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Market News

  • Solar park in Antigua enters into commission

    January 11, 2019

    The Swiss-based clean energy company, The meeco Group, has announced two of its solar projects, totaling 4.44 MWp, simultaneously entered into operation – one in Germany, and the other in Antigua. The projects were both commissioned in December 2018, on the same date. The Bethesda project, in Antigua, built and commissions by PV Energy, is […]

  • BMR Energy new owner and operator of solar farm in Cayman Islands

    January 11, 2019

    BMR Energy, a member of the Virgin Group, announced it has bought and will subsequently take over operations for a 5MW solar plant in the Cayman Islands. The company develops and operates clean energy projects in the Caribbean and in Latin America. BMR Energy also has projects in the U.S. Virgin Islands, Guatemala and Jamaica. […]

  • Solar PV project furthers rural electrification in Panama

    January 10, 2019

    The energy and water foundation acciona.org, the corporate foundation of ACCIONA, a global energy company, has brought electricity to 2.250 people in seven indigenous communities in Panama. The Luz en Casa Ngäbe-Buglé project, the foundation’s first project in Panama installs solar home systems at lower costs than alternative lighting systems. Similar projects have already been […]

  • Geothermal Plant

    55MW Costa Rican geothermal project to be completed by mid-year

    January 10, 2019

    The Las Pailas II Geothermal Project is set to integrate into the Costa Rican National Electric System (SEN) in six months time, after a final testing phase. The plant, located in the northwest of the country, will generate sustainable electricity from 55MW of installed capacity.  Las Pailas II is the seventh plant of this type […]

  • Biogas network grows in Cuba

    January 9, 2019

    A local engineer, Alexander López Savran, has used his bio-digester innovation to create a distribution network for biogas in neighboring communities in Cuba. “A new bio-digester has been designed to obtain pressure, which means that biogas can be distributed more than five kilometres away without the need for a compressor or blower,” said Mr. Savran, […]

  • Electric vehicles industry is making strides in Costa Rica

    January 8, 2019

    Experts in the Costa Rican transport sector and industry predict changing tides and an increase in the use of electric vehicles in the country. Currently, only 600 out of 1.4 million private vehicles run on electricity. However, this is twice  the number of electric vehicles that were on the roads in 2017.  Bernal Munoz, a […]

  • Island Resilience

    Barbados fund commits to financing energy sector

    January 7, 2019

    Barbados’ Enterprise Growth Fund Limited (EGFL) has funded $15.9 million worth of energy projects through its Energy Smart Fund. Mr. Timothy Simmons, the fund’s CEO has reported substantial progress of the renewable energy sector in Barbados, in part supported by the Energy Smart fund. The EGFL funds renewable energy projects for a company, and reduces […]

  • Guyana to explore its wind power generation potential

    January 4, 2019

    Guyana’s Ministry of Public Infrastructure has installed wind measurement stations along its coast to determine the potential of wind as a source for energy generation. “Our department has done a lot of work with solar energy over the years”, said Horace Williams, CEO of Hinterland Electricity Company Incorporated (HECI), the body undertaking this project. “We […]

  • Blue Lagoon Iceland, Grindavík, Iceland

    Dominica to start construction on geothermal project in Q3 2019

    January 3, 2019

    The Government of Dominica has announced its goal to start construction of a geothermal power plant before the end of this year. The project, located in the Roseau Valley and just outside the island’s capital city, is funded by the IDB and the Caribbean Development Bank, with support from the World Bank. In March 2018, […]

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