UAE is proceeding with grants totalling US$34.5 million to fund renewable energy projects in the Caribbean building on $15mn of projects announced last year.
Lessons from the devastating 2017 hurricane season and how Caribbean nations are strengthening their climate change resilience.
PV Energy Limited and APUA to finalize their joint project to bring a solar plant and grid-stabilising energy storage facility to Antigua.
More than 40 businesses and 26 Caribbean countries have joined together in support of a $1bn project to create the world's first 'climate smart zone' and help fast track low carbon development across the region.
CEOs and energy leaders from Caribbean utilities recently met for the CARILEC Chief Executive Officers and Leadership Conference.
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.
This loan is intended to invest in the energy sector, particularly in the construction of micro-grids and prioritizing renewable technologies.
GreenTech Solar has won a contract to provide 10MW of renewable power to Antigua and Barbuda by retroactively fitting government buildings, hospitals, schools and car parks.
Power Ledger is working with factories and regulators to help companies finance microgrid resources such as solar and battery storage using its blockchain technology.
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.
Energy storage will play key a role in the energy transformation. The extent of the growth of battery storage will depend on both the extent of the decrease in battery storage costs and the development of regulatory regimes that reward the services that storage is capable of providing.
In the last few years, the appetite for investing in rural electrification microgrids from commercial investors.
An innovation lab recently opened, focused on the developing clean technology companies within Jamaica and the Caribbean.
In order to understand Puerto Rico’s process of rewiring, one must also understand its complex history of privatized utilities.
ABB will deliver a microgrid with integrated wind and solar resources, adding to more than 40 other similar projects the company has worked on worldwide already. ABB said it will be a “24.5MW microgrid facility and energy storage system”. It will run on the company’s ABB Ability platform, which it delivers across a range of industries to digitally connect, control and monitor systems and individual components.
A high dependency on imported fossil fuels can increase a country’s vulnerability to poor electricity access, following extreme weather events. With around 87% of energy consumed in the Caribbean region coming from imported fossil fuels, this dependency increases the risk…