Scientists and policymakers participated in a forum at The University of the West Indies (UWI), entitled “100 per cent Clean, the Why and How of Jamaica's Transition from Imported Fossil Fuels to Natural Resources.”
Category: Wind Power
New CARICOM-led credit risk initiative announced
The CARICOM Secretariat said that the Credit Risk Abatement Facility (CRAF) seeks to facilitate ease of access to credit for SMEs within the Caribbean's energy sector.
The Caribbean Climate-Smart Accelerator
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.
Out with the old and in with the new for Trinidad & Tobago
Government plans to revitalize its utility sector with greater inclusion of renewable energy including solar and wind power.
Largest renewable energy deal signed in Antigua and Barbuda’s history
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.
DomRep solar, wind opportunities take shape
Two renewable energy project developers in the Dominican Republic advanced financing plans this week, securing debt for solar and wind-powered projects on the Caribbean island.
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.
New technologies supporting RE deployment in the Caribbean
Climate change is a profoundly unpredictable process which makes it difficult for weather models to correctly identify which renewable energy infrastructure should be built where. Some technologies are hoping to change that.
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.
Blockchain-managed renewable energy partnership in Jamaica
ImpactPPA announces today their newest renewable energy power generation project for one of Jamaica’s largest law firms, Myers, Fletcher & Gordon. The project will be managed on ImpactPPA’s blockchain financing platform, bringing together an innovative form of energy generation and energy financing.
Mayberry selected as broker for Wigton listing in Jamaica
The Jamaican Government's plan to divest its holdings in public companies via the stock market and is now making headway with the selection of a broker to arrange the listing of renewable energy company Wigton Windfarm Ltd.
CDB to provide $16 million to aid restoration of electricity in Dominica
The Caribbean Development Bank has announced that it will provide USD$16 million in funding to DOMLEC to assist with the restoration of electricity generation services.
What It Will Take to Rebuild the Caribbean With Clean Energy
The devastating impacts of Hurricane Irma and Maria on energy systems in Puerto Rico and elsewhere in the Caribbean highlight an energy security problem that has been lurking for decades. Massive damage to centralized grids will mean that many of…
First offshore windfarm awarded in the Caribbean
The US Trade and Development Agency (USTDA) has awarded a grant to the Petroleum Corporation of Jamaica (PCJ) supporting the development of an offshore windfarm in Jamaica. The feasibility study for the project will evaluate the viability of installing an…
Caribbean Investment Forum puts resilience into sharp focus
Urgent investment into infrastructure more resilient to climate change is needed to allow Caribbean island nations to achieve their clean energy, sustainable development plans, a high-level meeting of representatives from Caribbean governments, development partners and regional organizations in Saint Lucia…
Recent Initiatives on Saint Lucia
Like most island nations in the Caribbean, electricity generation relies on imported diesel fuel, leaving it vulnerable to a costly and volatile energy source. At the same time, the island boasts strong renewable resource potential, including solar, wind, and geothermal.…
