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Market News

  • Dominican Republic breaks ground on PV plant

    February 28, 2019

    The Dominican Republic has broken ground on a new 5MW solar PV project. U.S. company WCG Energy Ltd started the installation of the photovoltaic park. The solar energy park is located in Mata de Palma, Guerra, and will provide 80 000 inhabitants with electricity. The project will provide 110 million KW per year of clean […]

  • New energy storage solution for Bermuda

    February 27, 2019

    French company Saft will deliver a turnkey order to supply an energy storage system to the Bermuda Electric Company (BELCO). The turnkey provided by Saft will help the system supply up to 10 MW power for spinning reserves, and to maintain grid stability. This new project follows from the Electricity Act passed by the Government […]

  • Solar PPAs in Latin America

    1.25 MW solar PV plant inaugurated in Cuba

    February 26, 2019

    A new solar energy park has been inaugurated in Cuba. The photovoltaic project was financed by the Abu Dhabi Fund for Development.  Located in the province of Sancti Spiritus, the solar park will generate approximately 1, 875 MWh per year, which will be fed into the National Electro-Energetic System (SEN). The solar park will also […]

  • Largest solar park in Costa Rica completed

    February 25, 2019

    The Cooperative Solar Park, a 5MW solar energy project in Costa Rica, has been completed, announced the North Zone Electrification Cooperative.  It is the largest solar park in the country, alongside another 5MW solar park run by the Costa Rica Institute of Electricity. The solar project consists of 19 000 solar panels. It will generate […]

  • Caribbean countries urged to fully develop energy sector

    German wind project developer enters market in Panama

    February 25, 2019

    PNE AG, a German wind projects developer, has bought five wind energy projects in Panama – their first movie for entering the Latin American renewable energy market. The company delivers clean energy projects through their phases of development, project planning, realisation, financing and operation. Their operations are international, with a presence in fourteen countries on […]

  • Jamaican project harnesses solar energy to produce drinking water

    February 22, 2019

    Solar Buzz Jamaica has finalised a project at the University Hospital of the West Indies Children’s Ward which produces drinking water from sunlight and air. The off-grid and self-sufficient hydro panel system uses a technology called Source. With advanced water capture technology, it harnesses air and sunlight to produce from four to ten litres a […]

  • CARIF Webinar

    Costa Rica awards contract for microgrid project

    February 19, 2019

    CleanSpark has won a contract to serve as the technical consultant and microgrid control vendor for a large industrial park in Costa Rica. This is CleanSpark’s first contract outside the United States. The company specialises in advanced engineering, software and controls for innovative energy resource and microgrid deployments.  CleanSpark’s statement of purpose is to provide […]

  • Barbados government commits to electric buses and all-electric fleet by 2030

    February 18, 2019

    Electric buses will start operating throughout Barbados ‘by year-end’, said Minister of Energy Wilfred Abrahams. Initially, the Ministry of Transport will order twenty buses and work towards an all-electric fleet of government vehicles over the next 11 years. Minister Abrahams said, “We are moving to a completely electric fleet not just of buses but Government vehicles […]

  • Contract signed for El Salvador’s first wind park

    February 18, 2019

    Ventus SA de CV (Ventus) has signed a contract with El Salvador’s Economy Minister Luz Estrella Dominguez to build a 54MW wind park. Ventus is a unit of the Guatemalan power generation operator, Tracia Network Corporation, and will be in charge of the wind park’s construction. This project will be financed over ten years by […]

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