Renewables

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 […]

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 […]

St. Kitts and Nevis reviewing renewable energy projects for potential implementation in 2019

November 6, 2018

The Minister of Utilities of St. Kitts and Nevis, Hon. Ian Liburd, announced the steps his government would be taking to provide the islands with clean energy. In his address to the nation, the Minister used the inauguration of the Caribbean Community Energy Month as an opportunity to emphasise the benefits of clean energy. “As […]

CDB will supply funding for energy project in Dominica

November 5, 2018

The Caribbean Development Bank (CDB) announced it would be supporting Dominica in its aim to reduce energy costs and incorporate renewable energy and efficiency solutions in the country’s public sector. The programme’s first step will include conducting energy audits on public buildings and facilities. The long-term goal is to provide blended resources to address energy […]

Solar PV/ Battery hybrid power plant in Barbuda to receive funding from New Zealand

November 2, 2018

A renewable energy power plant in Barbuda will receive funding from the New Zealand government with the wider aim of supporting the re-development of the island. New Zealand Ambassador Anton Ojala announced that Auckland would provide half a million USD for the UAE Power Station and Solar PV/ Battery Hybrid Plant in Cardington after meeting […]

Germany will open office in Cuba for the promotion of investment and economic exchange

November 1, 2018

The office for the promotion of trade and investment will be inaugurated by German officials in Cuba next week. This office will serve as an information hub for German and Cuban businesses to remain updated about investment opportunities and offers on the Caribbean island. The larger aim of the project is to promote economic exchange […]

Report asserts economic benefits of renewable energy for Bermuda

October 31, 2018

The new report commissioned by the Bermuda Chamber of Commerce (BCC), ‘Innovation Island’, outlines the opportunities and innovations that lay ahead for Bermuda. The report emphasises the budding role of investments in the renewable energy sector. The report recommends Bermuda present itself as a beta site of the perfect size. A “global innovation island”, said […]

Costa Rican green urban development project starts construction on renewable energy systems

October 22, 2018

Cuestamoras Urbanismo’s latest project ‘OXÍGENO Human Playground’, a 125,000 m2 recreational and commercial area with more than 15,000 m2 of green areas for public enjoyment, will include renewable energy installations for self-consumption. Enertiva, a key player in the solar energy sector in the Central American region, has started construction on a 1.1 MW solar energy […]