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Jamaica

  • Deetken Impact Sustainable Energy announces its first investment in solar energy in Jamaica with Soléco Energy

    September 15, 2021

    Impact asset manager Deetken Impact Sustainable Energy (DISE), is thrilled to announce its first investment in solar energy in Jamaica.  An investment sponsored by woman-led Soléco Energy.  DISE’s investment is carried out through its two renewable energy managed Funds, H-REFF (Honduras Renewable Energy Financing Facility) and CABEF (Caribbean Basin Sustainable Energy Fund), that co-invest in […]

  • Jamaica targets IRP progress, aims to procure 320MW of renewables this year

    August 17, 2021

    The Caribbean’s leader in renewable energy, Jamaica, is looking to procure 320MW of renewables this year as part of plans to diversify its energy sector. Jamaica’s government is working towards an ambitious Integrated Resource Plan which has established how the island intends to procure power over the next 20 years. The initiative has set a […]

  • MPC Clean Energy stock jumps more than 25%

    July 21, 2021

    MPC Caribbean Clean Energy Limited saw its value increase by more than a fourth as it led gains Friday in trading on the Jamaica Stock Exchange (JSE). The stock rose 25.64 per cent to close at $147, with only 76 units trading. Source

  • Integrate Caribbean energy services markets

    June 28, 2021

    Integration of the Caribbean energy services markets could help to make businesses more competitive and reduce costs for project development and hence, eventual prices to consumers. This should be a focus for CARICOM in the implementation of the Single Market and Economy. There has been a lot less emphasis on making sure that energy services are able to be traded […]

  • SDG Index 2021: How did Caribbean countries perform?

    June 15, 2021

    Released annually, the Sustainable Development Report is a key resource for tracking countries’ progress towards achievement of the SDGs which are part of the 2030 Agenda for Development agreed to by UN Member States, including those in the Caribbean, in 2015. For those Caribbean countries ranked, Cuba was the highest with a rank of 49 […]

  • CAC, Tropical Battery form new energy venture

    June 6, 2021

    CAC 2000 and Tropical Battery have forged an energy partnership under a joint venture called ENRVATE Limited that will trade in energy-saving solutions in Jamaica and the Caribbean. The company, which was incorporated at the end of April and became operational on June 1, is being led by Steven Marston, who recently gave up his […]

  • US, Caribbean mend fences on energy cooperation

    April 26, 2021

    A meeting yesterday among US secretary of state Tony Blinken and foreign ministers of Caribbean regional trade group Caricom has rekindled cooperation in several areas including energy, Caribbean officials told Argus today. Source

  • MPC Caribbean Clean Energy assessing impact on tariff reduction at its Costa Rican associated company, Tila Wind

    March 24, 2021

    Jamaica and Trinidad cross listed company MPC Caribbean Clean Energy Limited is now assessing the commercial impact of the Costa Rican light and power company reducing the tariff on energy produced by its associated renewable energy company in that country, Tila Wind Corporatión S A, which trades under the name Tilawind. Source

  • USTDA, Caribbean nations partner on energy procurement

    March 13, 2021

    The U.S. Trade and Development Agency launched the Caribbean Regional Energy Procurement Assistance Program  to support the development of high-quality energy infrastructure in eight Caribbean countries; Belize, Dominica, Grenada, Guyana, Jamaica, St. Lucia, St. Vincent and the Grenadines, and Suriname. The Program will deliver targeted procurement training to officials who manage energy sector investments in these […]

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