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European Investment Bank backs Caribbean geothermal energy scheme
- By S Coward
- Published 02-Feb-12
- Environment/Energy
- Unrated
Feb. 2, 2012 -- The European Investment Bank has agreed to fund preparations for possible use of geothermal renewable energy to replace fossil fuels in the Caribbean.
IDB approves $30 million investment in green fund for Latin America and the Caribbean
- By S Coward
- Published 13-Jan-12
- Environment/Energy
- Unrated
Jan. 13, 2012 - The Inter-American Development Bank (IDB) has approved a $30 million loan for the Emerging Energy Latin America Fund II, designed to boost the private sector as a driving force in clean technologies and renewable energy in the region.
Trinidad and Tobago to transition to sustainable energy sources with IDB financing
- By S Coward
- Published 23-Nov-11
- Inter-American Development Bank , Environment/Energy
- Unrated
Nov. 23, 2011 - The Inter-American Development Bank (IDB) has approved a US$60 million loan to help Trinidad and Tobago, a major producer of hydrocarbons, to transition towards a more efficient, sustainable and clean energy matrix.
OAS Urges More Focus on Renewable Energy in the Caribbean
- By S Coward
- Published 21-Oct-11
- Environment/Energy , Organization of American States
- Unrated
Oct. 21, 2011 -The Assistant Secretary General of the Organization of American States
(OAS), Albert Ramdin, is urging policymakers and leaders in the
Caribbean to invest in more substantial renewable energy options, in the
interest of energy security.
Caribbean hotels to become more energy efficient with IDB grant
- By S Coward
- Published 14-Oct-11
- Inter-American Development Bank , Environment/Energy , Travel/Tourism
- Unrated
Oct. 14, 2011 -- The Inter-American Development Bank (IDB) approved the Caribbean Hotel Renewable Energy and Energy Efficiency Action – Advanced Program (CHENACT-AP), a US$2 million grant to help the tourism sector in Barbados, Jamaica, The Bahamas, Suriname, Trinidad and Tobago, Belize, Haiti, Dominican Republic and Guyana to become more energy efficient.
Light & Power Holdings Ltd. to acquire Emera Caribbean Limited's Interest in St. Lucia Electricity Services
- By S Coward
- Published 04-Oct-11
- Economy, Trade & Investment , Environment/Energy
- Unrated
Halifax Nova Scotia & Bridgetown, Barbados -- Oct. 4, 2011-- Emera Inc. (TSX: EMA) announced today that its wholly-owned subsidiary Emera Caribbean Limited has agreed to sell its 19.1% indirect interest in St. Lucia Electricity Services Ltd (LUCELEC) to Light & Power Holdings Ltd. (LPH), also an Emera Inc. subsidiary, for US $25.8 million.
Climate Change Expected to Cost Caribbean Countries at Least 5% of Annual GDP
- By S Coward
- Published 30-Sep-11
- Environment/Energy
- Unrated
Sept. 30, 2011 --
Climate change is estimated to cost countries in the Caribbean
subregion up to 5% of annual GDP between 2011 and 2050, if actions for
mitigating and adaptation are not pursued, according to the ECLAC report
The Economics of Climate Change in the Caribbean Summary Report.
A way ahead for low carbon development - Latin America and the Caribbean Carbon Forum
- By S Coward
- Published 30-Sep-11
- Inter-American Development Bank , Environment/Energy
- Unrated
Sept. 30, 2011 - With more than 900 registered attendants from over 46 countries, the 6th Latin American and Caribbean Carbon Forum demonstrated the growing interest in the future of the Clean Development Mechanism (CDM) and in emerging instruments that can lead to a new development paradigm: Low carbon development supported by a new framework for climate financing mechanisms.
US firm to generate electricity from tropical waters in the Bahamas
- By S Coward
- Published 27-Sep-11
- Environment/Energy
- Unrated
Sept. 27, 2011 - Ocean Thermal Energy Corporation (OTE
Corporation) from Lancaster, Pennsylvania (US) has won a contract to
design its first two commercial plants that generate electricity from
temperature differences in ocean water.
Remarks At the High-Level Caribbean-U.S. Conference
- By S Coward
- Published 23-Jun-11
- Environment/Energy , Government, Politics, Int'l Relations
- Unrated
June 23, 2011 - Hillary Rodham Clinton, Secretary of State -: Today, I am pleased to announce that even in these very difficult budget
times in the United States, our country is deepening its commitment to
the Caribbean Basin Security Initiative with $77 million in funding for
fiscal year 2011. That is an increase of more than 70 percent over the
previous year. Security is a core concern for all of us, and the United
States is honored to support your efforts.
IDB launches regional initiative to support Sustainable Aviation Biofuels in Latin America and the Caribbean
- By S Coward
- Published 09-Jun-11
- Environment/Energy
- Unrated
June 9, 2011 - The Inter-American Development Bank (IDB)
announced today the approval of a regional cooperarion to help public
and private institutions develop a sustainable biojet fuels industry
employing different kinds of local organic feedstock.
EPA Begins Study of Air Pollution Near HOVENSA Oil Refinery in St. Croix, US Virgin Islands
- By S Coward
- Published 15-Feb-11
- Environment/Energy
- Unrated
St. Croix, USVI -- Feb. 15, 2011 - The U.S. Environmental Protection
Agency (EPA) has begun a three-month study of air pollution from the
HOVENSA oil refinery and other sources of air pollution near the
facility in St. Croix, U.S. Virgin Islands.
IDB, JICA to promote renewable energy and energy efficiency in Latin America and the Caribbean
- By S Coward
- Published 17-Jan-11
- Environment/Energy
- Unrated
TOKYO, Japan – The Inter-American Development Bank (IDB) and the Japan International Cooperation Agency (JICA) signed a Memorandum of Understanding to support renewable energy and energy efficiency for the mitigation of climate change in Latin America and the Caribbean.
Guyana: Oil and gas industry prospects still high – President Jagdeo
- By S Coward
- Published 17-Jan-11
- Environment/Energy
- Unrated
Georgetown, Guyana - Jan. 17, 2011 -- Tullow Oil, a London-based Company is expected to commence drilling in
April in the Guyana basin and has invested huge in the Jaguar Well
through a joint venture with REPSOL, a leading international oil
exploration company out of Spain.
Conduit Capital to Build $127 Million Power Plant in Jamaica
- By S Coward
- Published 17-Dec-10
- Environment/Energy
- Unrated
Dec. 17, 2010 -- Conduit Capital Partners LLC, a
private equity investment firm focused on energy infrastructure investment and
development in Latin America and the Caribbean, today announced that it will
build a $127 million power plant in West Kingston, Jamaica.

Environment/Energy