JPS $489M Investment in Michelton Halt Substation Project Significantly Benefits Customers

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 says 165 Megawatts Amaila Falls Hydro “will become a reality”

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 Pumps Millions into Caribbean Renewable Energy Projects

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 […]

Sovereign Pacific’s USD $500M Fund for The Caribbean Region

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 […]

Jamaica Urban Transit Company (JUTC) Says Liquefied Natural Gas (LNG) Pilot Positive – Next Up: Testing Electric Vehicle Buses

The Jamaica Urban Transit Company, JUTC, is a step closer to having a diversified fleet after a near one-year pilot of running some buses on liquefied natural gas, or LNG. General Manager Paul Abrahams says the five buses in the pilot operating out of Portmore depot have proven cost-effective in relation to their maintenance, that […]

CARILEC Successfully Hosts Eight (8) Specialised Utility Update Sessions

CARILEC Successfully Hosts Eight (8) Specialised Utility Update Sessions Throughout the month of November 2020, CARILEC held a series of Specialised Utility Update Sessions which featured several Member Utilities, providing valuable information regarding key functional areas.  The Sessions were held using the REMO Platform, a software program which facilitates virtual, conference style events.  CARILEC Member […]

The R.E.A.C.H Project Welcomes CREA

Bridgetown, Barbados November 24th, 2020 – The Resilient Environment & Agricultural Caribbean Habitats (REACH) Project welcomes a new scientific partner. The Council for Agricultural Research and Economics of Italy (CREA) has joined the existing consortium and will be leading innovative research activities covering the nexus among disasters, agricultural crops and pest management. CREA is a leading […]

The CARICOM Private Sector Organisation and the Caribbean Community Sign MOU

The CARICOM Private Sector Organization (CPSO) and the Caribbean Community (CARICOM), on Thursday 3 December 2020, signed a Memorandum of Understanding, which establishes the legal framework for cooperation and collaboration between the Private Sector and the Community, as mandated by the Conference of Heads of Government of the Caribbean Community. Mr. Gervase Warner, CPSO Chairman, […]