Market News

Falling Oil Prices Won’t Derail St. Lucia’s Push for Clean Energy

June 15, 2015

At Plas Kassav, a roadside outlet in Canaries, a rural community in western St. Lucia, a busload of visitors from other Caribbean countries, along with tourists from North America and Europe, sample the 12 flavours of freshly baked cassava bread on sale. In the back of the shop, employees busily sift the grated cassava and […]

$20M Waste to Energy Deal Sealed on Caribbean’s Nevis Island

June 12, 2015

The government of Nevis Island, a small island in the Caribbean Sea, has signed off a deal that will see a waste to energy facility constructed on the island in partnership with Baltimore, Maryland based renewable energy firm, Omni-Alpha. According to the Nevis Island Administration (NIA), the deal has been agreed between the company and […]

First of 21 Solar Projects Goes Live in Honduras

June 7, 2015

This month, Honduras went live with the first of twenty-one approved solar projects. Eight more are expected to go live by the end of July. When completed, the total PV output will reach 600MW. Read more here.

Nicaraguense de Electricidad Seeks Hydroelectric Plant Equipment

June 7, 2015

Nicaragua’s utility, Nicaraguense de Electricidad (ENEL) has released a tender for a supplier of plant equipment for the rehabilitation of two 50 MW hydroelectric projects. The project is funded by the Inter-American Development Bank (IDB), the Central American Bank for Economic Integration (CABEI) and others.

IRENA Study on Mexico’s Renewable Energy Potential

June 5, 2015

An International Renewable Energy Agency (IRENA) has study found that Mexico could increase its renewable energy mix from 4.4% to 20% by 2030.

Clinton Foundation & RMI Promote Green Energy in the Caribbean

June 3, 2015

This week the Clinton Foundation’s Climate Initiative and the Rocky Mountain institute have joined forces to promote green energy in the Caribbean. Through this partnership, green energy projects from across the region will be selected, financed and developed.