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Renewables

  • 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 […]

  • St. Kitts and Nevis reviewing renewable energy projects for potential implementation in 2019

    November 6, 2018

    The Minister of Utilities of St. Kitts and Nevis, Hon. Ian Liburd, announced the steps his government would be taking to provide the islands with clean energy. In his address to the nation, the Minister used the inauguration of the Caribbean Community Energy Month as an opportunity to emphasise the benefits of clean energy. “As […]

  • CDB will supply funding for energy project in Dominica

    November 5, 2018

    The Caribbean Development Bank (CDB) announced it would be supporting Dominica in its aim to reduce energy costs and incorporate renewable energy and efficiency solutions in the country’s public sector. The programme’s first step will include conducting energy audits on public buildings and facilities. The long-term goal is to provide blended resources to address energy […]

  • Solar PV/ Battery hybrid power plant in Barbuda to receive funding from New Zealand

    November 2, 2018

    A renewable energy power plant in Barbuda will receive funding from the New Zealand government with the wider aim of supporting the re-development of the island. New Zealand Ambassador Anton Ojala announced that Auckland would provide half a million USD for the UAE Power Station and Solar PV/ Battery Hybrid Plant in Cardington after meeting […]

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