LED - New Energy Events

IDB Invest approves $2m credit facility for Caribbean LED Lighting
August 7, 2020
IDB Invest, a member of the Inter-American Development Bank (IDB) Group, approved a revolving credit facility of up to US$2 million to Caribbean LED Lighting Inc. (CLL) in Barbados. The facility will facilitate access to finance for the private sector, and will be used to expand the operations of the company within the Caribbean region […]
Blue Economy Accounted for 7% of Jamaica’s GDP in 2017
February 12, 2020
The Blue Economy was responsible for more than US$1 billion of GDP in Jamaica in 2017, according to Caribbean Development Bank (CDB) Director of Economics Dr. Justin Ram. The announcement was part of the CDB’s annual news conference in Barbados, and included wider discussions about economic growth in the region. Among the economic leaders in […]
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. […]
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 […]
CDB approves $25m for Jamaica LED streetlight program
July 25, 2017
The Board of Directors of the Caribbean Development Bank (CDB) has approved funding of $25 million to replace existing streetlights in Jamaica with high efficiency light-emitting diode (LED) lamps. The funds are being provided to the Jamaica Public Service Company Limited (JPSCo), and will facilitate the replacement of approximately 105,000 high pressure sodium and mercury […]
Antigua and Barbuda: 14,000 LED streetlights to reduce carbon emissions
February 13, 2017
The Government of Antigua and Barbuda is set to replace that country’s existing streetlights with energy-efficient LED lights. This is being done through funding from the Caribbean Development Bank (CDB). The project, which was launched on February 9, 2017, at the Sir Vivian Richards Stadium in Antigua, will see over 14,000 high pressure sodium and […]
JPS gets $50-m grant for smart LED streetlight project
July 1, 2016
New LED streetlights will illuminate much of Jamaica starting in December 2016. An agreement between to the Jamaica Public Service (JPS) and the United States Trade and Development Agency (USTDA) will include the conversion of 105,000 streetlights from High Pressure Sodium to Light Emitting Diode (LED); a J$50 million grant from USTDA will fund the […]
St. Lucia: LED lighting to cut government spending on electricity by a third
June 2, 2016
The installation of LED bulbs in street lamps is expected to cut government spending on electricity by one third annually. Savings will total $6 million per year. The board of directors of the Caribbean Development Bank approved $9.5 million in funds for the project. Saint Lucia’s Energy Minister, Hon. Dr. James Fletcher, stated that the […]