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Market News

  • New Trinidad and Tobago solar project to be “largest in Caribbean”

    November 5, 2020

    Trinidad and Tobago’s Finance Minister, Colm Imbert said government has secured two bidders who will deliver 112 megawatts of power from renewable energy. The government is confident that once the planned solar power project is completed “it will be the largest in the Caribbean.”     Source

  • UK’s top trade official on the Caribbean energy transition: ‘There is no time to waste’

    From our Editorial Team

    November 4, 2020

    By: Darren Henry, UK Trade Envoy to the Commonwealth Caribbean We are at a critical moment for the future of our planet. Temperatures are rising, storms are raging, crops are failing. It is vital that as we approach the next United Nations Climate Change Conference, COP26 in Glasgow, we increase climate ambition around the world, […]

  • World Bank Provides Funds for Sustainable Renewable Energy in Haiti

    November 4, 2020

    The World Bank said it’s upping its financing of the Haiti Renewable Energy for All Project to scale up investments in order to expand and improve access to electricity for health infrastructure, households, businesses and community services.   Source

  • Caribbean Transitional Energy Conference (CTEC 2020) will focus on role of clean energy in post-COVID Caymanian economy

    November 3, 2020

    On the heels of New Energy’s CREF conference, the Cayman Islands is gearing up for an encore event set to take place virtually on November 19. The impressive line-up of guest speakers includes His Excellency the Governor, Martyn Roper O.B.E. and the Honorable Joseph Hew, Minister of Commerce, Planning and Infrastructure.     Source

  • Blue Lagoon Iceland, Grindavík, Iceland

    New IDB report on the status of geothermal industry in LAC region

    November 2, 2020

    New Energy teamed up with the Inter-American Development Bank to release an in-depth market report about the road ahead for geothermal energy Latin America and the Caribbean.   Source

  • Post-Maria, 2017 | Photo: Carlos Rivera Giusti

    Construction begins on hurricane-resistant clean energy power plant in Antigua and Barbuda under UAE-Caribbean Renewable Energy Partnership Fund

    October 26, 2020

    The UAE-Caribbean Renewable Energy Partnership Fund has announced the start of construction for a hurricane-resistant clean energy plant in Antigua and Barbuda to help the twin-island nation recover from the devastating effects of Hurricane Irma in 2017. Source

  • Latin American solar

    The hydrogen economy opportunity in South America

    October 26, 2020

    In the last decade the importance of hydrogen as an energy vector and the need to decarbonise the energy supply dictated by climate change initiatives, combined with the rapid progress of renewable electricity generation from wind and solar energy that is becoming more competitive with traditional generation methods, and the advances made in hydrogen produced […]

  • Capture of CO2 and Hydrogen as Part of Latin America’s Energy Future

    October 26, 2020

    While struggling to increase the generation and consumption of renewable energy, Latin America is beginning to see the rise of new technologies, such as the capture and storage of carbon and hydrogen from fossil fuels or wind and solar energy. Source

  • Screaming Power enters the Caribbean market

    October 24, 2020

    Screaming Power, a leading North American provider of branded utility billing, monitoring, conservation, and energy data management platforms announced their entry into the Caribbean market. Screaming Power concluded its first international sale with the Trinidad & Tobago Electricity Commission (T&TEC), awarded through a Request for Quotation (RFQ). Source

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