Tuesday, December 18, 2018

St. Lucia: RFP for Drilling at Geothermal Power Project Under Review by the World Bank

Geothermal Exploration in Saint Lucia today (The Voice St. Lucia)

With a number of key upstream activities completed, the Government of Saint Lucia (GoSL) has now redirected its attention to identifying a company for undertaking exploratory drilling at the three identified sites. The Request for Proposals (RFP) has been drafted and is presently under review by the World Bank.

With surface explorations validating the presence of geothermal resources outside of Sulphur Springs and the Piton Management Area, the World Bank supported the preparation of the US$22.54 million Saint Lucia Renewable Energy Sector Development Project. Contingent Grant and concessional loan financing came from the Clean Technology Fund (US$9.7 M), SIDS DOCK/ESMAP (US$1.85 M), UK DFID (US$5 M) and World Bank-IDA (US$5 M). These funds will assist the GOSL in assessing the viability of harnessing indigenous renewable energy resources, in particular geothermal. In relation to geothermal, they will be used to cover the cost of the exploratory drilling program and completion of the technical, policy/regulatory and implementation preparation activities necessary for making a final decision on further geothermal development activities.


From the Global Geothermal News archives: