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Saint Lucia Gov’t to Implement Renewable Energy Project in 2019

(SNO) — The government will be implementing a renewable energy project this year which it says will save taxpayers a significant amount of money. The project will be done under the 2nd Cycle of the United Arab Emirates (UAE)-Caribbean Renewable Energy Fund. A statement from Shannon Lebourne, communications officer at the Ministry of...

BMR Energy Acquires 5-MW Solar Plant in Cayman Islands

A view of George Town, capital of the Cayman Islands BMR Energy, a developer, owner and operator of clean energy projects in the Caribbean and Latin America, has acquired a 5 MW alternating current solar plant in the Cayman Islands from Entropy Cayman Solar I. A member of the Richard Branson’s...

Press Release

Energy Situation in Dominica January 09, 2019 Dominica receives EC$6.2M Grant for further Geothermal Development from Caribbean Investment Facility Dominica has secured a grant of EC$6.2 million (2 million Euros) from the European Union’s Caribbean Investment Facility (EU-CIF) to support further geothermal development in the Roseau valley, with the assistance of the Agence Francaise de Developpement (AFD). The funding...

Wigton Debt Successfully Refinanced

Nigel Clarke (second right), minister of finance and the public service, discusses Wigton Windfarm refinancing with (from left) Milverton Reynolds, managing director, Development Bank of Jamaica; Jermaine Deans, deputy general manager, JN Fund Managers; and Duane Smith, chairman of Wigton Windfarm. The Wigton divestment team was paying a courtesy call...

IDB lends further support to CDB’s Investment in Regional Energy Security

Bridgetown, Barbados (CMC) — The Barbados-based Caribbean Development Bank (CDB) Monday said it is partnering with the Inter-American Development Bank (IDB), in providing more than US$85 million to increase the region’s energy security through geothermal energy development. The CDB said it has approved acceptance of further financing under the Sustainable Energy...