energy
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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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Energy, Security and Competitiveness commitments: CARICOM-US Summit outcomes
(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) The Caribbean Community (CARICOM) moves forward from the recent CARICOM-US summit with seed funding for a sustainable energy programme, a commitment to help fast-track ICT development, and continued support for established US-CARICOM security partnerships, among other key initiatives. The US President announced the provision of US20 million in initial funding for a sustainable…
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Jamaica and US Sign Energy Cooperation Agreement
KINGSTON, April 10, 2015 – The Governments of Jamaica and the United States yesterday signed a Statement of Intent outlining the planned areas of cooperation on the development and deployment of energy-related technologies between both countries. The document was signed by Minister of Science, Technology, Energy and Mining, Hon. Phillip Paulwell, and Secretary of the United States (US) Department of…
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Statement By The Hon. Roosevelt Skerrit Prime Minister Of Dominica
CARICOM Energy Situation A stark reality for CARICOM countries is that we are dependent on imported oil and petroleum products for more than 90% of our energy services. Though global oil prices are currently at a four‑year low, our importation of oil and oil products have been a major burden on our foreign exchange earnings and have tilted our balance…
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‘We have to act now’ – President Obama on energy, climate change
(CARICOM Secretariat, Turkeyen, Greater Georgetown, Guyana) President of the United States of America Barack Obama said a key focus of the CARICOM-US Summit would be to discuss issues related to energy. He said the CARICOM Region had some of the highest energy costs in the world and noted that Caribbean countries were particularly vulnerable to the effects of climate change.…
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Energy and security top agenda for talks between regional leaders, Obama
ENERGY and security will dominate the discussions between Caribbean Community (CARICOM) leaders and United States President Barack Obama during their summit here tomorrow, the senior director for Western Hemisphere Affairs, Ricardo Zuniga, said yesterday. Speaking at a White House media briefing, Zuniga described plans for the meeting as a practical agenda to continue work already started. “With the Caricom leaders,…
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