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Market News

  • Teranov and the Government of St Kitts join forces for the development of geothermal energy

    September 10, 2015

    Announced today in an email sent by Teravov to the market, the Government of St Kitts-Nevis and Teranov will join efforts to establish a public-private partnership, with the ultimate goal to generate electricity via a geothermal power plant. A Memorandum of Understanding, committing the two parties and governing the terms of this collaboration, has now […]

  • Dominica

    Caribbean Centre for Renewable Energy and Energy Efficiency to Open this October

    September 9, 2015

    Earlier this week, Barbados Energy Minister and CREF 2015 speaker, Darcy Boyce, announced the establishment of the Caribbean Centre for Renewable Energy and Energy Efficiency. The goal of the Centre is to advance standardization of renewable energies across all Caricom nations and to allow all countries to work together to overcome technological and legislative barriers. The centre will […]

  • Trinidad and Tobago’s election will have implications for its future energy policy

    September 7, 2015

    As the citizens of Trinidad and Tobago head to the polls, they are “largely uninformed of a worsening economic outlook.” Aside from the social issues (mainly drug trafficking) and infrastructure development, the largest issue affecting Trinidad and Tobago’s election surrounds its energy future and future energy policy.

  • Greentech Media calls Honduras “Central America solar success story”

    September 7, 2015

    Greentech Media celebrates Honduras – A Central America Solar Success Story. Our friends and media partners over at Greentech Media have heralded Honduras’s policies and its utility for creating “Central America solar success story.” The policies described, along with 20 year purchase agreements from ENEE, have opened the door for foreign investment to come into Honduras’s solar market. GTM also predicted […]

  • Soventix breaks ground on utility-scale PV plant in Dominican Republic

    September 5, 2015

    German IPP, Soventix, recently broke ground on a 30 MW utility-scale PV plant in Dominican Republic area of Monte Plata. Until this plant goes into operation early next year, the largest solar arrays in the Dominican Republic comprise a pair of facilities both less than 2 MW. This project is one of three large PV […]

  • OTEPI, along with partner UGE, continue success in Panama with large-scale commercial project to cut energy use

    September 4, 2015

    A leading storage company in Panama, Mega Storage, will offset 30% of their energy use after signing a deal with OTEPI to install solar on all of their facilities. Commercial and industrial projects, such as this one, provide private companies with more predictable expenses, reduces their risk to volatile energy prices, and increases their overall […]

  • COO of OPIC, John Morton, imparts importance of clean energy in the Caribbean

    September 3, 2015

    In a recent blog post on the US State Department Website, John Morton, COO of the Overseas Private Investment Corporation (OPIC), details the importance of energy security and clean energy in the Caribbean region. Having recently signed a $43 million loan agreement with WRB Enterprises (CREF 2015 Gold Sponsor) for the construction of a 20 […]

  • Latin & Central America Divided Between Oil and Green Energy

    August 31, 2015

    The competition grows fierce between oil and green energy in Latin & Central America. With billions of dollars in fuel subsidies and tremendous renewable energy systems both installed and in the pipeline, Latin America is a continent divided. In a region where energy demands are expected to double within the next fifteen years, each country […]

  • Water, Climate, Energy Intertwined with Fight Against Poverty in Central America

    August 31, 2015

    Water, climate, energy policies are key to fighting poverty in Central America. According to Victor Campus of the Humboldt Center, an environmental think-tank in Nicaragua, Central American poverty cannot be solved without universal access to a sustainable power supply, water and climate change adaptation techniques. Developing tools in these domains is critical to the success […]

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