EU bank lends €5m for green loans in Dominican Republic

The loan will be used to help homes and businesses finance energy efficiency and renewables projects

New LNG cargoes arrive in UK

The first ever liquefied natural gas (LNG) cargoes from the Dominican Republic and Peru have arrived in the UK. National Grid’s Grain Terminal in Kent, the largest LNG facility in the UK and eighth largest in the world, welcomed the vessels on the 24th of February and the 4th of March respectively. Simon Culkin, Terminal […]

Dominican Republic has huge green potential

The Dominican Republic could be getting 27% of its energy from renewable sources by 2030. According to a new report launched by the International Renewable Energy Agency (IRENA), the main challenges and opportunities for the Dominican Republic lie in the power sector. Under current policies, the country’s share of renewables in power will only reach […]

Funders splashing $100m on Dominican Republic clean energy

A power company in the Dominican Republic is getting $100 million (£60m) from investors to develop more gas infrastructure and renewable energy sources. Caribbean energy company InterEnergy Holdings (IEH) will use the cash to boost the Latin American island’s ability to import liquefied natural gas and developing wind and solar power. Rolando Gonzalez Bunster, Chairman […]

Caribbean wind farm opens

The first phase of what is to be the Caribbean’s largest wind farm has finished, according to major investor VICINI. The first 14 windmills of the Los Cocos wind farm (pictured) account for roughly 3% of the Dominican Republic’s power capacity, providing electricity for 90,000 families. Rafael Velez, VICINI’s Energy and Industry Fund manager said: […]