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Renewables

  • MPC Caribbean Clean Energy launches IPO

    December 4, 2018

    MPC Caribbean Clean Energy Ltd, a company investing in renewable energy projects in the Caribbean, is seeking to raise USD 50 million through an Initial Public Offering (IPO). The Barbados-based company is selling Class B participating and voting shares, with stocks cross-listed in the Jamaica Stock Exchange, and the Trinidad and Tobago Stock Exchange. The […]

  • Report Details Decade of Strides in Renewables

    November 29, 2018

    Renewable Energy Caribbean has published a major new report exploring 10 years of progress in the Caribbean renewable energy market. New Energy Events was pleased to contribute to this review, which highlights significant progress in wind and solar and identifies a series of landmark projects across the region. View and download the report here.

  • Spain to invest in Cuba’s renewable energy sector

    November 29, 2018

    Spain’s Prime Minister Pedro Sanchez announced his plans to keep investing in Cuba, including their renewable energy sector. The Prime Minister spoke at a forum held in Cuba for over 200 Spanish and Cuban companies. Government spokeswoman Isabel Celaa said Cuban and Spanish officials spoke at length about climate change and renewable energy. Spain is […]

  • 50 percent renewables in Jamaica

    A greater shift to renewables is necessary for a climate-safe world, finds report

    November 28, 2018

    Renewables are the key to achieving a global temperature rise below 2oC, the widely-accepted limit to avoid irreversible climate-related damage, as per a report published by the International Renewable Energy Agency (IRENA). The report also emphasised the positive benefits of a shift to renewable power. The deployment of renewable energy technologies creates jobs and stimulates […]

  • 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 […]

  • 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 […]

  • 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 […]

  • New financing source for climate-related projects in the Caribbean secured

    November 19, 2018

    The Green Climate Fund (GCF) and the Caribbean Development Bank (CDB) have signed a legal agreement to facilitate climate finance projects in the Caribbean. The Accreditation Master Agreement (AMA) was signed on the sidelines of the GCF’s Caribbean Structured Dialogue which took place in Grenada earlier this month. The meeting brought together stakeholders to plan […]

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