The Caribbean Development Bank (CDB) remains interested in the ultimate outcome of the geothermal exploration in St Vincent and the Grenadines; generating power from a geothermal source.
Joseph Williams, the acting head of the Renewable Energy and Energy Efficiency Unit at the CDB made this point on radio, last week.
“Having invested so much and having our overall goal and objective being the impact, the potential impact of having stable, cleaner renewable energy from geothermal, we remain fully engaged and interested and will support to the extent feasible along the way,” Williams said on Sunday.
The CDB was the lead financing institution for the exploration project. Williams noted that this was the Bank’s first geothermal investment project.
