[null, null, {"document_url": "http://bvielectricity.com/bviec-among-cref-2018-industry-award-winners/", "unformatted_src": "http://www.virginislandsnewsonline.com/cache/images/350x_l_leroy.jpeg", "src": "http://www.virginislandsnewsonline.com/cache/images/350x_l_leroy.jpeg", "formatted_filename": "x l leroy", "alt_text": "Mr Leroy A. E. Abraham as he accepts his award at CREF 2018. Photo: Provided"}, null, {"document_url": "http://bvielectricity.com/bviec-among-cref-2018-industry-award-winners/", "unformatted_src": "http://www.virginislandsnewsonline.com/cache/images/350x_w_WhatsApp_Image_20181110_at_9.03.47_AM.jpeg", "src": "http://www.virginislandsnewsonline.com/cache/images/350x_w_WhatsApp_Image_20181110_at_9.03.47_AM.jpeg", "formatted_filename": "x w WhatsApp Image at"}, null]
BVIEC Among CREF 2018 Industry Award Winners

November 10, 2018Newsbvieca The Caribbean Renewable Energy Forum (CREF), the largest annual gathering of the regional clean energy market, today announced 8 winners for its second annual CREF Industry Awards. The winners were recognized on stage at the 10th CREF in Miami.

New Energy Events, the organizers of CREF, developed the awards to recognize the leaders in the Caribbean energy sector who are making a lasting impact on resilient and renewable energy. Many award winners are first-movers, forging a path for project development in the region.

“Ten years ago, projects of any description in the Caribbean were few and far between,” said Matthew Perks, CEO of New Energy Events. “That we can now generate awards for eight impactful projects is evidence of just how far the market has come in the past decade. The awardsserve to underscore the trajectory of the market, but also to provide a benchmark for excellence in the development of renewables across the region.”

“2018 has been another growth year for renewables.” said Advisory committee member Adam Carter, Managing Director, Head – Investment Banking, CIBC FirstCaribbean. “With the continued tenacity and innovation of organizations like these, the Caribbean’s switch to a clean and resilient energy grid will be much sooner than many thought possible.” The awards program drew candidates from across the Caribbean region, including Turks and Caicos, Puerto Rico, Dominican Republic, and Haiti.The selected award winners represent the entities who have had a profound impact on the region’s clean energy development. Award recipients were chosen by an industry-leading Advisory Committee including Chris Burgess, Director of Projects, Rocky Mountain Institute; Nils Janson, Executive Vice President, Castalia Advisors; Jennifer DeCesaro, Acting Director of Technology to Market Program, U.S. Department of Energy; Adam Carter, Managing Director, Head – Investment Banking, CIBC FirstCaribbean; Emily Chessin, Senior Associate, The Cadmus Group; Doug Hewson, Managing Partner, Portland Private Equity; and Julie Taylor, Editorial Director, New Energy Events.



New Energy Events. (2018, November 08). CREF 2018 Industry Award Winners Announced! Retrieved from http://newenergyevents.com/cref-2018-industry-award-winners-announced/




The BVI Electricity Corporation is pleased to announce that with the British Virgin Islands Electricity Corporation (Renewable Energy) Regulations, 2018 which came into effect on November 1, 2018; coupled with the British Virgin Islands Electricity Corporation (Amendment) Act, 2015 the Territory now has the legal framework to advance the subject of “Renewable Energy.”

“The coming into effect of this legislation indicates further progress in the goal of the Government of the Virgin Islands to address the current and future energy needs of our Territory,” stated Minister for Communications and Works, Honourable Mark Vanterpool.  “Even as we continue to import oil and gasoline for our energy and transportation needs, efforts intensify to reduce our vulnerability to this risk.  With the modernizing of legislation and a public education campaign, Government will also continue initiatives to ensure that by 2021, fossil fuel imports will decrease by 20%, 50% of consumers will be using energy conservation measures and by 2023, 30% of the Territory’s energy will be supplied by renewable means.

Mr. Ron Potter – Chairman of the Corporation stated, “This is a monumental achievement for both the British Virgin Islands Electricity Corporation (BVIEC) and the Territory as a whole, and I am pleased that this goal which was set by the Corporation has finally come to fruition.”

Both the BVIEC (Amendment) Act, 2015 and BVIEC (Renewable Energy) Regulations, 2018 work together to provide both residents and entities wishing to install a renewable energy system at their homes, businesses or utility scale projects the necessary guidelines in order to do so.  What is equally important is that it permits a “grid-tie” arrangement for residential and commercial systems and the prescribed “feed-in-tariff” which goes along with “grid-tie”.

The General Manager – Mr. Leroy A.E. Abraham was quoted as saying, “The objective of the diversification of energy production in the BVI utilizing renewable energy has long been a strategic objective for BVIEC for approximately fifteen years. With the enabling legislation now in place to support the renewable energy industry locally; this is not only the beginning of securing a more sustainable and resilient energy future for the Territory but will also demonstrate that the BVI is doing its part to combat climate change”.

BVIEC is therefore encouraging residents with a desire to install a renewable energy system in their homes or businesses, to familiarize themselves with these legislations.  It is the intention of BVIEC to disseminate more information regarding this subject in the coming weeks.

The BVI Electricity Corporation takes this opportunity to thank everyone who played a part in this milestone being realized – the Government of the Virgin Islands, BVIEC’s renewable energy consultants – DNV GL, Clean Energy Solutions Center, and Rocky Mountain Institute.