Plans Advancing For Geothermal Energy Project

The Geothermal energy project for St Vincent and the Grenadines is expected to make leaps and bounds this year 2018.

The country expects to cover up to 50% of its energy need by geothermal energy.

Information from the Prime Ministers Office is that Vinlec will sign off very soon on the power purchase agreement, with the consortium in respect of the project.

The Office noted that the signing of the agreement took a longer time than anticipated, due to the nature of the details involved.

Financed by partners, including the Clinton Global Initiative, the Abu Dhabi Fund for Development, the Caribbean Development Bank, the International Renewable Energy Agency, it is expected that this can be achieved by 2019.

Prime Minister Gonsalves speaking on the radio said he was advised of the recommendations from the board of directors at Vinlec the state electricity company following discussions with the management.

Gonsalves has spoken constantly about the country’s quest for affordable and clean energy.

 Another 30% of its energy supply is to come from a mix of other renewable energy sources, including hydro and solar.

A number of public meetings on geothermal development in St. Vincent & the Grenadines have already taken place as advance plans for the development of the 10 to 15 Megawatt Power Plant in the vicinity of La Soufriere Volcano continues.

3 Comments

  1. It seems we have made progress with different forms of energy here in SVG. It is well-known that the Clinton Foundation is not a charity, as claimed. Only around 6% of the proceeds go to charity and the rest goes to certain people. We all heard of how Hillary Clinton, as secretary of State, was using “pay for play” in order for her and Bill to benefit from the “foundation”. Sadly, the Clinton Foundation is going to benefit far more from our Geothermal than we are.

    • We are left with that which we have at this time and opportunity to invest more in solar power. We have the sun all year round but geothermal energy is iffie by nature! I guess because the government do not benefit directly from solar energy they do not seem too interested.

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