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.

Energy storage as a tool for resiliency

A high dependency on imported fossil fuels can increase a country’s vulnerability to poor electricity access, following extreme weather events. With around 87% of energy consumed in the Caribbean region coming from imported fossil fuels, this dependency increases the risk…

VINLEC to build first solar-battery storage microgrid in the Grenadines

CEO of St. Vincent Electricity Services Limited (VINLEC) and a Curacao solar energy firm, EcoEnergy, N.V. have signed a contract to start the engineering, procurement, and construction for the utility’s first solar battery storage microgrid., located on the island of…

Belize receives grant from landmark UAE-Caribbean renewable energy fund

Belize will receive a grant from he UAE-Caribbean renewable energy fund for the emPOWER Rural Electrification project (emPOWER Project). The emPOWER Project aims to provide renewable energy solutions to assist Belize in achieving universal energy access. This project plans to install 344…

Barbados to grant licences to IPPs

The Barbados government says independent power producers interested in supplying electricity to the national grid will be able to apply for licences by early next year. Energy Minister Darcy Boyce said that recommendations on licensing systems for these producers should…

New funds from CDB to advance grid modernization & energy storage

The Caribbean Development Bank (CDB) has approved a US$350,000 grant to assist utilities and relevant stakeholders across the region to develop, plan and design energy storage and grid modernisation solutions, which could accelerate the Caribbean’s shift to clean energy. The…

CREF Project Award Winners

The Caribbean Renewable Energy Forum (CREF), the largest annual gathering of the Caribbean renewable energy market, today announced seven projects as recipients of its first annual CREF Project Awards. The awards represent a wide spectrum of size and technologies and are given…

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.…