Utility companies need to embrace a new business model built on Digitization, Decarbonization and Decentralization
There are plenty of reasons why EVs and solar-powered chargers make sense in the region. So what is holding them back?
Lessons from the devastating 2017 hurricane season and how Caribbean nations are strengthening their climate change resilience.
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.”
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.
Burdened by a costly dependence on imported fuel for energy, many Caribbean islands are considering boosting the number of electric vehicles on their roads.
If there is a silver lining to the trauma of a blanket power outage amid a humanitarian crisis, it is the growing urgency of bolstering the electricity grid with renewable energy.
Government plans to revitalize its utility sector with greater inclusion of renewable energy including solar and wind power.
The Inter-American Development Bank reports that climate financing increases more than 20 percent from the previous year by the world’s six largest multilateral development banks.
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.
Puerto Rico is pursuing large-scale solar as a part of its reconstruction of its energy infrastructure.
This loan is intended to invest in the energy sector, particularly in the construction of micro-grids and prioritizing renewable technologies.
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.
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 order to understand Puerto Rico’s process of rewiring, one must also understand its complex history of privatized utilities.