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Energy Storage and Capacity Strengthening Program

Sector: Power Generation (CCGT) • Location: Barbados

Source: Inter-American Development Bank (IADB)

Project
Preparation

The general objective of the loan is to contribute to Barbados' energy security by supporting the Barbados National Energy Company Limited (BNECL) to reduce its high dependence on fossil fuels. The specific objectives are: (i) to increase Barbados' power grid's capacity to absorb Renewable Energy (RE) by investing in energy storage; (ii) to support the increase of Solar Photovoltaic (SPV) systems

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Project Information

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The project “Energy Storage and Capacity Strengthening Program” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Barbados. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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preparation

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Description

Description

The general objective of the loan is to contribute to Barbados' energy security by supporting the Barbados National Energy Company Limited (BNECL) to reduce its high dependence on fossil fuels. The specific objectives are: (i) to increase Barbados' power grid's capacity to absorb Renewable Energy (RE) by investing in energy storage; (ii) to support the increase of Solar Photovoltaic (SPV) systems connections; and (iii) to strengthen BNECL's capacities to manage and integrate new energy technologies.

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