‘The New World of Human Connections: Click, Connect and Inspire’ was quite aptly selected as the theme for CARILEC’s 2021 Virtual Human Resource, Corporate Communications and Customer Service (HRCCCS) Conference, held on March 23rd and 24th. Over a two (2) day period, communicators, human resource officers and customer service personnel from several organisations within the […]
featured photo above: Jillian Nunes, Vice President & Barbados Country Head, RF Bank BARBADOS-BASED RF Merchant Bank & Trust Limited (RF) this week announced that it has completed a fund raise of BBD$14m in Green Energy bonds for Williams Renewable Energy Limited (WREL) — a wholly owned subsidiary of Williams Caribbean Capital (WCCB), an entity […]
Wärtsilä’s GEMS energy management system (EMS) is now onto its fifth generation, having been launched initially in 2009 and grown alongside the energy storage sector for more than a decade. GEMS has now been deployed over 100 times, with around 70% of those within the US, whilst growing its global footprint in recent years to […]
On March 1st and 2nd 2021, CARILEC successfully hosted its first ever Virtual Occupational Health & Safety (OHS) Seminar, under the theme ‘Safety Leadership = Safety Culture’. The seminar commenced with a well-attended joint opening ceremony in partnership with the St. Lucia Electricity Services Limited (LUCELEC), which also launched the utility’s celebration of twenty-five (25) […]
37% Reliability Improvement in Linstead and Surrounding Communities March 8, 2021 Since the commissioning of the Michelton Halt Substation in St. Catherine, at the end of 2019, Linstead and surrounding communities, have seen a 37% improvement in reliability. The JPS substation uses modern technology that has eliminated emergency outages originating at the substation level. This […]
Guyana’s government will push for development of the 165-MW Amaila Falls hydroelectric project, which was shelved by the previous administration, according to finance minister Ashni Singh During his 2021 budget speech to parliament, Singh said Amaila “will become a reality” under President Irfaan Ali, who took office in August. The hydro plant has been targeted by the […]
Abu Dhabi Fund for Development, one of the UAE’s leading financial entities, continued to advance its sustainable development agenda within the country and abroad through clean-energy initiatives. Notwithstanding challenges of the Covid-19 pandemic, the Fund completed five crucial renewable energy projects in five partner countries, including Cuba, Somaliland, the Bahamas, Barbados, and Saint Vincent and […]
Exploration and production activity across Latin America and the Caribbean will continue recovering in 2021 and could even see rapid acceleration if a COVID-19 vaccine becomes readily and widely available, according to a BNamericas oil and gas outlook report. Brazil, by dint of its sheer size, will likely lead the rebound, helped by the low […]
Sovereign Pacific Capital Ltd., www.sovereignpacific.co, a Singapore based wealth and asset management organization, partners with Possibility Group Ltd., a Caribbean value creation organization, to establish a USD $500M Sovereign Pacific Fund for sustainable investments in St. Kitts & Nevis and the Caribbean region. Sovereign Pacific Fund will be administered and managed by Possibility Capital Inc., www.possibility.capital, a Caribbean wealth and asset management organization. Sovereign Pacific Capital’s focus includes Financial […]
Minister of Science, Energy and Technology, Hon. Daryl Vaz, says that plans are being put in place to procure up to 268 megawatts of electricity generation from renewable sources by 2025. This includes energy from solar and wind technologies, with 70 megawatts from hydro, biomass and waste technologies. “It is my priority to have the […]