energy
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CDB approves financing for solar photovoltaic plant in Anguilla
BRIDGETOWN, Barbados, Thursday July 23, 2015 – The Caribbean Development Bank (CDB) has approved a US$2.34 million loan to finance the installation and commissioning of a 1 Megawatt Solar Pholtovoltaic Plant which will enable the Anguilla Electricity Company Limited (ANGLEC) to introduce renewable energy into the mix for electricity production. ADVERTISEMENT The project in Corito, in the south of the…
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St. Kitts steps up efforts to harness geothermal energy
BASSETERRE, St. Kitts, Friday July 17, 2015 – The St. Kitts and Nevis government says it has ramped up its pursuit of geothermal energy as it seeks to expand renewable energy alternatives. Minister of Energy Ian Liburd says there are plans to conduct feasibility study in St. Kitts, to establish the potential of geothermal energy. In Nevis, the development of geothermal…
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PM Breaks Ground for First Solar Energy Power Plant in Jamaica
Prime Minister Portia Simpson Miller on Thursday (July 9) broke ground for the development of the first utility-scale solar energy power plant in Jamaica, which upon completion will be the largest and most sophisticated solar electricity facility in the Caribbean. Spanning some 160 acres of land in Content Village, York Town, Clarendon, the Content Solar Project being implemented by WRB…
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Dominica moving full steam ahead on geothermal project
ROSEAU, Dominica, Jul 9, CMC – The Dominica government says it is holding talks with a group of French companies on the second phase of the geothermal energy project. Energy Minister Ian Douglas said that the discussions with the French Investment Consortium (FIC) are proceedings well and “they are to form a joint venture company with the government of Dominica…
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US initiative financing the largest solar energy facility in the Caribbean
KINGSTON, Jamaica, Monday June 29, 2015 – The United States is financing the construction of the first utility scale photovoltaic power plant in Jamaica. Overseas Private Investment Corporation (OPIC) – the US Government’s development finance institution – recently signed a US$47 million financing agreement with WRB Enterprises for development of the 20 megawatt solar plant in York Town, in the…
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Caribbean billed as next hotbed for renewable development
FORT-DE-FRANCE, Martinique, CMC – A senior official of the International Renewable Energy Agency (IRENA) said Wednesday that the agency is convinced of the potential that renewables present for sustainable development for Small Island Developing States (SIDS) including those in the Caribbean. Director of the IRENA Knowledge, Policy and Finance Centre, Henning Wuester said renewable energy is abundant, scalable and replicable and…
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Caribbean To Get US$200-Million Energy Facility
Noting that the Caribbean region is faced with high-energy costs and that the use of renewables could help reduce prices, a senior member of Spain's government has indicated that a green-energy facility is being created to help in the diversification of fuel sources. “We have prepared, with the IDB [Inter-American Development Bank], a facility to finance projects of renewable energies…
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Experts meeting to discuss options for renewable energy
FORT-DE-FRANCE, Martinique, CMC – A three-day meeting bringing together some of the world’s leading renewable energy experts considering options for renewable energy development in the Caribbean and on the numerous islands scattered around the globe is taking place here. Organisers say the Martinique Conference on Island Energy Transitions, being held under the theme, ‘Pathways for Accelerated Uptake of Renewables’, will…
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CDB Signs Renewable Energy Agreement With EU-CIF
Efforts by the Caribbean Development Bank (CDB) to promote the use of renewable energy and energy efficiency among its Borrowing Member Countries have been advanced by the signing of a Contribution Agreement with the European Union-Caribbean Investment Facility (EU-CIF), in Brussels, Belgium to support the new Sustainable Energy for the Eastern Caribbean (SEEC) Programme. The signing took place in Brussels…
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Ramnarine: T&T to produce cleaner diesel fuel
ENERGY Minister Kevin Ramnarine said Trinidad and Tobago may soon be producing a cleaner alternative to diesel fuel when the recently-signed Mitsubish project comes on line. Ramnarine was the feature speaker on Saturday night at the Liquefied Petroleum Gas Dealers Association's annual dinner, which was held at Radisson Hotel, Port of Spain. Ramnarine explained that the diesel alternative, or dimethyl…
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