Investment

One year on: What do we know about the Caribbean Climate-Smart Accelerator?

From our Editorial Team

June 3, 2019

The Caribbean Climate-Smart Accelerator, formed in response to the 2017 hurricane season, is an entrepreneurial engine, setting an ambitious agenda to create the world’s first “climate-smart zone”. The coalition, which includes 26 countries and over 40 private and public sector partners, seeks to catalyze transformative investments and partnerships across priority areas including clean energy, resilience, […]

High-level delegation visits Costa Rica to discuss investment, renewable energy

March 5, 2019

Indian Vice-President Venkaiah Naidu is part of a high-level delegation which will visit Paraguay and Costa Rica this week.  This visit’s purpose is to discuss the opportunities of their bilateral relations in trade and investment – renewable energy, especially hydroelectric, will also be discussed. Source

Bloomberg reports clean energy investment exceeded USD300bn

January 24, 2019

Bloomberg New Energy Finance (NEF) have reported that USD 332.1 billion were invested in global clean energy in 2018. This figure is down 8% from 2017, but is nonetheless the “fifth year in a row in which investment exceeded the USD 300 billion mark”, reported the research company. For the solar industry, global PV installations […]

Dominican Republic to facilitate wind and solar energy investments

January 17, 2019

The Dominican Republic has reopened requests for provisional concessions for wind and solar energy projects, “with the hope of revitalising investment in this sector”, said the National Energy Commission (NEC).  Ángel Canó, NEC’s Executive Director, has stated that 2019 is a promising year for renewable energies in the Dominican Republic, “considering the interest over the […]

Spain to invest in Cuba’s renewable energy sector

November 29, 2018

Spain’s Prime Minister Pedro Sanchez announced his plans to keep investing in Cuba, including their renewable energy sector. The Prime Minister spoke at a forum held in Cuba for over 200 Spanish and Cuban companies. Government spokeswoman Isabel Celaa said Cuban and Spanish officials spoke at length about climate change and renewable energy. Spain is […]

Israel seeking relationship with the Bahamas focusing on renewable energy

November 26, 2018

Bahamas officials recently hosted a delegation from Israel, and engaged in discussions on renewable energy investment and development. The team of Israeli delegates travelled to the Bahamas to host a seminar on renewable energy. The Deputy Chief of Staff for the Embassy of Israel to Belize and the Bahamas, Alon Lavi, emphasised the business opportunities […]

Jamaica’s energy policy focusing on renewables: a magnet for investment

November 14, 2018

Jamaica is a “leader in the Caribbean”, with a renewable energy sector that is particularly attractive for investment, said Managing Director of MPC Capital (MPC), Mr. David Delaire. MPC is a global asset and investment manager for alternative investments. The German company’s subsidiary, MPC Renewables Energy GmbH, will start selling electricity to the Jamaica Public […]

French private sector shows increased interest in Jamaica’s renewable energy sector

November 13, 2018

Jamaica’s Foreign Affairs and Foreign Trade Minister, Senator Kamina Johnson Smith, emphasised the growing bilateral relations between France and Jamaica, especially in regards to business and investment opportunities. This relationship, said the Minister, is supported by “sincere people-to-people cooperation and exchanges, and increased business interest in Jamaica”. The Minister spoke at ‘A Touch of France’, […]

Germany will open office in Cuba for the promotion of investment and economic exchange

November 1, 2018

The office for the promotion of trade and investment will be inaugurated by German officials in Cuba next week. This office will serve as an information hub for German and Cuban businesses to remain updated about investment opportunities and offers on the Caribbean island. The larger aim of the project is to promote economic exchange […]