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Renewables

  • 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 […]

  • Officials embark on study tour of Belize’s energy sites

    November 16, 2018

    The Belize Minister responsible for Public Service, Energy and Public Utilities will be hosting a group of CARICOM officials for a study tour of energy sites in Belize. The tour included visits to the Vaca Dam, currently in its third phase of the Macal Hydroelectric Project, the Santander Biomass Power Plant, the La Gracia Smart […]

  • 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 […]

  • 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 […]

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