Prime Minister Dr Terrance Drew highlighted the importance of the European Union’s (EU) rising curiosity in inexperienced hydrogen within the Caribbean area throughout a press convention on Thursday, March sixth, 2025, emphasizing the alignment with the nation’s Sustainable Island State Agenda.
He stated that the federal government of St Kitts and Nevis is strategically working to place the nation to turn out to be a internet exporter of renewable power and to capitalize on the EU’s curiosity in inexperienced hydrogen.
PM Drew stated through the press convention that the EU is fascinated by shopping for hydrogen from their area. He additional added that not solely will St Kitts and Nevis obtain power independence, however may even have the potential to turn out to be an power exporter that may create new financial alternatives for the folks of the dual island nation.
Authorities’s funding in geothermal, photo voltaic, and wind power tasks
Through the press convention, PM Drew stated that the federal government of St Kitts and Nevis is rising its investments in geothermal, photo voltaic, and wind power tasks whereas working in collaboration with key worldwide companions, together with the Saudi Fund for Improvement and the Caribbean Improvement Financial institution (CDB).
PM Dr Terrance Drew highlighted the significance of investing in renewable power for the long-term resilience of the Federation’s financial system. He added that this funding will assist obtain power safety and can open doorways to new income streams that may profit the dual island nation for a few years forward.
PM Drew discusses numerous power undertaking
PM Dr Terrance Drew said that they’ve secured full funding for the Nevis geothermal undertaking, which is able to generate the island’s 50 – 60 megawatts of electrical energy roughly.
He additional added that this initiative will meet the home power calls for and also will facilitate power exports to neighboring islands.
Furthermore, the federal government of St Kitts and Nevis is advancing a 50 megawatt photo voltaic farm undertaking in partnership with the Republic of China (Taiwan). This undertaking will present extra favorable phrases for the dual island nation.
PM Drew additionally stated through the convention that the federal government has been advancing the plans for a wind power undertaking at Port Zante by putting in cutting-edge wind generators which can be designed to face up to extreme climate circumstances.
He said that these renewable power tasks will decrease the electrical energy prices for the residents and companies whereas contributing to the Federation’s transformation towards power sustainability.