Beautiful Virgin Islands

Tuesday, Jun 24, 2025

BVIEC receives CDB funding to strengthen renewable energy infrastructure

BVIEC receives CDB funding to strengthen renewable energy infrastructure

The BVI Electricity Corporation (BVIEC) has secured a technical assistance grant funding approximated to be valued around $600,000, from the Caribbean Development Bank (CDB).

This is according to the General Manager of the BVIEC Leroy Abraham who told BVI News that the grant, while being awarded through the CDB, was provided by the Canadian Support to the Energy Sector in the Caribbean (CSES-C) Fund.

Abraham said the funds will be managed by the CDB who have already indicated they will be signing two contracts to get the project going.

He said: “They (the CDB) will sign one contract with the various consultants and they will be paying them directly, and then there is another contract which will be signed between CDB and us (the BVIEC) since we will be the ones that will be responsible for managing the project.”

“This is primarily consultancy, this isn’t anything involving physical construction, this is just all consultancies for the various assessments that have to be done in terms of preparing an RFP (Request for Proposal) similar to what we did in Anegada,” the BVIEC boss added.

Monumental moment


Chairman of the Board of Directors of BVIEC Rosemarie Flax said being accepted to receive such funding was a massive achievement for the further development of sustainable energy in the BVI.

“The approval of these grant funds is monumental to both BVIEC and the territory in its transition to a more sustainable energy sector in meeting targets for renewable energy, improved energy security and climate change mitigation. It is the culmination of many months of hard work by the committed and dedicated management team at BVIEC,” she stated in a media release.

Areas to be tackled


According to the BVIEC, the funds will be geared towards assisting in the provision of capacity strengthening to support the Corporation in its preparation of a climate-resilient energy infrastructure project in the Paraquita Bay area.

This project is aimed at improving the resilience of the BVI’s national transmission grid infrastructure.

“Some elements of the project include placing a portion of BVIEC’s transmission network underground and adding a renewable energy (RE) generation facility and battery energy storage systems (BESS) facilities. These RE and BESS facilities can be used to supply critical infrastructures such as the Seven Seas Water Plant, H. Lavity Community College (HLSCC) and Bar Bay Water Plan,” BVIEC stated.

“Some of the technical assessments to be performed under the technical assistance programme are Paraquita Bay Critical Facility and Agricultural Area Solar Assessment and Design, grid integration analysis and facility interconnection single line diagrams preparation, geotechnical and hydrology study and foundation design preparations, just to name a few,” BVIEC further explained.

According to Abraham’s projection, the consultancy phase is expected to be completed between July and September this year.

Following the completion of all the relevant project preparation work, a Request for Proposals will be developed and issued, inclusive of commercial terms, conditions and technical specifications to facilitate project development.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Macron and Merz: Europe must arm itself in an unstable world
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Airlines Evaluate Flight Cancellations Amid Escalating US-Iran Tensions
Starmer Invites Innovators to Join Government Talent Scheme
UK Economy’s Strong Opening Quarter Shows Signs of Cooling
Harrods Seeks Court Order to Secure Al Fayed Estate for Victims
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
Labubu Doll Drives Pop Mart to Status as China’s Most Valuable Toy Maker
Global Coal Demand Defies Paris Accord Goals
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
BBC Demands Perplexity AI Immediately Stop Using Its Content
Telegram Founder: I Will Leave My Fortune to Over 100 of My Children
Political Turmoil Resurfaces in Belgium Amid Economic Concerns
Fed policymakers divided on timing of interest rate cuts
Trump signals imminent agreement with Harvard University
Inheritance tax referendum alarms Swiss billionaire community
Japan cancels bilateral security meeting amid US defence demands
AI skeptic Emily Bender warns that ‘the emperor has no clothes’
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
Analysts Warn Iran May Resort to Unconventional Warfare
×