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Market News

  • Honduras uses solar power to update rural electrification systems

    November 27, 2018

    The Honduras Institute for Community Development, and Water Sanitation has installed solar-powered decentralised electricity systems for thousands of isolated homes, schools and a health centre. This electrification plan is led by the Pro-Energía Rural, one of the largest social programmes for alternative energies in Latin America. The programme focuses on supporting the most vulnerable and […]

  • Global Sustainable Blue Economy Conference kicks off in Nairobi

    November 26, 2018

    Today marks the start of the inaugural Sustainable Blue Economy Conference in Nairobi, Kenya. The conference is hosted by Kenya, along with Canada and Japan and will see over 12 000 delegates discussing the opportunities and challenges which lie ahead for the world’s ocean economy. The conference will focus on how a blue economy -which […]

  • Island Resilience

    Israel seeking relationship with the Bahamas focusing on renewable energy

    November 26, 2018

    Bahamas officials recently hosted a delegation from Israel, and engaged in discussions on renewable energy investment and development. The team of Israeli delegates travelled to the Bahamas to host a seminar on renewable energy. The Deputy Chief of Staff for the Embassy of Israel to Belize and the Bahamas, Alon Lavi, emphasised the business opportunities […]

  • Hybrid solar farm in Guyana to be commissioned soon

    November 23, 2018

    Guyana’s Department of Public Information and its Ministry of Public Infrastructure announced that the construction and installation of the GYD 264 million solar farm in Mabaruma is now complete. This hybrid solar system will add significant diversity to the region’s energy mix, providing renewable energy to 75 percent of the community. The last phase of […]

  • Jamaica - hot air or steam?

    Geothermal project in St. Kitts & Nevis looking for investment

    November 23, 2018

    The Nevis Island Administration (NIA) announced that the geothermal project on the island is stalling whilst they look for further fund to support the production of renewable energy. Premier Mark Brantley said between USD 50 to USD 60 million are needed so the project may move forward. The first phase of the project, the exploration, […]

  • Montserrat and St. Lucia to take part in renewable energy expertise sharing platform

    November 22, 2018

    The UK-based Institute for Environmental Analytics recently announced its plans to share and develop its renewable energy analytics and satellite weather data platform (RE-SAT) to six island states, including two in the Caribbean. Montserrat and St. Lucia, as well as four other island states in the Pacific and Indian Oceans, will be able to use […]

  • Enel announces more than half of projects will be carbon-free by 2021

    November 22, 2018

    Global utility and electricity distributor Enel announced its plans to invest over €10 billion in 11.6GW of new renewable energy capacity from now to 2021. In a presentation detailing its 2019-2021 industrial plan, Enel announced its production would go from 48% carbon free to 62%, tipping the scales to a majority of renewable and clean […]

  • Power plant in Guadeloupe to convert from coal to biomass

    November 22, 2018

    The French island of Guadeloupe has announced plans to convert a coal-fired power plant to a biomass plant. The draft Power Purchase Agreement (PPA) was approved between the facility, the Albioma Caraïbes plant, and the French energy regulator (CRE). Albioma, an independent renewable energy producer focused on biomass and photovoltaics,  operates the plant. The power […]

  • 50 percent renewables in Jamaica

    Costa Rica reaches milestone in wind energy generation

    November 21, 2018

    Costa Rica’s National Electric System (SEN) reached its highest number in generation of wind power since it began operating. Costa Rica was the first country in Latin America to add wind energy to its electricity matrix, in 1996. This year, the country has accumulated over 1500 GW/h, surpassing the 1290 GW/h generated in 2017, with […]

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