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Govt ‘holding up’ wind project


Govt ‘holding up’ wind project

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PLANS FOR A SPEEDY START to Barbados’ first commercial wind farm project have been blown away by Government delays.

After arranging about $25 million in financing, completing five years of wind measurements and leasing 4 000 acres of agricultural land from several rural plantation owners, a group of investors has been left “frustrated” waiting more than a year for regulations and a licence regime for independent power producers.

Yesterday, however, Minister of Industry Donville Inniss, assured RE Power (Barbados) Inc. and other associated companies that their wait should be over by month-end.

RE Power, whose investors include Cave Shepherd & Company Limited, is a local renewable energy project development and power generation business with Canadian links. Its founder and president Barry Creamer told the MIDWEEK NATION that “our big wait now is around the legislation, the [amendment] of the [Electric Light and Power Act], which was passed in December of 2013”.

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Please read the full story in today’s Midweek Nation, or in the eNATION edition.