We will evaluate financing for solar photovoltaic technology systems. Fixed roof mounted or in some cases ground mounted systems are within our target scope. Our design, engineering and installation partners are all associated with the best brands in the industry and maintain representative status for those products and technologies across the islands of the region.
In the commercial and industrial space, and ideally even in the residential markets, all ‘bankable’ wind projects require extensive wind studies. Data for the desired locations typically last at least one year. Speak with a CEFCL representative to learn which wind turbine manufacturers and associated companies have been added to the ‘approved’ technology list and what criteria will apply for the inclusion of others. We continuously seek to expand and update that list of equipment partners and suppliers.
The availability of ample water resources for hydroelectric projects is very locationally dependent. In various islands of the Caribbean, there are several projects operating which represent the target opportunities we seek. The systems in many cases are existing projects which may be in need of updating to newer technologies that are commercially available. In these cases, CEFCL will partner with the technical experts in the field to finance the implementation of projects that best align with international standards.
While not all islands have geothermal projects that have progressed beyond the experimental phase, there are heat based energy technologies that are proven and commercially viable without any further research and development. These “off the shelf” technologies include a wide range of sources of geologically focused energy. CEFCL will continue to review the proposed implementations and seek opportunities that are best suited for the island or specific commercial applications where funding may be needed.
This technology space is diverse and ubiquitous within the region. It spans biofuels, energy recovery from biodegradable resources, extends to naturally formed gas and gas recovery technologies and more. CEFCL will evaluate the technologies and proven projects as presented to determine which are best suited for application within the Caribbean region and for receiving financing when operating for a client.
There are a range of emerging renewable technologies that are continuously being innovated and which have particular applicability to the region. We see the rapidly improving battery technologies in this category, energy efficiency technologies and even co-generation and cross technology projects fall within this grouping. As an example, solar photovoltaic powered systems that drive elevated water storage for gravity feed or other cross technology implementations are not difficult or uncommon in the region.