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Renewables

  • Antigua Completes Construction of Solar Farm

    November 10, 2015

    The Government of Antigua and Barbuda hopes to reduce the country’s dependence on fossil fuels through the construction of a 3 MW solar PV farm. Last February, the government approved the Renewable Energy Act as part of a wider effort by the Organization of Eastern Caribbean States (OECS) to “update the regulatory structures for energy within […]

  • Jamaica Ripe For Foreign Direct Investment

    November 10, 2015

    According to Jamaica’s Minister of Science, Technology, Energy and Mining the Hon. Phillip Paulwell, investor confidence is growing toward the potential for revenues from green energy in Jamaica. He said that the US$89 million 36.3 megawatt wind farm being developed at Potsdam, Malvern in St. Elizabeth is an indicator that Jamaica is ripe for direct foreign […]

  • Cuba sets renewable energy goals

    November 5, 2015

    Cuba has big plans to achieve renewable energy goals as restrictions on foreign investment are slowly lifted. Although the participation by U.S. firms is still hampered by the embargo, which requires a special license from the Office of Foreign Assets Control, the Cuban market represents potential for both U.S. equipment manufacturers and investors. Capital investments […]

  • US firm to develop biodiesel plant in Jamaica

    November 4, 2015

    The Jamaican government and HERO BX, one of the largest producers of biodiesel in the US, are considering a partnership to develop the first commercial-scale biodiesel plant in Jamaica and the Caribbean. According to Minister of Industry, Investment and Commerce Anthony Hylton, the project aims to “improve the business environment, facilitate economic growth and create […]

  • Grand Bahama Power to Introduce Solar to Energy Mix

    November 4, 2015

    The Grand Bahama Power Company (GBPC) hopes to help residents of the Bahamas take advantage of solar energy once generation technology is introduced to the energy mix in 2016. The Renewable Energy Rider rate (RER) will allow GBPC customers the opportunity to sell energy back to the grid, from residential solar PV, wind turbines and other […]

  • Cuba seeks $8.2 billion in foreign investment for 326 projects

    November 3, 2015

    Diversification of industry is a part of Cuba’s plans for the future, which includes a more robust private sector and opportunities for foreign investment. Foreign Trade Minister, Rodrigo Malmierca, unveiled ready-made investment opportunities, officially called “the portfolio”, at the 33rd annual Havana International Fair (FIHAV) and explained that: [the] “private sector, cooperatives, and other forms […]

  • Argentina to generate 8% of energy from renewable sources by 2017

    November 2, 2015

    A new law supporting renewable energy was passed in Argentina last week, approved by the chamber of deputies to utilize some of the country’s potential as a producer of wind, solar and hydro power. The bill mandates that 8% of electricity must come from alternative energy sources by 2017; it also calls for this percentage […]

  • First-ever roadmap for Caribbean Islands to be 48% Renewable by 2027

    October 28, 2015

    A comprehensive work program to achieve renewable energy generation has been outlined by CARICOM in the Caribbean Sustainable Energy Roadmap and Strategy (C-SERMS) Baseline Report and Assessment. The report includes concrete steps for achieving the 48 percent renewables generation target set for 2027. Priority Initiatives, Policies, Projects and Activities (PIPPAs) aim to tackle existing barriers […]

  • Mexico to spend $46 billion on wind energy in next 25 years

    October 22, 2015

    Mexico plans to quadruple its wind power capacity from 2.5GW in 2014 to 10GW in 2018, and to add a further 22GW of wind energy by 2040 in a $46bn push toward a low-carbon economy. As the world’s 10th largest contributor of global emissions, Mexico relies on fossil fuels for 75% of its electricity. This […]

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