Tuesday, May 3, 2016

Saint Vincent and the Grenadines: 15 MW Geothermal Power Project "in a Good Place"

Fortune favors the bold: St. Vincent moves swiftly to develop geothermal (New Energy Events)

In a region which has struggled to get its geothermal ducks in a row, everything appears to be coming together in Saint Vincent and the Grenadines, for what could be the first geothermal project built in the Caribbean in 30 years.

“There’s no reason we should be the first, but we might be because we are in a good place”, said Trent Philipp, Regional Director of Americas for Reykjavik Geothermal (RG).

RG and Emera Caribbean are building a 10-15 MW plant on St. Vincent, and the “good place” in this instance means that the resource is promising, the government, utility, and developer appear to be in lockstep, and capital is lining up to finance the project.

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