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Market News

  • RMI and Bermuda sign MOU for energy transformation project

    November 16, 2018

    The Rocky Mountain Institute, an independent and world-leading energy advisor, and the Government of Bermuda have signed an agreement for two proposals which will launch the Energy Transition Project in Bermuda. The initiative aims to modernise the transportation and energy sectors on the island, providing cleaner alternatives and reducing costs for citizens. The first arm […]

  • New solar power self-consumption installation in Costa Rica

    November 15, 2018

    Solar power company Enertiva has started construction on a 244kWp in the Guanacaste province in Costa Rica. Enertiva designs, commercialises and installs solar technology solutions in Central America. The company currently operates in Guatemala, El Salvador, Honduras, Costa Rica, Panamá and Nicaragua. The project now under construction in Costa Rica will include the installation of […]

  • USD 50m fund opens application process for renewable energy projects in developing countries

    November 15, 2018

    The International Renewable Energy Agency (IRENA) and Abu Dhabi Fund for Development (ADFD) Project Facility has entered its seventh funding cycle. The partnership offers over USD 50 million in funds for government-backed renewable energy projects in developing countries. Projects are invited to submit applications for funding before February 14th 2019. These are available for projects […]

  • Jamaica’s energy policy focusing on renewables: a magnet for investment

    November 14, 2018

    Jamaica is a “leader in the Caribbean”, with a renewable energy sector that is particularly attractive for investment, said Managing Director of MPC Capital (MPC), Mr. David Delaire. MPC is a global asset and investment manager for alternative investments. The German company’s subsidiary, MPC Renewables Energy GmbH, will start selling electricity to the Jamaica Public […]

  • Geothermal power plant

    World Bank report emphasises untapped potential of geothermal in LAC region

    November 13, 2018

    The World Bank has released a new report, ‘Opportunities and challenges for scaling-up geothermal development in LAC’ exploring the role and growth of geothermal power in Latin America and the Caribbean. The report aims to support decision-makers in the region and provide information to facilitate the expansion of geothermal development. The role of geothermal power […]

  • RENAC and IFC to support green banking transformation in LAC region

    November 13, 2018

    The International Finance Corporation (IFC), a World Bank Group member, and the Renewables Academy AG (RENAC) have signed a cooperation agreement to support green banking in Latin America and the Caribbean. The main aim of the partnership is to work towards greener banks and financial institutions which integrate climate change mitigation and adaptation goals into […]

  • Climate Mitigation

    French private sector shows increased interest in Jamaica’s renewable energy sector

    November 13, 2018

    Jamaica’s Foreign Affairs and Foreign Trade Minister, Senator Kamina Johnson Smith, emphasised the growing bilateral relations between France and Jamaica, especially in regards to business and investment opportunities. This relationship, said the Minister, is supported by “sincere people-to-people cooperation and exchanges, and increased business interest in Jamaica”. The Minister spoke at ‘A Touch of France’, […]

  • USD 100m loan deal for renewable projects in Central America

    November 12, 2018

    The Central American Bank for Economic Integration (CABEI) and the Japanese Bank for International Cooperation (JBIC) have signed an agreement to provide a USD 100 million loan for energy efficiency and renewable energy projects in Central America. This loan aims to strengthen green financing operations, and support projects that generate clean energy, encourage regional development […]

  • UK-Chinese joint venture to build 50MW of solar in Cuba

    November 9, 2018

    Hive Energy Ltd and the UK unit of Shanghai Electric Group Co Ltd, SE Energy Investment Co, have set up a joint venture to carry out a 50MW solar project in Cuba. Hive Energy is UK-based solar developer with projects around the globe. SE Energy Investment is the subsidiary of equipment manufacturing conglomerate, Shanghai Electric […]

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