https://i0.wp.com/demerarawaves.com/wp-content/uploads/2024/03/UG-2024-5.png!

Tag Archives: renewable energy

US hints EXIMBANK loan for gas-to-energy project closer; gov’t says ‘first power’ from Wales delayed to late 2025

United States (U.S.) Ambassador to Guyana, Nicole Theriot this week talked up the Wales gas-to-energy project as a pathway to cleaner energy, and sent a strong signal that the American government was poised to approve a loan for the 300 megawatt natural gas-fired power plant. “We’re literally this close to finalising the EXIM loan that underpins the project,” she told ...

Read More »

India-funded solar power system to save Cheddi Jagan Airport 80 percent of electricity bill

India is providing a US$2.5 million line of credit to construct a 3 megawatt solar farm for Guyana’s Cheddi Jagan International Airport (CJIA), Chief Executive Officer of the Guyana Energy Agency (GEA), Dr Mahender Sharma said Monday. “The proposed capacity of the solar photovoltaic (PV ) project, when it starts operation, can supply about 4.5 million units of electricity annually,” ...

Read More »

East Coast wind-solar farm electricity project to start this year

A more than 2o-year-old idea to generate electricity from wind for consumption by Guyanese could this year move to the installation of six turbines at Hope Beach and Chapman’s Grove, East Coast Demerara and their output would be supplemented with solar energy during periods of less wind, an official said. Project General Manager for the Hope Energy Development Project, Johan ...

Read More »

GMSA wants local sale of Guyana oil portion to lower electricity cost

The Guyana Manufacturers and Services Association (GMSA) recommends that the country’s entitled portion of refined oil be sold locally at a cheaper price in order to lower the cost of electricity especially to businesses. GMSA President, Clinton Williams noted that many of the “long-standing jeopardies” are closely linked to the high cost and unreliability of electricity, resulting in poor performance ...

Read More »

Democratic governance, “independent and active” civil society necessary – US envoy

United States Ambassador to Guyana, Sarah-Ann Lynch Tuesday night cited the need for democracy and an independent civil society to sustain private sector growth and development. “Together with sound, democratic governance and an independent and active civil society, the private sector here has the opportunity to thrive and Guyana has the opportunity to become one of the wealthiest countries in ...

Read More »

Talks begin on building renewable energy power plant in Guyana

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 ...

Read More »

Guyana to lobby US for renewable energy support

Guyana would be lobbying United States (US) stakeholders to support renewable energy initiatives in this South American country as part of its green initiative, President David Granger announced Saturday. Addressing the commissioning of Eureka Medical Laboratories’ (EML) fully-solar powered building on Thomas Street, Georgetown; he said he would be taking his lobby to the US-Caribbean-Central American Energy Summit in Washington ...

Read More »