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Solar

  • CAC, Tropical Battery form new energy venture

    June 6, 2021

    CAC 2000 and Tropical Battery have forged an energy partnership under a joint venture called ENRVATE Limited that will trade in energy-saving solutions in Jamaica and the Caribbean. The company, which was incorporated at the end of April and became operational on June 1, is being led by Steven Marston, who recently gave up his […]

  • MPC Caribbean Clean Energy buys 33.4MW solar park in Dominican Republic

    June 6, 2021

    The purchase, which was made on Tuesday, June 1, is expected to be completed by the third quarter of 2021. This is the second solar plant that MPC Caribbean Clean Energy has purchased since the start of the year. Earlier this year, the renewable energy company, which is cross-listed on the Jamaican and Trinidad and […]

  • Private company takes over Puerto Rico power utility service

    June 2, 2021

    Luma Energy, a private company, has taken over Puerto Rico’s power authority. The takeover under a 15-year contract coincided with the beginning of the Atlantic hurricane season, with many across Puerto Rico worried about the transition and whether the new company can handle a severe storm. The U.S. territory is still struggling to recover from […]

  • CIFI and Banverde close $57M credit for a rooftop solar facility in Mexico; increases capital raise to $76M

    May 26, 2021

    The investment round was led by Corporacion Financiera para el Financiamiento de Infraestructura (CIFI), with capital contributions from co-sponsors WRB Serra Partners and Banverde Activos, leading to a total deployment capacity of US$76 million in the next 3 years. As a result of the financing, Banverde estimates the installation of 80 MW in rooftop solar […]

  • BMR Energy starts construction of Costa Rica solar facility

    May 21, 2021

    BMR Energy, a developer, owner, and operator of clean energy projects in the Caribbean and Latin America, announced today it has started construction on its newest solar photovoltaic project, the Valle Escondido solar facility located in the municipality of Bagaces, province of Guanacaste, Costa Rica. The Virgin Group company will own and operate the long-planned […]

  • Solar FlexRack’s mounting technology installed in Bahamas resort island’s solar hybrid microgrid

    May 17, 2021

    Solar FlexRack, a division of Northern States Metals and an innovative leader in photovoltaic (PV) mounting and solar tracker solutions, announced that its Fixed Tilt FlexRack Series G3-X racking solution is fully operational for Azimuth Energy’s 1.1 MW solar project on Highbourne Cay in the Bahamas. This robust microgrid, which includes the largest PV array operating in […]

  • UNEP and European Commission tackle climate change in LAC region

    April 13, 2021

    The European Commission’s Directorate-General for International Partnerships and the UN Environment Programme (UNEP) today announced common priorities for environmental cooperation in Latin America and the Caribbean (LAC) for the next five years, aimed at tackling the triple planetary crises of climate change, biodiversity loss, and pollution in the context of the region’s COVID-19 pandemic recovery. […]

  • Cox Energy America to buy 40% in Spanish PV firm Ibox Energy

    April 9, 2021

    Mexico City-based Cox Energy America SAB de CV on Wednesday announced its arrival in Europe via an agreement to acquire a 40% in Spanish solar PV specialist Ibox Energy for an estimated $95 million euros. The aspiring buyer is the Mexico-listed subsidiary of Spanish renewables firm Cox Energy Solar SA and invests in projects in […]

  • BMR Energy rebuilds hurricane-damaged St. Thomas solar farm

    April 9, 2021

    BMR Energy, a Virgin Group company and developer, owner, and operator of clean energy projects in the Caribbean and Latin America, announced today that it is starting construction of the 6.4-megawatt (MWp) Donoe Solar farm in St. Thomas. The facility is expected to be completed and enter service in the fourth quarter of this year […]

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