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Renewables

  • SIDS launch second phase of initiative to accelerate energy transformation

    October 10, 2018

    The leaders of several Small Island Developing States (SIDS) gathered with development partners for a High-Level Roundtable at the UN Headquarters to discuss new options and initiatives to accelerate energy transformation and strengthen cooperation on renewable energy. The Roundtable reviewed its Lighthouse Initiative, which “met its 2020 targets for installed capacity in renewable energy and […]

  • Caribbean should be “test-case” for climate-related technologies

    October 9, 2018

    Grenada’s Foreign Affair Minister, Mr. Peter David, called on Caribbean nations and Small Island Development States (SIDS) to lead the way in nationwide implementation of renewable and climate-related technologies. The Minister emphasised the role the region can play as a global centre and model for renewable energy and energy efficiency during a speech addressing the […]

  • Island Resilience

    New information portal for investment in Caribbean energy sector

    October 5, 2018

    The announcement was made after a special forum between representatives of CARICOM met in Miami to identify needs and functions for the Caribbean Energy Knowledge Hub (CEKH), and facilitate the implementation of the CARICOM’s Sustainable Energy Roadmap and Strategy (C-SERMS). The need for sharing of technical knowledge to support CARICOM’s new climate-aware and resilient development […]

  • Turks and Caicos Islands in first stages of drafting new energy strategy plan

    October 4, 2018

    The Turks and Caicos Islands (TCI) government, Rocky Mountain Institute (RMI) and FortisTCI, the islands’ power company, have signed an agreement to start planning a Resilient National Energy Transition Strategy (R-NETS). The focus of this new energy strategy will be to modernise the electricity sector in TCI, implementing new technologies to strengthen the islands’ resilience, […]

  • BMR Energy to acquire solar park in US Virgin Islands

    August 16, 2018

     BMR Energy, a clean energy firm, is set to acquire a 4 MW solar park, St. Croix, in the US Virgin Islands. St Croix solar plant, sustained significant damage last year due to Hurricane Maria. The company, which has already started repairing the damage and replacing inverters, plans to restore the PV plant to its […]

  • Dominican Republic to commission 240 MW of wind and solar in coming months

    August 16, 2018

    The Dominican Republic Electrical Industry Association (ADIE) has announced this week that 240.3 MW will be connected to its national grid in the coming months. This boom of new renewable projects will see five large scale renewable projects commissioned, which include 183 MW of wind and 58 MW of solar capacity. The total investment of […]

  • Green fund launch to promote investments for a resilient Caribbean

    August 14, 2018

    The CEO of Virgin, Richard Branson, and two dozen Caribbean nations have launched a multi-million-dollar initiative to help turn the hurricane-vulnerable region into a green tech hub resistant to disasters. The initiative – which is backed with an initial US$ 4m investment – will push to replace fossil fuel-dependent utilities with low-carbon renewable energy sources, […]

  • LUCELEC welcomes hotel-generated renewables, decision lies with regulator

    August 7, 2018

    St. Lucia Electricity Services Limited (LUCELEC) and the St. Lucia Hotel and Tourism Association (SLHTA) are in agreement that hotels on the island could generate up to 20% of their electricity needs from their own renewable energy systems. Removing the current 25kW generating cap for systems could help the island in its transition to renewable […]

  • IDB $20m credit line for El Salvador will ease financing for sustainable energy

    August 7, 2018

    The Inter-American Development Bank (IDB) is set to loan US$ 20m to El Salvador to enable investment in renewables and energy efficiency for small and medium enterprises (SMEs). The loan program will be complemented by a non-reimbursable technical cooperation of US $ 1.7 million aimed at developing energy savings measurements and financial risk transfer instruments […]

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