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“The dawn of this solar era will illuminate new possibilities for our nation,” says Prime Minister Davis at Eco Energy Bahamas Microgrid Signing

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From: Bahamas Information Services

April 10, 2025

 

His Remarks, April 9, 2025 at the Office of the Prime Minister:

 

“Good Morning,

My thanks to all of you for joining us.

As we enter a New Energy Era for The Bahamas, we are committed to tackling the long-standing challenges in our energy sector with comprehensive, innovative solutions.

The partnership we formalise today represents a fundamental shift in how we power our communities – by embracing the abundant sunshine that has always defined our way of life.

The need for progress on energy reform had long been clear – but the complexity and challenges were always daunting.

We decided to take it all on, anyway.

As solar technology advanced, we knew we could build a way to reduce our country’s dependence on heavy, expensive fuels.                                                                                                                   After a lot of elbow grease, research, and negotiation, we are finally building a resilient energy network that can better withstand hurricanes, create good jobs for Bahamians, attract new investments, and generate electricity at a lower cost for consumers.

We are embracing that future, today.

Our partnership with Eco Energy Bahamas Ltd. demonstrates our unwavering commitment to solar energy as a crucial component of our national energy strategy.

This project will deliver the first significant solar installation in New Providence.

At Coral Harbour, Eco Energy Bahamas will construct a 20-megawatt solar facility supported by a 5-megawatt-hour Battery Energy Storage System.

This installation will inject 20 megawatts of clean, renewable power into our grid – transforming how we generate electricity in New Providence and setting the standard for future solar projects throughout our islands.

This is just the beginning of a solar revolution.

Moving forward, utility scale solar will be the norm for our islands, not the exception, as we break free from outdated energy models that have constrained our economic growth and national development.

This new energy era will power a new reality where the cost of electricity is no longer a barrier to growth and success.

Our plans for solar will be supported by the adoption of LNG and the complete modernisation of our transmission and distribution infrastructure to deliver tangible benefits for Bahamians.

Light bills have already decreased, and they are set to go even lower.
In the near future, frequent power outages will be a thing of the past.

When we decided to tackle the whole energy sector – to leave behind the short-term fixes and replace them with innovative and comprehensive solutions – we did so because of our profound belief that the Bahamian economy can be so much more – more competitive, more successful, more dynamic, and above all, more inclusive – with more paths to security and prosperity for more Bahamians.

Just imagine what we can do together now, and in the years to come, as we extend this new energy vision to every Bahamian household.

I believe profoundly that this new energy era will lead to a new economic era across our entire archipelago – a new era of opportunity for all Bahamians, regardless of which island they call home.

I express profound gratitude to our partners who have embraced our vision for energy reform and committed their expertise and resources to its realisation. Your investment in solar energy is an investment in the Bahamian people.

The dawn of this solar era will illuminate new possibilities for our nation, powering communities, energising businesses, and creating new pathways to prosperity.

Thank you all, once again, for joining us this morning.

God bless you.”

 

(BIS Photos/Anthon Thompson)

Bahamas News

Nassau Opens CDB Annual Meeting at Baha Mar This Week

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NASSAU, BAHAMAS — Regional policymakers, development financiers, economists and international partners are converging on Nassau this week as the Caribbean Development Bank (CDB) stages its 56th Annual Meeting at the Baha Mar Resort from June 1-5, 2026.

Held under the theme, “Forging the Caribbean’s Future: Strategic Solutions for Uncertain Times,” the gathering is expected to place The Bahamas at the center of discussions on some of the region’s most pressing challenges, from climate resilience and energy security to debt sustainability and economic growth.

At the launch of the annual meeting on March 19, CDB President Daniel Best underscored the importance of bringing together leaders from across the Caribbean and beyond at a time of global uncertainty.

“The Annual Meeting provides a strategic moment for the Caribbean, an opportunity for our leaders, governments, development institutions, private sector, youth, and international partners to come together to identify practical solutions that can help the Region navigate uncertainty while unlocking the opportunities that lie ahead,” Best said.

The conference host, newly named Bahamas Minister of Finance and Chairman of the CDB Board of Governors, Michael Halkitis, also emphasized the significance of the event during the March 19 launch ceremony.

“Today’s gathering marks more than the start of preparations for an important meeting. It represents the beginning of a renewed conversation about the future of the Caribbean, about our shared aspirations, our common challenges, and the partnerships that will shape the path forward for our region,” Halkitis said.

He added: “Hosting the 56th Annual Meeting of the Caribbean Development Bank here in Nassau provides an important opportunity to strengthen partnerships and advance meaningful dialogue on the future of the Caribbean.”

Over the five-day meeting, delegates will tackle major issues including energy transition and resilienceinnovative debt solutions for Caribbean economies, and the impact of global economic shocks on regional development.

The programme features a number of high-level events including the Youth FIRE Forum, the William G. Demas Memorial Lecture, the President’s Chat titled Financing the Future: MDB Strategies for Uncertain Times, and a series of policy seminars examining climate finance, infrastructure, economic resilience and development lending.

Among the featured participants are CDB President Daniel Best, Finance Minister Michael Halkitis, senior officials from multilateral development banks, regional finance ministers, central bank governors, economists, development specialists and private-sector leaders. The President’s Chat is expected to bring together leaders of major multilateral development banks to discuss financing strategies for developing states facing mounting economic pressures.

The annual meeting also includes sessions branded “EDGE X by CDB: Analytics Unlocked,” which will explore the economic costs of traffic congestion in the Caribbean and how global crises continue to affect regional economies.

The CDB Annual Meeting traditionally attracts representatives from the Bank’s 28 member countries, including government ministers, senior public officials, development agencies, international financial institutions, youth delegates, academics and private-sector stakeholders. Hundreds of delegates are expected to participate in discussions that will help shape development priorities and financing strategies across the Caribbean in the years ahead.

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Bahamas News

Afreximbank Annual Meetings Return Next Month; Caribbean Links Remain in Focus

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May 29, 2026 – Two years after The Bahamas made history as the first Caribbean nation to host the African Export-Import Bank’s Annual Meetings, thousands of delegates are expected to gather in Egypt next month for AAM2026.

The 33rd Afreximbank Annual Meetings will be held from June 21-24 in El Alamein, Egypt, under the theme: “Intra-African Trade and Industrialisation: Pathway to Economic Sovereignty.”

The event is regarded as one of Africa’s most important gatherings on trade, investment, finance and economic development, bringing together heads of state, policymakers, business leaders, development finance institutions and international partners.

For Caribbean nations, the meetings hold special significance.

In 2024, The Bahamas welcomed thousands of delegates to Nassau for the landmark event, marking the first time the annual meetings were staged outside the African continent and placing the Caribbean at the center of growing discussions on Africa-Caribbean trade and investment.

Since then, Afreximbank has continued to expand its engagement in the region, promoting stronger commercial ties between Africa and Caribbean countries and exploring opportunities in trade finance, infrastructure development, logistics, investment and private sector growth.

Organizers say this year’s discussions will focus on strengthening intra-African trade, advancing industrialization, building regional value chains and increasing economic resilience amid global uncertainty.

The meetings are also expected to provide a platform for new partnerships, investment opportunities and development initiatives that could have implications beyond Africa, including for Caribbean nations seeking to deepen economic cooperation with the continent.

As leaders prepare to convene in Egypt, the Caribbean’s growing relationship with Afreximbank remains a key part of the institution’s broader vision of expanding trade and investment connections across the Global South.

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UN Reports Ebola Outbreak Expands in DRC; Bahamas Monitors Two Recent Arrivals

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The Bahamas, May 29, 2026 – The Ebola outbreak in the Democratic Republic of the Congo (DRC) continues to expand, with United Nations officials now warning that the disease has spread across multiple eastern provinces and become the third-largest Ebola outbreak on record.

According to the UN Office for the Coordination of Humanitarian Affairs (OCHA), as of May 26 the outbreak had reached 13 health zones in Ituri, North Kivu and South Kivu provinces. More than 1,000 suspected cases have been reported, including 121 confirmed infections and 17 deaths. Six healthcare workers are among those who have died.

The United Nations says humanitarian teams remain actively engaged in treatment, surveillance, community outreach and disease containment efforts. However, the response is being complicated by insecurity, population movement and restrictions affecting the delivery of supplies and personnel.

While the outbreak remains confined to Africa, authorities in The Bahamas recently activated emergency health protocols after two men who had spent time in the Democratic Republic of the Congo arrived at Lynden Pindling International Airport aboard a British Airways flight.

The Ministry of Health confirmed the travelers were isolated after presenting low-grade fevers upon arrival on May 22. Officials later reported that the fevers subsided and neither individual displayed symptoms consistent with Ebola Virus Disease.

The two men, identified as a British national residing in Australia and a French national, were transferred to the Modular Unit at Princess Margaret Hospital for continued monitoring.

Health officials emphasized that there are currently no confirmed Ebola cases in The Bahamas and assessed the risk to the public as low.

Still, the growing outbreak overseas has prompted increased vigilance. Health Minister Dr. Michael Darville said the government is reviewing whether additional travel measures may be necessary for countries affected by the outbreak.

The United Nations this week announced up to US$60 million in emergency funding to support the Ebola response in the Democratic Republic of the Congo and neighboring countries, warning that rapid action remains critical to preventing further spread.

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