A geothermal well in Nevis
Caribbean geothermal developer West Indies Power Holdings has announced plans for an 8.5-megawatt project in Nevis. The project will be funded with a $55 million loan from the Export-Import Bank of the United States. Nevis’ Administration has been given permission to guarantee the loan, a necessary prerequisite. [Bloomberg]
Ghana’s Energy Minister Dr. Joe Oteng-Adjei and Trinidad’s Minister of Energy Carolyn Seepersad-Bachan By the Caribbean Journal staff Following an agreement that would see Trinidad supply energy for power plants in Ghana, Trinidad and Tobago’s Minister of Energy and Energy Affairs, Carolyn Seepersad-Bachan, visited Ghana at the end of last month. The minister led a […]
Swiss Bundeshaus The Swiss government has moved a court for authorization to seize millions that once belonged to former Haitian dictator Jean-Claude “Baby Doc” Duvalier, 25 years after the funds were first frozen. If the government is successful, the government has said it will return the funds to Haiti for use in aid projects. According […]
By the Caribbean Journal staff Caribbean nations need to protect their urban poor as rising international food prices trigger an acceleration of inflation, according to a report from the Inter-American Development Bank. According to the report, “How will the Food Price Shock Affect Inflation in Latin America and the Caribbean?”, there is an increased risk […]
