Next-generation geothermal energy is headed to the Caribbean
The Caribbean Development Bank allocated $17 million for the development of a geothermal project on the island of Nevis, according to an article by leading geothermal news source ThinkGeoEnergy.com. In early December, the Bank approved the multi-million dollar grant as the project advanced to the drilling stage. With up to three wells to be drilled, the project’s end goal is a renewable power plant with an output of 10 megawatts. The island’s population totals around12,000, with an energy demand that would be more than met by the geothermal plant in development. Nevis and its neighboring island of St. Kitts make up just one of many Leeward island nations in the Lesser Antilles, and currently generate electricity through the combustion of imported diesel.
