{"id":117600,"date":"2020-09-28T07:54:46","date_gmt":"2020-09-28T11:54:46","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=117600"},"modified":"2020-09-28T07:54:46","modified_gmt":"2020-09-28T11:54:46","slug":"construction-begins-on-hurricane-resistant-clean-energy-power-plant-in-antigua-and-barbuda-under-us50m-uae-caribbean-renewable-energy-partnership-fund","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/construction-begins-on-hurricane-resistant-clean-energy-power-plant-in-antigua-and-barbuda-under-us50m-uae-caribbean-renewable-energy-partnership-fund\/","title":{"rendered":"Construction begins on hurricane-resistant clean energy power plant in Antigua and Barbuda under US$50m UAE-Caribbean Renewable Energy Partnership Fund"},"content":{"rendered":"
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The UAE-Caribbean Renewable Energy Partnership Fund has announced the start of construction for a hurricane-resistant clean energy plant in Antigua and Barbuda to help the twin-island nation recover from the devastating effects of Hurricane Irma in 2017.<\/p>

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The US$50 million Fund, the largest renewable energy investment of its type in the region, is the result of a partnership between the UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC), the Abu Dhabi Fund for Development (ADFD), and Abu Dhabi Future Energy Company (Masdar).<\/p>\n

Sultan Al Shamsi, Assistant Minister of Foreign Affairs and International Cooperation for International Development Affairs at MoFAIC, remarked, \u201cSince its founding as a nation, the UAE has considered assistance to underserved areas a critical component of its foreign assistance. Through the signing of these EPC agreements, the UAE is facilitating efforts to achieving the UAE\u2019s foreign assistance policy 2021 to promote global peace and prosperity. Today, this achievement will ensure building a more sustainable future and meet the needs of residents of Antigua and Barbuda. We regard with enthusiasm the impact that such projects will have on achieving the SDGs and the livelihoods of those who are most vulnerable, including women and youth.\u201d<\/p>

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\"Construction<\/p>\n

Mohammed Saif Al Suwaidi, Director General of ADFD<\/p>

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Mohammed Saif Al Suwaidi, Director General of ADFD, said, \u201cThis investment is not only transforms the lives of people of Antigua and Barbuda through income-generating activities and by providing a clean, reliable, cost-effective and sustainable source of power, it supports ADFD\u2019s continued mission to invest in renewable energy projects to drive sustainable economic growth in developing countries and unlock their potential. This initiative has a positive impact not only on these developing nations, but also on the UAE\u2019s economic diversification, and it is an opportunity to deploy Emirati expertise internationally. As the world faces economic recession from the impact of coronavirus, investments such as this help pave the way for recovery domestically and in partner countries.\u201d<\/p>\n

Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said: \u201cDelivering on this complex engineering project will provide a welcome boost to Antigua and Barbuda\u2019s economy in these challenging times and help the nation realize its sustainable development goals. The Green Barbuda project will demonstrate the role renewable energy plays in accelerating economic growth and bringing tangible benefits to local communities, such as lowering their reliance on expensive fossil fuels, creating jobs and building skills and capacity. Above all, it highlights the commitment of multiple nations to support a common objective \u2013 providing humanitarian relief to those less fortunate and creating a better world for all.\u201d<\/p>

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Sir Robin Yearwood, Minister with Responsibility for the Energy Portfolio in Antigua and Barbuda, said, \u201cThis project will provide an opportunity for developing Barbuda\u2019s extensive solar energy resource in a manner that supports sustainable socio-economic development,\u201d said. \u201cThe Green Barbuda project has demonstrated the commitment of the Government and the people of the United Arab Emirates, Antigua and Barbuda, and New Zealand, as well as the CDF in advancing climate resilient energy initiatives. This innovative project provides a model for other islands and communities as they tackle in an integrated manner the need to develop their renewable energy resources in the context of the global climate crisis.\u201d<\/p>\n

The Green Barbuda project is being developed with joint funding from the UAE and New Zealand and the Caribbean Development Group Fund, and implemented by Masdar. Site preparation, network impact assessment, and geotechnical studies have been completed for the project, which will support Antigua and Barbuda\u2019s efforts to recover sustainably and help create new jobs.<\/p>

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Masdar is leading the design and implementation of the project, which, when completed, will contribute to Antigua and Barbuda\u2019s goal of producing 15 percent of its electricity needs from renewable sources by 2030. The project will include the construction of an 800 kW diesel power plant and a 720 kWh hybrid solar power plant, as well as an 863 kWh battery system to store excess electricity generated.<\/p>

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The UAE-Caribbean Renewable Energy Partnership Fund aims to establish projects in 16 Caribbean countries within three funding cycles to help reduce energy costs, save more, and enhance their resilience to climate conditions. Clean energy projects were inaugurated in the Bahamas, Barbados, and St. Vincent and the Grenadines in March 2019.<\/p>\n

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The UAE-Caribbean Renewable Energy Partnership Fund has announced the start of construction for a hurricane-resistant clean energy plant in Antigua and Barbuda to help the twin-island nation recover from the devastating effects of Hurricane Irma in 2017. 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