Prime Minister Dr Terrance Drew made an official announcement that the federal government of St Kitts and Nevis has secured full funding required to provoke the nation’s first geothermal undertaking, through the Roundtable dialogue on February sixth, 2025.
PM Drew stated that drilling for the primary 5 wells underneath the geothermal undertaking will start quickly, resulting in a brand new period of renewable power dominance for the dual – island nation.
He stated, “We’ve got now secured the financing essential to launch the geothermal undertaking.”
PM Drew additional added that the geothermal power will present dependable, low price power, increase financial progress, and place St Kitts and Nevis as a frontrunner in clear power throughout the area.
PM Drew additionally met the Premier of Nevis for a quick assembly, as each the leaders agreed on a cooperative strategy to make sure equal advantages from the useful resource to each Kittitians and Nevisians, alike.
The Geothermal Undertaking
The geothermal undertaking is consistent with the federal government’s steady efforts to extend using renewable power.
PM Drew stated that they’ve already dedicated to 50 megawatt of photo voltaic power as they encourage using renewable power and have raised sufficient cash to start out geothermal.
Imaginative and prescient of Prime Minister Drew
PM Dr Terrance Drew talked about his imaginative and prescient to remodel the dual island nation right into a Sustainable Island State, through the Roundtable. He stated that with geothermal, atleast 400 megawatts of power can be generated, and whereas the nation makes use of solely 50 megawatts, round 350 megawatts of power will stay for use for a number of different issues.
Premier Mark Brantley additionally expressed his pleasure and pleasure and stated that the undertaking is predicted to maneuver ahead positively in 2025 to permit Nevis to appreciate the potential of geothermal that can profit all of the individuals of St Kitts and Nevis.
He additionally appreciated and thanked PM Dr Terrance Drew for his steady efforts and help in making the nation generate its personal power.