Market Analysis & Reporting on Clean Energy in the Caribbean
The deal will expand energy-saving street lamps; as well as, improve the efficiency of the power system in the City of Georgetown and the surrounding areas by enhancing substation and distribution equipment as well as establishing a PV system and an energy management system at the CARICOM Secretariat.
Across the Caribbean, three innovative finance approaches may play a role in rebuilding infrastructure to be more efficient and resilient by embracing clean energy technologies.
Work has advanced toward the full operationalisation of the Caribbean Centre for Renewable Energy and Energy Efficiency by the middle of this year. This was one of the key outcomes of the special meeting of the Council for Trade and Economic Development (COTED) on Energy.
The Dominican Republic has called for a ban on imports of fluorescent lamp and urges state institutions in the Caribbean nation to switch to more efficient LEDs.
An innovation lab recently opened, focused on the developing clean technology companies within Jamaica and the Caribbean.
GB Energie LED, a minority, woman-owned business committed to sourcing sustainable energy solutions, announced it has signed a partnership agreement with IMPACT Construction, LLC, a minority-owned construction company located in the Virgin Islands that provides start-to-finish solutions for building and…
At the head of Guyana’s Essequibo River, 50 miles inland from the Atlantic Ocean, you will find the town of Bartica. Considered the gateway to Guyana’s interior, the town has a population of about 15,000 and is the launching point…
The Caribbean faces several challenges to its energy sector, which harm the region’s people and potential for economic growth. The Caribbean power generation sector receives 87 percent of its energy production from imported fossil fuels, despite the availability of solar,…
The Board of Directors of the Caribbean Development Bank (CDB) has approved funding of US$25 million to replace existing streetlights in Jamaica with high efficiency light-emitting diode (LED) lamps. The funds are being provided to the Jamaica Public Service Company…
The Board of Directors of the Caribbean Development Bank (CDB) approved a blended financing package of US$4.2 million loan and the equivalent of US$1 million in grant resources to further support the transformation of the energy sector in St. Vincent…
Caribbean countries join a growing list of Small Island Developing States (SIDS) which have set ambitious targets to switch to renewables. In October 2016, Barbados set a new target of generating 65 percent of its power from renewable sources by…
Chase Ramson’s decision to go green has been blessing the food and household product distribution company with another kind of green — just over half a million dollars in savings per month. Two years ago, the company installed a 60 kW…
Latin America and the Caribbean is a hotspot in low-carbon power generation. Declining costs, maturing technologies, and the sheer untapped potential for renewables offers an promising opportunity for continued development in the coming years. In particular, continuing investment in renewables will provide the…
Caribbean states have promised to reduce their dependence on fossil fuels and transition to a more renewable energy economy. Saint Lucia and Aruba has even gone so far as to vowed to transition to 100% renewable energy generation as part of the Ten…
