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Renewables

  • Costa Rica is now a member of IRENA

    July 6, 2018

    Costa Rica is officially a member of the International Agency of Renewable Energy (IRENA). This organization, with a membership of 158 countries, is a non-governmental agency based in Abu Dhabi with an objective to create an international network and build strong cooperation with nations that are developing renewable energy.   IRENA also provides guidance and […]

  • New research center in Cuba will help promote renewable energy

    July 6, 2018

      A new research centre will be built in Las Tunas, Cuba to promote research, technology development, and build capacity for the renewable energy industry of the country.   The main objective of this research center – which will be part of the Centre of Studies of Energy Efficiency and Technological Progress – is to […]

  • China and Dominican Republic explore investment opportunities

    July 5, 2018

    China and the Dominican Republic have strengthened their diplomatic relationship and identified opportunities for cooperation between the two nations. Specifically, China is interested in the infrastructure, transportation, electrical distribution and the renewable industries of the island.  An official delegation from the Dominican Republic met with the Vice President of the International Development department, Deng Boqing, […]

  • Energy diversification will give Jamaica electricity sector competitive advantage

    July 5, 2018

    Building a robust renewable energy infrastructure can translate to a competitive advantage in electricity generation for Jamaica. This means that in addition to existing large sustainable energy projects, the country should incentivize other public-private partnerships that could help diversify the island’s electric system, stated Wilfred Baghaloo, PwC partner and deals expert, at the Jamaica Investment […]

  • Nicaragua’s renewable energy market continues to grow

    July 4, 2018

    Even though the social and political situation in Nicaragua has been unstable in the last couple of months, the investments in the renewable market –  particularly in the geothermal industry – have remained stable and strong. Geothermal developer Polaris Energy recently stated that geothermal plant Jacinto-Tizate has generated US$14.7m this year, which represents a growth […]

  • Haiti explores access to Green Climate Fund

    July 3, 2018

    Haiti’s Ministry of Environment and the United Nations Development Program (UNDP) have organized a two-day information workshop to advise project developers from the private sector, academia and policy makers on how they can access the Green Climate Fund (GCF), which has the objective to fund projects which help fight global warming. Martine Thérer, Deputy Representative […]

  • Japan commits $17.8m to Guyana’s renewable energy development

    July 3, 2018

    The Government of Guyana has secured a deal with Japan for US$17.8M dedicated to renewable energy  development and system efficiency improvements. This grant will also provide US$1.3M for energy saving LED lights, which are expected to fund 10,930 units of LED streetlights. This investment will be used to improve the efficiency of the power system […]

  • Cuban business forum looks to increase investment opportunities with Caribbean

    July 2, 2018

    More than 14 countries from the LAC region attended a business forum in Cuba, with the objective to increase the islands commercial and investment relationship with the greater Caribbean. Cuba has been open to investments from the region and wants to continue carving a path forward. The President of the Chamber of Commerce in Cuba, […]

  • Dominican Republic now generating 22% of energy from renewables

    June 27, 2018

    The Dominican Republic is reaching its targets for renewable energy production, as set out under the Paris Agreement. In addition to reducing fossil fuel consumption, these targets will aid in lowering energy costs and mitigate GHG emissions. Today, the country generates 3,703 MW of total electric capacity, in which 22% is produced by renewable resources. […]

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