribbean’s Greenhouse Gas (GHG) emissions are low compared to the global aggregate, the region is highly vulnerable to the impacts of climate change, manifest in rising sea levels, warmer temperatures and increased intensity of hurricanes. The last three years have also seen a record rise […]

  • Policy action for climate resilient energy systems in small islands vulnerable to hurricanes

    August 25, 2021

    With over 30 storms named, 2020’s Atlantic hurricane season was the most active on record and the tenth consecutive year with eight or more billion-dollar disasters. Caribbean consistently ranks as one of the regions most vulnerable to climate change and is prioritizing adaptation measures and infrastructure that may reduce the costs of climate-related disasters and build […]

  • How the United States’ renewed leadership on climate is impacting energy sector priorities in the Caribbean

    August 4, 2021

    As regional leaders around the world convene to decide on climate investment commitments in advance of COP26, this webinar hosted by Deloitte and Rocky Mountain Institute will bring together key stakeholders to discuss how the U.S.’ renewed leadership on combatting climate change is impacting renewable energy sector priorities in the Caribbean. This event will bring together representatives […]

  • Electric mobility advances in Latin America and the Caribbean in the context of the pandemic – new UNEP report

    July 30, 2021

    The changes in the use of transport as a result of the COVID-19 pandemic and the national recovery plans are an opportunity for the governments and companies of Latin America and the Caribbean to accelerate the transition towards electric mobility, according to a United Nations Environment Program (UNEP) report released today. Source

  • Tourism-Dependent Caribbean sees signs of life on travel uptick

    July 2, 2021

    Some Caribbean nations are seeing signs of a recovery in tourism after border closures and the Covid-19 pandemic decimated their economies last year. As vaccinations increase and people eye travel, Caribbean nations stand to benefit due to their proximity to the U.S., Senior Director for Fitch Ratings Charles Seville said. Many Caribbean islands have few […]

  • Puerto Rico Energy Bureau OKs $1.2B in electrical infrastructure projects

    June 18, 2021

    The Puerto Rico Energy Bureau has approved $1.2 billion to be used for all electrical infrastructure projects included in the Puerto Rico Electric Power Authority’s (PREPA) 10-year infrastructure plan.   Source

  • Dominican Republic inaugurates 120 megawatt solar energy park

    June 17, 2021

    President Luis Abinader inaugurated the largest renewable energy park in the Antilles and another act, the Duarte highway kilometer 58, both works in the province of San Cristóbal. The president’s plan began in Yaguate with the inauguration of the Girasol Solar Park of the electric generation company EGE Haina, built for 100 million US dollars. […]

  • Hard-hit by COVID-19, Latin America seen skimping on climate cash

    June 15, 2021

    Latin America is investing too little in a green economic recovery from COVID-19, with only 2% of the region’s stimulus funds being spent on projects that help fight climate change, new data from Oxford University showed. Last year, 33 Latin American and Caribbean nations allocated $318 billion to fiscal and stimulus measures, but the tiny […]

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