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Renewables

  • Bloomberg reports clean energy investment exceeded USD300bn

    January 24, 2019

    Bloomberg New Energy Finance (NEF) have reported that USD 332.1 billion were invested in global clean energy in 2018. This figure is down 8% from 2017, but is nonetheless the “fifth year in a row in which investment exceeded the USD 300 billion mark”, reported the research company. For the solar industry, global PV installations […]

  • Guatemala’s new rural electrification plan advocates use of renewable energy

    January 22, 2019

    Guatemala’s Ministry of Energy and Mines has published its new new ‘Policy for Rural Electrification 2019-2032’, which sees the country increase its use of clean and renewable energy sources to provide electricity to inhabitants currently unable to access it. Whilst 92.2% of the the Guatemalan population has access to electricity, 1.5 million inhabitants in the […]

  • Greener IRP for Cayman Islands accepted by utilities regulator

    January 21, 2019

    Caribbean Utilities Company’s plan to wean off fossil fuels and support renewable energy integration to the Cayman Islands’ electricity grid was approved by OfReg, the islands’ utilities regulator. The Integrated Resource Plan (IRP), which aims to introduce natural gas and increasing the storage and baseload of renewable energy generation projects, was prepared by energy industry […]

  • Dominican Republic to facilitate wind and solar energy investments

    January 17, 2019

    The Dominican Republic has reopened requests for provisional concessions for wind and solar energy projects, “with the hope of revitalising investment in this sector”, said the National Energy Commission (NEC).  Ángel Canó, NEC’s Executive Director, has stated that 2019 is a promising year for renewable energies in the Dominican Republic, “considering the interest over the […]

  • 60 GWh wind power plant inaugurated in Costa Rica

    January 17, 2019

    The Cacao Wind Energy Farm in the Guanacaste province of Costa Rica, will benefit 20 000 homes and 127 000 people, it was announced at the facility’s opening ceremony. This wind farm is one of nine currently in development in the northwestern region of the country, and the second built by Coopeguanacaste in that province. […]

  • UAE-Caribbean Renewable Energy Fund announces recipients

    January 16, 2019

    Recipients of the third cycle of the EAU-Caribbean Renewable Fund were announced during IRENA’s General Assembly, last Sunday. Funds were assigned to Jamaica, Cuba, Surinam and Trinidad and Tobago. In total, projects will provide 2.35 MW of solar energy and 600 kW of battery storage plants. The savings of these projects are estimated at USD […]

  • IRENA publishes ‘Renewable Energy: A gender perspective’ report

    January 15, 2019

    A report recently published by IRENA emphasised the role of women in renewable energy, and calculated that 32% of the workforce are women. This key report researched the women’s roles, as workers and decision-makers, in the global renewable energy market. Considering the previous knowledge gap on this matter, this report puts forward interesting findings. Through […]

  • Island Resilience

    Barbados fund commits to financing energy sector

    January 7, 2019

    Barbados’ Enterprise Growth Fund Limited (EGFL) has funded $15.9 million worth of energy projects through its Energy Smart Fund. Mr. Timothy Simmons, the fund’s CEO has reported substantial progress of the renewable energy sector in Barbados, in part supported by the Energy Smart fund. The EGFL funds renewable energy projects for a company, and reduces […]

  • More than 60% of the energy in El Salvador comes from clean and renewable source

    December 11, 2018

    Renewable energies are now the principal source of electricity generation in El Salvador. More than 60% of the energy produced in the country comes from clean and renewable sources, largely thanks to the “diversification of the national’s energy matrix” and the development and “introduction of solar, wind, biomass, biogas and hydroelectric energy sources”, announced the […]

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