Posts Tagged ‘Renewable Energy’

UAE partners with CDF and other stakeholders to build resilient green power system for hurricane-ravaged Barbuda

The UAE-Caribbean Renewable Energy Fund is the largest renewable energy initiative of its kind in the Caribbean region and is a partnership between the UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC), Abu Dhabi Fund for Development (ADFD), and Abu Dhabi Future Energy Company (Masdar) Abu Dhabi, United Arab Emirates; September 19, 2019: The…

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CDF funding for Antigua & Barbuda’s Green Energy Projects

Prime Minister Gaston Browne exchanges official documents with Mr. Rodinald Soomer, CEO of the CARICOM Development Fund following the Signing Ceremony The government has received more money for a project aimed at moving Barbuda away from fossil fuels to a mix of renewable technologies, primary solar and wind power, backed up by modern battery storage.…

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CDF Co-finances Barbuda’s Transition to Green Energy

L to R: Prime Minister Hon. Gaston Browne and Mr. Rodinald Soomer, CEO of the CDF signing the Grant Agreement. The CARICOM Development Fund (CDF) on February 5th, 2019 signed a US$1Million Grant Agreement with the Government of Antigua and Barbuda to finance the Solar Power component of a project primarily financed by the United…

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CARICOM Development Fund (CDF) Board meets ahead of workshop to tackle Energy Financing and Investment Challenges

L to R: Mr. Arden Warner (CDF Board Secretary), Mr. Rodinald Soomer (CEO), Dr. Sherwyn Williams (Chairman), Mr. Angus W. Vitalis (Financial Controller), Ms. Yvette Alvarez, Ms. Beverly Best, Mr. Bernard Lord and Dr. Richard Brown (CDF Board Directors) and Mr. Alex Joubert (CAMCO Director)   Sustainable financing for the Region’s energy sector will come…

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CARICOM Development Fund (CDF) commences Study on the Development of a Credit Risk Abatement Facility (CRAF)

The CARICOM Development Fund (CDF), in collaboration with the Caribbean Community Secretariat (CARICOM) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), have commenced work on the establishment of a Credit Risk Abatement Facility (CRAF) for the benefit of Small and Medium Size Enterprises (SMEs) with an initial focus on the Energy Efficiency/Renewable Energy Sector. A team…

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