Barbados oil company to diversify offering with renewable energy pilot program

In 2020, an unlikely company will be installing 300 PV systems in Barbados. The Barbados National Oil Company Limited (BNOCL) will install solar PV systems across homes of 300 people within the company, as a pilot project meant to diversify its offerings and make available a renewable energy arm of the company. 

Chairman of BNOCL, Alex McDonald said: “BNOCL is an oil company; the incongruity of an oil company pushing a renewable energy (RE) agenda struck everybody.  So, out of that came a number of initiatives.  Firstly, to realign our name with an energy name so that we’re not an oil company by itself, but more to embrace and build on the renewable path that the country is on. To that end, we have formed a renewable arm of the company and one of the signature moves of that renewable arm is to commit to putting 30,000 photovoltaic systems on the homes of the average Bajan.  That’s roughly about 3,000 homes per year for the next 10 years.”