The government has received more money for a project aimed at moving Barbuda away from fossil fuels to a mix of renewable technologies, primary solar and wind power, backed up by modern battery storage.
The US $1 million grant agreement, between the government of Antigua and Barbuda and the Caricom Development Fund (CDF) was inked on Tuesday during a small ceremony at the Office of the Prime Minister.
The project will result in the construction of a hybrid diesel base-load power station with two power supply components and one storage component.
During the ceremony, Prime Minister Gaston Browne said the financial injection from the CDF completes the counterpart funding for the project, which is primarily being funded by the United Arab Emirates (UAE).
“The total project cost will be EC $15 million. It is being funded by our component of EC $2.7 million. United Arab Emirates will be contributing approximately EC $10.2 million, and we also have a grant component from the government of New Zealand of EC$1.3 million, bringing the total to approximately EC $15 million,” he said.