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…
CEO of St. Vincent Electricity Services Limited (VINLEC) and a Curacao solar energy firm, EcoEnergy, N.V. have signed a contract to start the engineering, procurement, and construction for the utility’s first solar battery storage microgrid., located on the island of…
Scientists in one of Canada’s snowiest cities will help a sunny Caribbean island switch to a green energy grid, leaving fossil fuels in its wake. University of New Brunswick researchers have received $4.3 million from Ottawa and Emera Inc.—the parent…
The system is aimed to be piloted on board a Royal Caribbean International vessel and will be the first fuel cell system to provide an energy source for a luxury cruise ship. Last year was the first time that mobile…