Japan commits $17.8m to Guyana’s renewable energy development

The Government of Guyana has secured a deal with Japan for US$17.8M dedicated to renewable energy  development and system efficiency improvements. This grant will also provide US$1.3M for energy saving LED lights, which are expected to fund 10,930 units of LED streetlights.

This investment will be used to improve the efficiency of the power system in Georgetown and surrounding areas. This will be achieved by enhancing distribution and supply equipment. The grant will also establish a photovoltaic and an energy management system at the CARICOM Secretariat.