Thursday, 27 October 2022 - 10:16am
The BVI Electricity Corporation (BVIEC) continues to make significant strides as it relates to the Territory’s clean energy transition to utilizing more renewable energy.
In January 2021, BVIEC was successful in obtaining a grant from the Canadian Support to the Energy Sector in the Caribbean (CSES-S) Fund, being administered by the Caribbean Development Bank (CDB) for technical assistance in supporting BVIEC with project preparation of a Climate Resilient Energy Infrastructure Project in the Paraquita Bay area, aimed at improving the resilience of the Territory’s national transmission grid infrastructure by placing the sole portion of BVIEC’s transmission network underground, and adding a Renewable Energy Generation and Battery Energy Storage System (BESS) facilities.