Talks begin on building renewable energy power plant in Guyana

Last Updated on Wednesday, 20 March 2019, 7:58 by Writer

Left to right: Gavin Singh (BGI Malaysia), Joshua Song, Kim Chang, (Capital Fund), Horace William (MPI C.E.O of Hinterland Electrification, Inc.), Kwon Yong, Seong Li (Capital Fund) and Steven Jasman (Smart City Clearing Corporation).

The Guyana government and a major Japanese solar energy company last week opened talks on constructing a renewable energy power plant in Guyana.

Last Friday, a group of investors from the United States, Japan, Korea, the Malaysian Group, Smart City Clearing Corporation, and Capital Fund met with the Ministry of Public Infrastructure’s Chief Executive Officer of the Hinterland Electrification Company Inc., Horace Williams, to discuss investments in renewable energy power plants.

The Japanese company, government said, is known as a major solar energy producer and has executed 3,100 megawatt power plants in Japan and Korea.

It is the Ministry of Public Infrastructure’s hope to fulfill President David Granger’s vision to reducing dependency on fossil fuels for energy generation by achieving close to 100% renewables by 2025 through a diversified renewable energy infrastructure including biomass, solar, wind and hydropower.

Guyana wants to accomplish a green economy by 2030 in keeping with the Framework for its Green State Development Strategy under which “Energy–Transition to Renewable Energy and Greater Energy” Independence is one of seven central themes.