St. Kts: Regional power supply improvement

BASSETERRE, St. Kitts - St. Kitts/Nevis and two other Caribbean nations are involved in a regional project, which would enable the commercial development of geothermal fuelled electric power plants.
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Director of the Office of the General Secretariat of the OAS Kenneth Parker said the regional sustainable energy initiative was primarily funded by grants from the Global Environmental Fund and the French Development Agency, together with managerial support from the OAS.

He said the OAS assistance includes establishing a US$10 million drilling risk fund and providing a multi-million dollar technical assistance aid grant to St. Kitts/Nevis, Dominica and St. Lucia.

"This support is being designed to enable countries to attract quality developers to provide hundreds of millions of dollars in regional project geothermal investments," Parker said.