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Market News

  • Devastating hurricanes in Caribbean five times likelier if climate targets not met

    October 5, 2020

    Researchers believe the chances of a devastating storm in the Caribbean will increase five-fold if the Paris climate targets – to limit the global average temperature increase to 2C above pre-industrial levels – are not met. Source

  • Eight Reasons to Safeguard Western Puerto Rico’s Ocean and Coast

    October 5, 2020

    From fishing and diving to community gatherings, Puerto Rico’s culture and economy rely on a healthy environment and blue economy, says Pew Trusts. Source

  • Caribbean Motors steering Belize into the future with electric cars

    October 5, 2020

    Caribbean Motors is opening the next chapter in Belize’s legacy of positive environmental actions by bringing in Belize’s first line of electric cars. Source

  • Video – Virtual tour of Platanares geothermal power plant of Ormat in Honduras

    October 5, 2020

    Ormat Technologies shares an overview on the development of the Platanares geothermal power plant by GeoPlatanares in Honduras. Source

  • Bajans keen on renewable energy

    October 5, 2020

    Emera Caribbean Renewables Ltd (ECRL) is reporting an increased interest in renewable energy systems among Barbadians, especially in the last year. Source

  • Dominica

    Green recovery of Latin America and the Caribbean is possible and necessary

    October 1, 2020

    According to the World Bank Group, they “have married investment in COVID-19 response and recovery with finance that prioritizes inclusive development and longer-term resilience across our portfolio in the region. Source

  • Bermuda Government leads from front on electric vehicles

    September 29, 2020

    Contractors have been asked to respond to a request for proposal on the supply of electric vehicles for the government fleet. The Bermudian government is attempting to procure a fleet of over 600 vehicles includes motorcycles, cars, trucks and various medium and heavy-duty vocational vehicles. Source

  • Geothermal

    Is the time ripe for an expanded geothermal industry in Latin America & the Caribbean?

    From our Editorial Team

    September 10, 2020

    Teeing up the discussions that will take place at GEOLAC Virtual next week, four household names came together on August 26 for a webinar discussion to assess the prospects for geothermal against the backdrop of a pandemic and fiscal crises across the region. The conclusion? The industry needs to find new ways to market itself […]

  • Haiti makes big moves for rural solar mini-grids

    September 10, 2020

    The Haitian Government launched a new program for the development of privately led mini-grids in Haiti. PHARES (Programme Haïtien d’Accès des communautés Rurales à l’Energie Solaire – Haitian Program for Access to Solar Energy in Rural communities) is a bottom-up supported by both IDB and World Bank. The program provides subsidies to private developers/operators to […]

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