Market Analysis & Reporting on Clean Energy in the Caribbean
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.
A leading economist is warning that a better financing model is needed if the local renewable energy sector is to thrive in the Caribbean.
The government of St. Vincent and the Grenadines will now own a 49 per cent stake in the geothermal plant being developed in the country.
In order to understand Puerto Rico’s process of rewiring, one must also understand its complex history of privatized utilities.
The Cayman Islands have approved a new National Energy Policy which aims to see 70 percent of all Cayman’s energy generated by renewable sources in 20 years, and moving toward 100 percent sooner if possible. The National Energy Policy details…
Caribbean countries join a growing list of Small Island Developing States (SIDS) which have set ambitious targets to switch to renewables. In October 2016, Barbados set a new target of generating 65 percent of its power from renewable sources by…
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…
With an estimated 66 cents in every dollar currently going towards this island’s fuel import bill, the Barbados Renewable Energy Association (BREA) says there is one sure way for Government to grow the economy. However, BREA President Aidan Rogers is…
Producers of electricity from renewable energy sources can now sell more power to the Barbados Light & Power Company (BL&P) under the Renewable Energy Rider (RER) programme at a fixed rate. Additionally, in announcing its decision today, the Fair Trading…
Residents of the Virgin Islands will soon be able to use and sell renewable energy following the passing of the British Virgin Islands Electricity Ordinance Amendment Act 2015. The Amended Act was passed at the Fourth Sitting of the Fourth…
Jamaica's Energy Minister Phillip Paulwell says Government's policy shift on alternative energy, including the provision of incentives, is resulting in greater use of and investments in renewable options. Under the policy, Government is facilitating access to low interest rate loans for…
The Bahamas is planning a major new green push with the launch a wide solar energy project, according to Environment Minister Kenred Dorsett, who was addressing the 5th session of the assemblies of the International Renewal Energy Agency in Abu Dhabi,…
Latin America and the Caribbean is a hotspot in low-carbon power generation. Declining costs, maturing technologies, and the sheer untapped potential for renewables offers an promising opportunity for continued development in the coming years. In particular, continuing investment in renewables will provide the…
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),…
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…
