Dominica is committing US$15 million for the development of a geothermal project that has been in a test phase since 2012. Although recent inclement weather has challenged the financial security of the project, the government still views the project as a priority.
Part of the commitment involves a partnership with New Zealand for the development of a 7 MW geothermal plant, worth US$1.4 million. The Government of New Zealand has been providing technical assistance to the Government of Dominica for the development of geothermal resources.
Prime Minister Roosevelt Skerrit maintains that a “friendly battle” is ongoing among international financial institutions that seek to provide Dominica with additional financing for construction of the geothermal plant. The government plans to offer shares to the Dominican public once the plant is operational.
