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  • CDEMA and US to partner on disaster resilience

    September 10, 2020

    The United States government in partnership with the Caribbean Disaster Emergency Management Agency (CDEMA) launched a new USD$4.5 million initiative entitled Caribbean Climate Resilience Initiative to help countries reduce disaster risks as well as absorb and recover from hazard impacts and climate variability. Source

  • Dominican Republic power grid may prioritize hydro over solar and wind

    September 10, 2020

    Dominican Republic power grid coordinator OC released a report with proposals to guarantee supply in the country’s four grid geographic areas in case of isolated operations due to atmospheric phenomena. OC recommends prioritizing dispatch from hydro plants due to their versatility and avoiding dispatch from solar and wind. Source

  • Jamaica to develop electricity loss reduction roadmap

    September 10, 2020

    IDB approved technical cooperation funds to help Jamaica’s energy ministry develop a national electricity loss reduction plan. A roadmap will be drafted to determine the role of stakeholders, primarily power utility JPS, and required investment and technologies, and address regulatory, legal and institutional issues, among other areas. Source

  • Canada’s Evolve LFP storage technology now in Caribbean markets

    September 10, 2020

    Canadian energy storage technology manufacturer and system integrator, Eguana launched Evolve LFP, a lithium iron phosphate (LFP) version of its own storage system into Caribbean markets. The company, which supplies Q CELLS in Germany in addition to making its own systems and counts Japanese trading company ITOCHU among its investors, said its residential product line, […]

  • Going virtual – The NEE experience; An Interview with CEO Matthew Perks

    September 10, 2020

    Our CEO caught up with Alex Richter from ThinkGeoEnergy–virtually of course. Among other items, they discussed the challenges of holding events during a pandemic and how going virtual brings unexpected advantages.  Richter and Perks also discussed the upcoming GEOLAC event, Sept. 15-17, 2020 and the urgency around helping the industry continue to move forward. Read […]

  • The Bahamas gets a boost for Blue Economy

    September 10, 2020

    The IDB approved a US$200 million loan to promote the blue economy in The Bahamas. The program scope looks to supporting the Micro, Small and Medium Enterprises (MSMEs) continuity, modernizing the institutional and legal framework to protect the natural resources, and economic diversification. Source

  • Latin America shows supply chain resilience in a time of disruption

    September 10, 2020

    The most important factor that has helped companies in this region survive the coronavirus pandemic so far has been supply chain resiliency writes Ian Cartier, Vice President & Head of Digital Supply Chain and Manufacturing Solutions at SAP Latin America & the Caribbean for Forbes. Source

  • In blow to natural gas, Puerto Rico regulators affirm solar-centric grid overhaul

    September 2, 2020

    The Puerto Rico Electric Power Authority will be required to acquire thousands of megawatts of renewables and storage in the coming years, according to an order from the island’s energy regulators. Source

  • Prime Minister Mia Mottley to chair joint World Bank, IMF committee

    August 20, 2020

    Mia Amor Mottley, Prime Minister, Minister of Finance, Economic Affairs and Investment of Barbados has been nominated to serve as Development Committee Chair, in a joint appointment with Mesdames Azucena Arbeleche, Minister of Economy and Finance of Uruguay. In line with the nomination by the Chairs of the Latin American and the Caribbean Region, the […]

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