Monday, July 28, 2014


Geothermal in the Caribbean gets a Boost (Nation News)

Major aid agencies in the Caribbean have announced cooperation to develop geothermal energy in the region.

The Caribbean Development Bank, Japan International Cooperation Agency (JICA) and the Inter-American Development Bank (IDB) will be working closely to transform the energy landscape in the Eastern Caribbean.

Together, the agencies will support the efforts of Eastern Caribbean States to tackle high energy costs and reduce dependence on fossil fuel-generated energy by diversifying its energy matrix and promoting renewable energy and energy efficiency.

The Memorandum of Cooperation will identify and support programs and projects which explore a joint effort for further introduction of renewable energy and energy efficiency in the EC countries, with special focus on geothermal development.

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