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.
Tag: Dominican Republic
Neo Solar secures long-term financing for Dominican Republic project
A subsidiary of Taiwanese solar cell and module maker Neo Solar Power Corp has secured long-term financing of US$38 million for its Monte Plata solar project in the Dominican Republic.
Snapshot of energy storage in Latin America and the Caribbean
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.
Dominican Republic to become the first all-LED island in the world
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.
Carbon offset project could provide inspiration for Caribbean countries
Costa Rican coffee farmers are receiving 25,000 free trees as part of an initiative to tackle climate change started by Canadian company, World Tree.
Emerald Solar Energy begins work on 25MW PV project in Dominican Republic
The renewable-energy project, which will feature an initial investment of about US$40 million, is expected to be completed within a year. Once operational, the installation will generate enough energy on a yearly basis to supply 10,000 households with electricity.
Vestas to supply turbines totalling 48MW in the Dominican Republic.
Vestas is to supply turbines totalling 48MW to Elecnor’s Larimar 2 wind farm in the Dominican Republic. The Danish manufacturer will deliver and install 14 V117-3.45MW machines for the project, which is located in the Enriquillo region of the country.…
Energy Security a Key Issue at Recent Trade & Investment Conference
The importance of reliable and consistent energy supply in Caribbean Community (CARICOM) member states was emphasized during the deliberations at the CARICOM/CUBA/FLORIDA Trade and Investment Conference held February 10-11, 2016 in Miramar, Florida. Director of the Institute of International Relations at the…
Central America & Caribbean To Spend $3.3 Billion On Smart Grid Infrastructure By 2025
Central America and the Caribbean will invest $3.3bn in smart grid infrastructure over the period 2015-2025. This investment will help lower the region’s high cost of electricity by incorporating renewable resources and reducing rampant electricity theft. At 19.8 cents per…
First Energy Security Summit Promotes Independence from Petrocaribe
The U.S. will host the first ever Caribbean Energy Security Summit in Washington, DC. It aims to promote greater energy self-sufficiency and environmentally sustainable diversification away from crude oil in the Caribbean through improved energy governance, better access to international financing, technical help,…
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),…
Our 1 Year Anniversary Recap
Renewable Energy Caribbean is one year old today and to celebrate we are showcasing the top renewable energy stories in the region from 2014. Thank you to all our subscribers. We have many features planned for this year so be…
Vestas Wins Another Supply Deal in the Dominican Republic
Vestas has won a supply deal for wind turbines at the 49.5MW Larimar wind farm in the Dominican Republic. The contract is with Spain-based Grupo Cobra to supply 15 V112 3.3MW machines in the second quarter of 2015 and commissioned by the…
