Dominica

Dominica geothermal project to drill additional 2 wells

In a statement this week, Roosevelt Skerrit, Prime Minister of Dominica, provided an update on the geothermal power project on the Caribbean island state. The geothermal project in the Roseau Valley will see the drilling of two additional wells, with financial and technical support of the World Bank. The Dominica government concluded five procurements valued […]

US, Caribbean mend fences on energy cooperation

A meeting yesterday among US secretary of state Tony Blinken and foreign ministers of Caribbean regional trade group Caricom has rekindled cooperation in several areas including energy, Caribbean officials told Argus today. Source

USTDA, Caribbean nations partner on energy procurement

The U.S. Trade and Development Agency launched the Caribbean Regional Energy Procurement Assistance Program  to support the development of high-quality energy infrastructure in eight Caribbean countries; Belize, Dominica, Grenada, Guyana, Jamaica, St. Lucia, St. Vincent and the Grenadines, and Suriname. The Program will deliver targeted procurement training to officials who manage energy sector investments in these […]

Dominica prioritizes strengthening infrastructure with Citizenship-by-Investment funds

Dominica’s CBI Program, which enables foreign investors and their families to become citizens of the nation once investing in either a government fund has  been injected into important sectors in Dominica, from healthcare and education to tourism and infrastructure development. The Program also supports the construction of over 5,000 climate-resilient homes for citizens impacted by Hurricane Maria. […]

Blue Economy Accounted for 7% of Jamaica’s GDP in 2017

The Blue Economy was responsible for more than US$1 billion of GDP in Jamaica in 2017, according to Caribbean Development Bank (CDB) Director of Economics Dr. Justin Ram. The announcement was part of the CDB’s annual news conference in Barbados, and included wider discussions about economic growth in the region. Among the economic leaders in […]

Full steam ahead for Dominica’s geothermal plant after successful well testing

In a release last week, the Dominica Geothermal Development Company (DGDC) announces having successfully concluded the testing of its geothermal production well in Laudat. This, following news that the geothermal plant concept designs are completed, and the project is fully funded, according to Minister Ian Douglas. Currently, the DGDC is working to acquire the piece […]

Dominica geothermal project makes headway

Dominican representatives announced that following the acceptance of a financing package by the World Bank, Dominica’s geothermal project has made headway with the purchase of two 3.5MW turbine. The Senior Advisor to the Dominica Geothermal Development Company, His Excellency Dr. Vince Henderson also advised the technical plan for the development of the project was secured. […]

USD 27m for 7MW geothermal project in Dominica

The World Bank has approved a budget of USD27 million for the funding and development of a 7MW geothermal power plant in Dominica. This small geothermal power plant is a step further for Dominica’s aim to diversify the country’s energy matrix and increase renewable energy sources for the production of electricity. This project, which is […]

Dominica negotiates funding with World Bank for geothermal project

The on-going geothermal project in Dominica will receive funding in the form of grant financing, officials have confirmed, after negotiations concluded with a World Bank delegation. The Co-ordinator of the Dominica Geothermal Energy Project, Ambassador Vince Henderson, announced officials were pleased with the outcome of these negotiations. A USD10 million grant from the United Kingdom’s […]