UAE - New Energy Events

Abu Dhabi Fund to start 2021 with project allocations worth $169 million, earmarks $50 million for Caribbean
January 25, 2021
Abu Dhabi Fund for Development, one of the UAE’s leading financial entities, continued to advance its sustainable development agenda within the country and abroad through clean-energy initiatives. In 2021, approximately $50 million is earmarked with an aim to deliver renewable energy projects across 16 Caribbean Island nations. Source
Trinidad and Haiti among islands receiving UAE support for climate-resilient energy projects
January 16, 2020
The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has entered the second cycle of its $50 million three-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations. It said it has successfully completed new development and funded agreements for the Dominican Republic, Haiti, Guyana, Grenada, Saint Kitts and Nevis, Trinidad and Tobago and Suriname. The […]
2.35 MW of Solar PV projects start construction under UAE-Caribbean Renewables Fund
November 7, 2018
Solar PV plant projects in the Bahamas, Barbados, and Saint Vincent and the Grenadines have start construction with funding provided by the UAE-Caribbean Renewable Energy Fund. The USD 50 million fund was set up in January, and is expected to support renewable energy projects in more than sixteen countries in the Caribbean, over the next […]
UAE-Caribbean Renewable Energy Fund to provide $34.5 million in grants
October 1, 2018
Dr. Thani bin Ahmed Al-Zeyoudi, UAE’s Minister of Climate Change and Environment confirmed the UAE will be providing $34.5 million in funding for renewable energy projects in the Caribbean located for enhanced resilience, and with technologies designed to withstand Category-5 hurricanes. This new funding is an addition to the $15 million in projects announced last […]
Costa Rica utility signs MOU with UAE’s Masdar to develop solar and storage
April 25, 2018
Following the recent entry into the region with the UAE-Caribbean Renewable Energy Fund, Abu Dhabi-based energy firm Masdar has formed a partnership with Costa Rica. Masdar and state-run utility Costa Rican Electricity Institute (ICE) have signed an MoU to share technical knowledge and project experience for renewable energy development. The agreement aims to promote collaboration […]
Dominican Republic putting solar PV on healthcare facilities
January 16, 2018
More than a thousand medical facilities in the Dominican Republic will be getting solar panels with an aim to reduce electricity bills for the health sector. The announcement was made by the Minister of Climate Change and Environment of the United Arab Emirates (UAE) at the 8th General Assembly of the International Renewable Energy Agency (IRENA) […]
Seven Caribbean countries will receive assistance from UAE fund
January 15, 2018
The second round of the UAE-Caribbean Renewable Energy Fund was launched on the sidelines of Abu Dhabi Sustainability Week, taking place this week. The second round will see the $50 million fund establishing partnerships with 7 Caribbean countries, including the Dominican Republic, Belize, Grenada, Guyana, Saint Kitts and Nevis, and Saint Lucia. Dr. Thani bin Ahmed Al […]
UAE to fund renewable projects on five islands
September 13, 2017
Following the February opening of the $50m UAE-Caribbean Renewable Energy Fund, the United Arab Emirates has selected the Funds first five projects in Antigua and Barbuda, the Bahamas, Barbados, Dominica, and St. Vincent and the Grenadines. According to the UAE, the projects symbolize what renewables and partnership can offer, particularly following Hurricane Irma. Barbuda will see immediate implementation of […]
UAE-Caribbean renewables fund opens first application cycle
February 15, 2017
The UAE-Caribbean Renewable Energy Fund, announced last month at the IRENA General Assembly, has released guidelines and officially opened applications for the first cycle of funding. The government of the United Arab Emirates (UAE) is supporting renewable energy projects in Caribbean islands through $50m in grants, with two key objectives: Increase the use and resilience […]