Caribbean renewable energy

Latin America Clean Energy Investments Surged 127% Higher In 2012

Clean energy investments soared higher in Latin America in 2012 amid an overall, global contraction. Four Latin American countries registered triple-digit percentage increases, with Brazil leading the way in terms of dollars invested. The data was released by Bloomberg New Energy Finance in advance of ACORE’s third Latin America & Caribbean Renewable Energy Finance Forum, which is being held in Miami this week.

High Cost of Diesel Spurs Caribbean Island’s Renewable Energy-Climate Change Plan

Residents’ ire over a spike in electricity costs due to the island’s dependence on diesel fuel has spurred the eastern Caribbean island’s renewable energy-climate change plan, an approach that’s increasingly being seen across the Caribbean, as well as one that should resonate here in the US at a time where rising gasoline and petroleum prices have become fodder for Republican attacks.

European Investment Bank to Support Caribbean Islands’ Geothermal Energy Project

A grant from the European Investment Bank will finance a feasibility study of building grid connections between geothermal power plants on Dominica to the neighboring islands of Guadeloupe and Martinique. Caribbean nations are increasingly looking to develop renewable energy resources as key enablers of achieving Millennium Development Goals and significantly reducing their reliance on polluting, imported fossil fuels.