St. Kitts & Nevis

Electricity costs killing us, says St. Kitts manufacturing sector

February 12, 2016

Despite the falling price of oil globally, the cost of fossil-fuel generated electricity  in the Caribbean remain high. “It’s killing us, and we look forward to any assistance that we can get in helping to lessen the cost of electricity. One would hope that with the cost of oil going down by leaps and bounds […]

St. Kitts & Nevis Government expects renewable energy projects to take off in 2016

December 22, 2015

The government of St. Kitts and Nevis expect substantial job creation to result from a $610 million investment into geothermal and wind energy. Prime Minister and Minister of Finance, Dr. Timothy Harris, said in a budget presentation: “We must see this alternative energy, this new industry, as providing new opportunities for employment, for new skills […]

St. Kitts & Nevis PM calls for legally-binding agreement with ambitious emission reduction targets

December 3, 2015

This week at the COP 21 meetings in Paris, Prime Minister Dr. Timothy Harris of St. Kitts and Nevis called for a “legally-binding agreement with ambitious emission reduction targets.” In order to mitigate the current and future impacts of climate change, the St. Kitts delegation seeks that five-year commitment cycles with review. According to the […]

Geothermal exploration begins in St. Kitts

November 13, 2015

Earlier last month, a memorandum of understanding (MOU) was signed by the government of St. Kitts and Teranov, a French engineering and services company for new and renewable energy based in Guadeloupe, to begin geothermal exploration on the island of St. Kitts. The agreement includes a roadmap that paves the way for the production of […]

St. Kitts & Nevis Push Forward with Geothermal Development

September 29, 2015

After signing a Memorandum of Understanding with a company from Guadeloupe to develop geothermal energy in St. Kitts over the next five years, Premier Honorable Vance Amory assured residents of the island of Nevis that St. Kitt’s pursuit of geothermal will not delay geothermal development in Nevis. On the contrary, geothermal development in St. Kitts […]

Teranov and the Government of St Kitts join forces for the development of geothermal energy

September 10, 2015

Announced today in an email sent by Teravov to the market, the Government of St Kitts-Nevis and Teranov will join efforts to establish a public-private partnership, with the ultimate goal to generate electricity via a geothermal power plant. A Memorandum of Understanding, committing the two parties and governing the terms of this collaboration, has now […]

St Kitts and Nevis Receive RE Loan from WB & IDA

June 23, 2015

St Kitts and Nevis are to benefit from $120 million in World Bank and International Development Association funding focused on growing competitiveness, renewable energy and human development.