The government of St. Vincent and the Grenadines will now own a 49 per cent stake in the geothermal plant being developed in the country.
Tag: Geothermal
Nevis’ geothermal resources are among the biggest in the world
The official results are in and the Nevis geothermal resource is now being characterized as one of the top six geothermal reservoirs in the world.
Growing presence of geothermal in the Eastern Caribbean
The islands of the Eastern Caribbean are renowned for their natural beauty and rich culture. But the volcanic origin of these islands has not only created breathtaking scenery, it could soon provide the solution to the region’s quest for clean,…
The role of geothermal in the Caribbean’s energy future
The Caribbean is one of the world’s largest untapped sources of renewable energy, with huge solar, wind, geothermal and marine energy potential. Despite this, most Caribbean nations still use imported diesel or oil to generate more than 90% of their…
Ormat adds 15 MW of geothermal capacity
Ormat Technologies recently said it agreed to acquire part of a geothermal power plant and exploration options in Guadeloupe Island in the Caribbean. The company said it will gradually purchase 85 percent of Geothermie Bouillante SA (GB) for approximately $56…
Geothermal Risk Mitigation Programme launched for the Eastern Caribbean
The Commissioner in charge of International Cooperation and Development, Neven Mimica and the President of the Caribbean Development Bank, Dr. Wm. Warren Smith, announced the formalisation of an EU grant contribution to the Geothermal Risk Mitigation Programme for the Eastern…
Caribbean Investment Forum puts resilience into sharp focus
Urgent investment into infrastructure more resilient to climate change is needed to allow Caribbean island nations to achieve their clean energy, sustainable development plans, a high-level meeting of representatives from Caribbean governments, development partners and regional organizations in Saint Lucia…
Green jobs in St. Kitts & Nevis
The developing renewable energy industry in St. Kitts and Nevis is largely thought of by consumers as a way to save money, but Bertill Browne, director of the Energy Unit in the Ministry of Public Infrastructure, said people also need…
Guadeloupe urged to tap into its geothermal potential
There remains great and untapped geothermal potential in Guadeloupe, French territory in the Caribbean, which could help fuel electricity supply at less then half the cost of current fossil fuel based electricity generation. The long-term energy program for Guadeloupe a…
Caribbean Nations Turn to Renewable Energy
The Caribbean faces several challenges to its energy sector, which harm the region’s people and potential for economic growth. The Caribbean power generation sector receives 87 percent of its energy production from imported fossil fuels, despite the availability of solar,…
Recent Initiatives on Saint Lucia
Like most island nations in the Caribbean, electricity generation relies on imported diesel fuel, leaving it vulnerable to a costly and volatile energy source. At the same time, the island boasts strong renewable resource potential, including solar, wind, and geothermal.…
2018 could see the start of geothermal exploration in Saint Lucia
Caribbean Islands are prime locations for geothermal energy and St. Lucia is on track to implement their own geothermal energy resources in 2018. Several Caribbean Islands are prime locations for geothermal energy. St. Lucia is on track to implement their…
Markets seek more progress on Caribbean geothermal
In a market-wide poll taken at the 2016 Caribbean Renewable Energy Forum (CREF), delegates overwhelmingly responded that islands are not acting quickly enough to develop their geothermal resource. While regional progress has been closely tracked – particularly the uptick in the past…
Saint Lucia new energy roadmap to include geothermal – at right price
In a release last week, the government of Saint Lucia in the Caribbean has issued a new energy roadmap revealing a sustainable, reliable, cost-effective, and equitable electricity future for Saint Lucia. The study has been initiated and worked with the…
Energy Transition Platform
North Rhine-Westphalia in Germany has partnered with The Climate Group and Stiftung Mercator to formally launch the Energy Transition Platform. The global initiative supports highly industrialized, carbon intensive state and regional governments in developing and implementing innovative clean energy policies to…
Nevis to export renewable to neighbouring islands
In December, 2017, Nevis's electricity is set to become 100 percent renewable. Legislators now focus on the prospect of becoming a net energy exporter by selling energy to neighbouring islands. “We have already done the interconnectivity studies; Antigua is a possibility…
