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Energy and Power

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UAE announces $50 million to support Caribbean Islands

Published On 14 Oct 2019 11:17 AM


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The UAE announced the primary five projects under the US$50 million UAE-Caribbean Renewable Energy Fund (the Fund) across Antigua and Barbuda, Bahamas, Barbados, Dominica, and St. Vincent and the Grenadines.

They can considerably scale back energy prices within the region, additionally, as to improve resilience to natural disasters like cyclone Irma.

Announced in January 2017, the Fund may be a partnership between the UAE M....


Tags : Caribbean Islands, MOFAIC, ADFD,
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