Bermuda General Agency Ltd. has signed an agreement with Seabased AB to purchase two 20 MW wave energy parks in the Caribbean.
Category: Water Power
Caribbean eyes untapped potential of the world’s largest climate fund
The Caribbean Community Climate Change Centre is looking for ways to boost the region’s access to the Green Climate Fund.
Renewable energy needs a better financing model
A leading economist is warning that a better financing model is needed if the local renewable energy sector is to thrive in the Caribbean.
Ocean thermal energy plant power moves a step closer in Cayman
Plans for a floating power plant that will harness solar energy stored in Cayman’s coastal waters are moving forward following the completion of an environmental impact study. The owners of OTEC Cayman Ltd., told the Cayman Compass their consultants have…
Pilot ocean thermal energy project in Virgin Islands
Ocean Thermal Energy Corp (OTE) announcedthat the first draft of the master plan for a renewables-powered EcoVillage in the US Virgin Islands has been completed. Pennsylvania-based OTE designs and develops deep-water hydrothermal clean energy systems that generate renewable power through…
Transitioning to a ‘Blue Economy’
As we enter a period of uncertainty in both international and climate policy following the United States presidential election, identifying a concept that can help find the wins between the economy and the environment is even more important. In the…
The Road to Renewable Islands
Since 2012, the Ten Island Challenge has garnered much attention from clean energy stakeholders in the Caribbean. It is the brainchild of Richard Branson, the Carbon War Room and Christiana Figueres, Executive Director of the United Nations Framework Convention on Climate Change (UNFCCC),…
Hybrid systems may hold key for clean energy
A new report from Oregon State University states that renewable energy could see a significant leap forward with improved storage technologies or more efforts to "match" hybrid forms of clean energy systems that provide an overall more steady flow of electricity. Historically, a major…
Renewable Energy Needs Stronger Support from Government
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…
Jamaica Aims to Lead RE in the Caribbean
Jamaica Energy Minister Phillip Paulwell says that it can, predicting that, by the middle of next year, Jamaica will be the leading country in the region in the gross production of renewable energy. The country is already one of the…
The Caribbean a Strong Contender for Ocean Power
Island nations in the developing world are especially well placed to benefit from technology that exploits a new potential source of energy from sea water: ocean thermal energy conversion (OTEC), experts have said. The technology uses sea water from the ocean depths to generate…
Things to Come? Floating Power Plant Supplies Energy for Resort
Vancouver-based Water Wall Turbine has selected The Switch to provide a 500 kW full-power converter for its floating power plant, which extracts potential and kinetic energy from large, fast moving water currents for conversion into electricity. The Switch will supply its first 500 kW…
Renewables Benefit Island Tourism, Says New IRENA Report
A new report by the International Renewable Energy Agency (IRENA) on how how renewables can benefit island tourism. The study, Renewable Energy Opportunities for Island Tourism, examines four renewable energy technologies: solar water heating, solar air conditioning, seawater air conditioning, and solar…
Ocean Thermal Energy Conversion in the Caribbean
A number of island states in the Caribbean and Pacific have Ocean Thermal Energy Conversion (OTEC) resources within 10 kilometres of their shores, though projects remain few and far between. This is surprising since OTEC seems to be especially well-suited for remote…
Ocean Current Energy, An Untapped Resource
According to the Ocean Energy Council, "ocean [or marine] currents are one of the largest untapped renewable energy resource on the planet. Preliminary surveys show a global potential of over 450,000 MW, representing a market of more than US$550 billion". Energy…
Feasibility of Ocean Current Power
The Swedish marine energy technology company Minesto, has signed a Memorandum of Understanding (MoU) with Florida Atlantic University, home to the Southeast National Marine Renewable Energy Center (SNMREC), to examine the technical, environmental and economic feasibility to install demonstration and commercial power plants in the Florida current.…
